SYGNIA LIMITED - Dealing in securities by a director, company secretary and director of a major subsidiary

Dealing in securities by a director, company secretary and director of a major subsidiary

SYGNIA LIMITED
Incorporated in the Republic of South Africa)
Registration number 2007/025416/06)
Share code on the JSE: SYG ISIN: ZAE000208815
("Sygnia")

DEALING IN SECURITIES BY A DIRECTOR, COMPANY SECRETARY AND DIRECTOR OF A
MAJOR SUBSIDIARY

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information,
relating to the dealing in securities, is disclosed:

Name:                                            Michael Buckham
Designation:                                     Executive Financial Director
Date of transaction:                             31 May 2017
Class of shares:                                 Ordinary shares
Number of shares:                                485 950
Price per share:                                 R8.40
Value of transaction:                            R4 081 980
Nature of transaction:                           Purchase (off market)
Extent of interest:                              Indirect beneficial (purchased in the name of
                                                 Rockjumper Investments (Pty) Ltd)
Clearance obtained:                              Yes

Name:                                            Glen MacLachlan
Designation:                                     Company secretary
Date of transaction:                             31 May 2017
Class of shares:                                 Ordinary shares
Number of shares:                                17 811
Price per share:                                 R8.40
Value of transaction:                            R149 612.40
Nature of transaction:                           Purchase (off market)
Extent of interest:                              Direct beneficial
Clearance obtained:                              Yes

Name:                                            Niki Jane Giles
Designation:                                     Director of major subsidiary (Sygnia Life Limited; Sygnia
                                                 Asset Management (Pty) Ltd)
Date of transaction:                             31 May 2017
Class of shares:                                 Ordinary shares
Number of shares:                                59 371
Price per share:                                 R8.40
Value of transaction:                            R498 716.40
Nature of transaction:                           Purchase (off market)
Extent of interest:                              Direct beneficial
Clearance obtained:                              Yes

Name:                                            Cher Leetjer
Designation:                                     Director of major subsidiary (Sygnia Asset
                                                 Management (Pty) Ltd)
Date of transaction:                             31 May 2017
Class of shares:                                 Ordinary shares
Number of shares:                                11 873
Price per share:                                 R8.40
Value of transaction:                            R99 733.20
Nature of transaction:                           Purchase (off market)
Extent of interest:                              Direct beneficial
Clearance obtained:                              Yes

Name:                                            Marlene Myrtle Budge
Designation:                                     Director of major subsidiary (Sygnia Asset
                                                 Management (Pty) Ltd)
Date of transaction:                             31 May 2017
Class of shares:                                 Ordinary shares
Number of shares:                                2 967
Price per share:                                 R8.40
Value of transaction:                            R24 922.80
Nature of transaction:                           Purchase (off market)
Extent of interest:                              Direct beneficial
Clearance obtained:                              Yes

The above transactions relate to a sale by a distressed shareholder, resulting in shares being made
available to employees of the Sygnia Group. This allocation enhances the alignment of employees with
shareholders. The purchases of these shares were funded by the individuals in their personal capacity.

1 June 2017

Sponsor
Nedbank Corporate and Investment Banking

Date: 01/06/2017 04:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.