MIX TELEMATICS LIMITED - Dealings in securities by directors and by directors of major subsidiaries : share appreciation rights

Dealings in securities by directors and by directors of major subsidiaries : share appreciation rights

MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX Telematics” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS OF MIX TELEMATICS AND BY DIRECTORS OF MAJOR SUBSIDIARIES OF MIX TELEMATICS: 
SHARE APPRECIATION RIGHTS


Shareholders are advised of the following information relating to the award and off-market acceptance of share
appreciation rights (“SARs”) under the MiX Telematics Limited Long-Term Incentive Plan (“LTIP”), the vesting of
which will occur on an annual basis in four equal tranches commencing on December 9, 2023 and will be subject to
the performance condition of the achievement of 10% compounded annual growth in the MiX Telematics share price.
The total value of each award will be determined, for the number of SARs exercised, by calculating the difference
between the award price per SAR and the closing share price on the day before the exercise date.

Name of director:                                 John Granara
Acceptance date:                                  December 12, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 700 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Stefan Joselowitz
Acceptance date:                                  December 15, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 800 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Charles Tasker
Acceptance date:                                  December 13, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 800 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Catherine Lewis
Name of subsidiary company:                       MiX Telematics International Proprietary Limited
Acceptance date:                                  December 14, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 700 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Gert Pretorius
Name of subsidiary companies:                     MiX Telematics Africa Proprietary Limited and MiX
                                                  Telematics Investments Proprietary Limited
Acceptance date:                                  December 14, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 700 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Rory McWilliams
Name of subsidiary companies:                     MiX Telematics International Proprietary Limited
Acceptance date:                                  December 14, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 200 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Paul Dell
Name of subsidiary companies:                     MiX Telematics Investments Proprietary Limited
Acceptance date:                                  December 15, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 500 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Kgomotso Bokaba
Name of subsidiary companies:                     MiX Telematics International Proprietary Limited
Acceptance date:                                  December 15, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 225 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

Name of director:                                 Daniel Reichenberg
Name of subsidiary companies:                     MiX Telematics Africa Proprietary Limited
Acceptance date:                                  December 13, 2021
Class of securities:                              SARs in respect of ordinary shares
Number of securities:                             SARs awarded in respect of 225 000 ordinary shares
Award price per SAR:                              R7.38
Nature of transaction:                            Award of SARs under the LTIP
Nature and extent of directors’ interest:         Direct beneficial
Clearance to deal received:                       Yes

December 17, 2021


Sponsor
Java Capital

Date: 17-12-2021 05:00:00
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