HULAMIN LIMITED - Exercise of Long Term Incentive Plan Awards and Subsequent Sale of Shares by a Director and Directors of a Major Sub

Exercise of Long Term Incentive Plan Awards and Subsequent Sale of Shares by a Director and Directors of a Major Sub

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin” or “the Company”)

EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF
SHARES BY A DIRECTOR AND DIRECTORS OF A MAJOR SUBSIDIARY

In compliance with paragraphs 3.63 and 3.92 of the Listings Requirements of the JSE Limited,
shareholders are notified of the delivery of shares in the Company to directors of the Company and of
its subsidiary, Hulamin Operations Proprietary Limited, in terms of the Long-Term Incentive Plan
Scheme with Performance Conditions and the Long-Term Incentive Plan without Performance
Conditions (collectively referred to as the “LTIP Scheme”), and the subsequent disposal of a portion of
those shares by certain of the directors.

Details of the directors’ dealings are set out below.

 Name of director:                                      RG Jacob
 Company:                                               Hulamin Limited
 Nature of the transaction:                             Off-market delivery of shares in Hulamin to the
                                                        director in terms of the LTIP Scheme
 Number of shares acquired:                             123 595
 Class of securities:                                   Ordinary shares
 Date of transaction:                                   23 April 2018
 Price of securities on the day immediately             R5.20 per share
 preceding this transaction:
 Total value of shares acquired:                        R642 694.00
 Nature of interest:                                    Direct beneficial
 Clearance to deal obtained:                            Yes

 Director:                                              MA Janneker
 Company:                                               Hulamin Operations Proprietary Limited
 Nature of transaction:                                 Off-market delivery of shares in Hulamin to the
                                                        director in terms of the LTIP Scheme and the
                                                        subsequent on-market disposal of those
                                                        shares
 Class of securities:                                   Ordinary shares
 Date of transaction:                                   23 April 2018
 Number of shares acquired and subsequently             36 680
 disposed of:
 Price of securities on the day immediately             R5.20 per share
 preceding this transaction and sale price:
 Total value of shares acquired and disposed            R190 736.00
 of:
 Nature of interest:                                    Direct beneficial
 Clearance to deal obtained:                            Yes

 Director:                                              F Bradford
 Company:                                               Hulamin Operations Proprietary Limited
 Nature of transaction:                                 Off-market delivery of shares in Hulamin to the
                                                        director in terms of the LTIP Scheme and the
                                                        subsequent on-market disposal of a portion of
                                                        those shares
 Class of securities:                                   Ordinary shares
 Date of transaction:                                   23 April 2018
 Number of shares acquired:                             51 431
 Number of shares disposed of                           23 700
 Price of securities on the day immediately             R5.20 per share
 preceding this transaction and sale price:
 Total value of shares acquired:                        R267 441.20
 Total value of shares disposed of:                     R123 240.00
 Nature of interest:                                    Direct beneficial
 Clearance to deal obtained:                            Yes
 

Pietermaritzburg
24 April 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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