JASCO ELECTRONICS HOLDINGS LIMITED - Prescribed officer dealing in securities

Prescribed officer dealing in securities

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC      ISIN: ZAE000003794
("Jasco" or “the Group”)



PRESCRIBED OFFICER DEALING IN SECURITIES


In compliance with the requirements of rules 3.63 to 3.74 of the JSE
Limited   Listings  Requirements   (“Listings  Requirements”),   the
following information is disclosed:

Name of company               : Jasco Electronics Holdings Limited
Name of prescribed Officer    : M Janse Van Vuuren, director of Jasco
                                Enterprise (Pty) Limited, a major
                                subsidiary of Jasco
Class of securities           : Options in Jasco ordinary shares
Date of transaction           : 28 June 2016
Nature of transaction         : Grant of Options
Nature of interest            : Direct beneficial
No of options                 : 735 546
Option strike price           : 81 cents per share
Option strike date            : 27 May 2016
Period of exercise
and/or vesting                : - after 2 years have elapsed from the
                                  date on which the option is granted,
                                  in respect of not more than fifty
                                  percent of the options which are the
                                  subject of that option;
                                - after 3 years have elapsed from the
                                  date on which the option is granted,
                                  in respect of not more than seventy
                                  five percent of the options which
                                  are the subject of that option; and
                                - after 4 years have elapsed from the
                                  date on which the option is granted,
                                  in respect of all the options which
                                  are the subject of that option.
Value of transaction         : R595 792

Clearance to for all the transactions have been obtained in terms of
section 3.66 of the Listings Requirements.

Johannesburg

30 June 2016

Sponsor: Grindrod Bank Limited

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