ELB GROUP LIMITED - Acceptance and exercise of options by a Director of a Major Subsidiary

Acceptance and exercise of options by a Director of a Major Subsidiary

ELB GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1930/002553/06)
ISIN: ZAE000035101
JSE Code: ELR
(“the Company”)

ACCEPTANCE AND EXERCISE OF OPTIONS BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the acceptance and exercise of options in terms of The ELB Share
Incentive Scheme:

 Name of director:                      CJ Smith
 Name of company:                       ELB Equipment Holdings Proprietary Limited
 Date of acceptance:                    1 June 2017
 Number of options accepted and         135 000
 exercised:
 Option strike price:                   R20.83
 Total value of transaction:            R2 812 050
 Grant date of option:                  18 May 2017
 Strike date:                           Within 10 years from grant date
 Nature of transaction:                 Acceptance and exercise of options granted in terms of The
                                        ELB Share Incentive Scheme
 Class of securities:                   Ordinary shares
 Type of interest:                      Direct beneficial
 Clearance to deal obtained:            Yes

Boksburg
2 June 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

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