OCEANA GROUP LIMITED - 2013 Share Plan: Dealing in Securities

2013 Share Plan: Dealing in Securities

OCEANA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
(“Oceana”)

OCEANA GROUP LIMITED 2013 SHARE PLAN: DEALING IN SECURITIES

In compliance with paragraphs 3.63 – 3.74 of the Listings
Requirements of JSE Limited (“the JSE”), shareholders are advised
that Oceana Group Limited (“the Company”) has offered the following
Restricted Shares (“RS”) to the following directors of the Company,
the Company Secretary and directors of major subsidiaries of the
Company (“the Participants”), as set out below.

The offers were accepted on 16 November 2015 (“Offer Date”). RS is
settled after three years from the Offer Date dependent on the
participant still being in the employment of the Company.


The RS offered may be summarised as follows:

Name                 Position                         No     of   RS
                                                      awarded
FP Kuttel            Director and director of a       75 366
                     major subsidiary
ABA Conrad           Director and director of a       2 500
                     major subsidiary
I Soomra             Director and director of a       15 400
                     major subsidiary
G Rhodes-Harrison    Director of a major subsidiary   14 423
L De Waal            Director of a major subsidiary   6 175
JM Marais            Company Secretary                1 000

The following are applicable to the above:

Class of underlying security to Ordinary shares
which rights attach
RS Award Price per share        Rnil (not applicable)
Nature of transaction           Off-market allocation of SARs,
                                PVS and RS
RS vesting period               Third anniversary of the Offer
                                Date
Nature of interest              Direct beneficial

In accordance with section 3.66 of the Listings Requirements the
necessary   clearance was  obtained to  offer   and  accept  the
abovementioned RS.
In addition to the above, the following dealings by a director of the
Company are also disclosed:


Name of director:                           P de Beyer
Company:                                    Oceana
Date of transactions:                       (1)   13 November 2015
                                            (2)   16 November 2015
Nature of transaction:                      Sale of shares
Number of shares:                           (1)   2 420
                                            (2)   1 000
Price:                                      (1)   11354.00 cents per
                                                  share (volume weighted
                                                  average price)
                                            (2)   11500.00 cents per
                                                  share
Highest price:                              (1)   11380.00 cents per
                                                  share
Lowest price:                               (1)   11310.00 cents per
                                                  share
Total value:                                (1)   R274 766.80
                                            (2)   R115 000
Class of securities:                        Ordinary shares
Nature and extent of director’s             Direct beneficial
interest:

The above transaction was done on market. Clearance to deal was
received in terms of paragraph 3.66 of the Listings Requirements.

16 November 2015

Cape Town

JSE  Sponsor:   The   Standard   Bank    of      South   Africa   Limited

NSX Sponsor:    Old Mutual Investment Services (Namibia) Proprietary
Limited

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