ITALTILE LIMITED - Dealings in Securities by a Director of a Major Subsidiary

Dealings in Securities by a Director of a Major Subsidiary

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE  ISIN: ZAE000099123
(“Italtile”)


DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


Name of director:                                  Gerard Maartens
Company:                                           Ceramic Industries Proprietary Limited
Date of transaction:                               1 September 2023
Nature of transaction:                             Off market acceptance of Units (with each Unit being
                                                   linked to one Italtile ordinary share held by, and registered
                                                   in the name of, the Italtile Retention Scheme Trust (“Trust
                                                   Shares”)) in terms of the Italtile Retention Scheme.
Class of underlying security to which rights
attach:                                            Ordinary shares
Number of Units awarded:                           200 000
Unit award price:                                  R0.00
Total value of transaction:                        Not applicable
Vesting period:                                    Units will vest on the fifth anniversary of the acceptance
                                                   of their award, subject to the achievement of certain
                                                   performance criteria over the intervening period, and
                                                   will, for no consideration, be replaced with such number
                                                   of Trust Shares as are linked to the Units.
Extent of director’s interest:                     Direct beneficial
Clearance to deal:                                 Yes


Johannesburg
6 September 2023

Sponsor
Merchantec Capital

Date: 06-09-2023 03:50:00
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