RENERGEN LIMITED - Dealings In Shares By Directors

Dealings In Shares By Directors

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")

DEALINGS IN SHARES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the exercise of options, and subsequent disposal in order to settle tax
obligations arising from the exercise of options, resulting in a net acquisition of Renergen
shares by the directors, is disclosed.

1.
NAME OF DIRECTOR                                Stefano Marani

COMPANY OF WHICH A DIRECTOR                     Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Exercise of options by the director in terms
                                                of the Renergen Bonus Share Plan
                                                (Off-market transaction)

VESTING DATE AND PERIOD                         Awards vested on 3 July 2023, being the
                                                date on which the participant satisfied the
                                                employment condition(s) as specified in
                                                the award letter, and, to the extent
                                                applicable, any other conditions imposed.

EXERCISE DATE                                   28 August 2023

STRIKE PRICE (RAND)                             R0

NUMBER OF OPTIONS EXERCISED                     74 046

NUMBER OF SHARES RECEIVED                       74 046

TOTAL DEEMED RAND VALUE OF                      R1 406 874.00
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R19.00 ON 30 AUGUST
2023)

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTIONS

2.
NAME OF DIRECTOR                   Stefano Marani

COMPANY OF WHICH A DIRECTOR        Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

TYPE AND CLASS OF SECURITIES       Ordinary shares

NATURE OF TRANSACTIONS             Disposal of shares in order to settle tax
                                   obligations arising from the exercise of
                                   options as set out above, resulting in a net
                                   acquisition of 43 316 shares by the
                                   director (on-market transactions)

DATES OF TRANSACTIONS              (1) 28 August 2023
                                   (2) 29 August 2023

PRICE PER SECURITY                 (1) High: R19.30
                                       Low: R19.12
                                       VWAP: R19.27
                                   (2) R19.25

NUMBER OF SECURITIES TRANSACTED    (1) 25 001
                                   (2) 5 729

TOTAL RAND VALUE OF SECURITIES     (1) 481 769.27
TRANSACTED                         (2) 110 283.25

NATURE AND EXTENT OF INTEREST IN   Direct, beneficial
THE TRANSACTIONS


3.
NAME OF DIRECTOR                   Nicolas Mitchell

COMPANY OF WHICH A DIRECTOR        Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

TYPE AND CLASS OF SECURITIES       Ordinary shares

NATURE OF TRANSACTION              Exercise of options by the director in terms
                                   of the Renergen Bonus Share Plan
                                   (Off-market transaction)

VESTING DATE AND PERIOD            Awards vested on 3 July 2023, being the
                                   date on which the participant satisfied the
                                   employment condition(s) as specified in
                                   the award letter, and, to the extent
                                   applicable, any other conditions imposed.

EXERCISE DATE                      30 August 2023

STRIKE PRICE (RAND)                R0
NUMBER OF OPTIONS EXERCISED        74 046

NUMBER OF SHARES RECEIVED          74 046

TOTAL DEEMED RAND VALUE OF         R1 406 874.00
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R19.00 ON 30 AUGUST
2023)

NATURE AND EXTENT OF INTEREST IN   Direct, beneficial
THE TRANSACTIONS

4.
NAME OF DIRECTOR                   Nicolas Mitchell

COMPANY OF WHICH A DIRECTOR        Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

TYPE AND CLASS OF SECURITIES       Ordinary shares

NATURE OF TRANSACTION              Disposal of shares in order to settle tax
                                   obligations arising from the exercise of
                                   options as set out above, resulting in a net
                                   acquisition of 43 316 shares by the
                                   director (on-market transaction)

DATE OF TRANSACTION                30 August 2023

PRICE PER SECURITY                 R19.00

NUMBER OF SECURITIES TRANSACTED    30 730

TOTAL RAND VALUE OF SECURITIES     R583 870.00
TRANSACTED

NATURE AND EXTENT OF INTEREST IN   Direct, beneficial
THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.

31 August 2023

Designated Advisor
PSG Capital
www.renergen.co.za

Date: 31-08-2023 05:15:00
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