CARTRACK HOLDINGS LIMITED - Share Incentive Scheme and Dealing in Securities

Share Incentive Scheme and Dealing in Securities

Cartrack Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/036316/06)
JSE share code: CTK
ISIN: ZAE000198305
(“Cartrack” or the “Company” or the “Group”)

SHARE INCENTIVE SCHEME AND DEALING IN SECURITIES BY A DIRECTOR

In accordance with the provisions of the Cartrack Executive Share Incentive Scheme (“the Scheme”),
approved by shareholders at the Company’s AGM held on 25 August 2015, notional units have been
allocated to Mr JR Edmeston, an executive director of the Company, and Ms A de Villiers, the Company
Secretary. These units are under-pinned by Cartrack shares (“Scheme shares”) although the Scheme
shares never vest in the Scheme beneficiaries.
In compliance with section 3.63 of the Listings Requirements of the JSE Limited, the details of the
allocation are disclosed below:


1.    Allocation to Director

Director                       :                 J R Edmeston
Company                        :                 Cartrack Holdings Limited
Class of security              :                 Ordinary shares
Nature of transaction          :                 Allocation of notional units under-pinned by shares,
                                                 Off-market
Date of transaction            :                 31 May 2016
Number of units                :                 325 000
Deemed price per share (cents) :                 981
Deemed value                   :                 R3 188 250
Vesting criteria               :                 Basic EPS >112c
                                                 Units on system > 725 000
                                                 Recovery Rate > 90%
Maturity date                  :                 1 March 2018
Nature of interest             :                 Directly beneficial
Clearance obtained             :                 Yes



2.    Allocation to Company Secretary

Company Secretary                :      A de Villiers
Company                          :      Cartrack Holdings Limited
Class of security                :      Ordinary shares
Nature of transaction            :      Allocation of notional units under-pinned by shares,
                                        Off-market
Date of transaction              :      31 May 2016
Number of units                  :      40 000
Deemed price per share (cents) :        981
Deemed value                     :      R392 400
Vesting criteria                 :      Basic EPS >112c
                                        Units on system > 725 000
                                        Recovery Rate > 90%
Maturity date                    :      1 March 2018
Nature of interest               :      Directly beneficial
Clearance obtained               :      Yes




Johannesburg
1 June 2016

Sponsor: Investec Bank Limited

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