ITALTILE LIMITED - Directors Dealings in Securities

Directors’ Dealings in Securities

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


DIRECTORS’ DEALINGS IN SECURITIES


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:                Mr WL van der Merwe
Company:                         Allmuss Properties Proprietary Limited, a wholly-owned
                                 subsidiary of Italtile Limited
Nature of transaction:           Off market award of shares under the Long Term Incentive
                                 Plan
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of shares:                224 438
Price:                           927 cents
Total value:                     R2 080 535.63

Name of director:                Mr WL van der Merwe
Company:                         Allmuss Properties Proprietary Limited, a wholly-owned
                                 subsidiary of Italtile Limited
Nature of transaction:           Off market award of shares under the Share Appreciation
                                 Rights Scheme
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of shares:                49 003
Price:                           927 cents
Total value:                     R454 261.50

Name of director:                Mr BG Wood
Company:                         Italtile Limited
Nature of transaction:           Off market award of shares under the Share Appreciation
                                 Rights Scheme
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of shares:                32 669
Price:                           927 cents
Total value:                     R302 841.00

Name of director:                Mr N Booth
Company:                         Italtile Limited
Nature of transaction:           Off market award of shares under the Executive Retention
                                 Plan
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of shares:                1 000 000
Price:                           906 cents
Total value:                     R9 060 000.00
Material terms:                  The shares are subject to a three year lock-in period from
                                 transaction date

Name of director:                Mr J Potgieter
Company:                         Italtile Limited
Nature of transaction:           Off market award of shares under the Executive Retention
                                 Plan
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of shares:                1 000 000
Price:                           906 cents
Total value:                     R9 060 000.00
Material terms:                  The shares are subject to a three year lock-in period from
                                 transaction date

Name of director:                Mr N Booth
Company:                         Italtile Limited
Nature of transaction:           Off market grant and acceptance of share appreciation
                                 rights (“SARs”) under the Share Appreciation Rights
                                 Scheme
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of SARs:                  3 000 000
Grant price:                     927 cents
Vesting period:                  The vesting dates of the SARs are: 25% on 31 August 2017
                                 and 75% on 31 August 2019

Name of director:                Mr J Potgieter
Company:                         Italtile Limited
Nature of transaction:           Off market grant and acceptance of SARs under the Share
                                 Appreciation Rights Scheme
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of SARs:                  3 000 000
Grant price:                     927 cents
Vesting period:                  The vesting dates of the SARs are: 25% on 31 August 2017
                                 and 75% on 31 August 2019

Name of director:                Mr BG Wood
Company:                         Italtile Limited
Nature of transaction:           Off market grant and acceptance of SARs under the Share
                                 Appreciation Rights Scheme
Class of securities:             Ordinary shares
Extent of director’s interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             4 September 2014
Number of SARs:                  600 000
Grant price:                     927 cents
Vesting period:                  The vesting dates of the SARs are: 25% on 31 August 2017
                                 and 75% on 31 August 2019


Johannesburg
8 September 2014

Sponsor
Merchantec Capital

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