HULAMIN LIMITED - Exercise of long term incentive plan awards and subsequent sale of shares by director of a major subsidiary

Exercise of long term incentive plan awards and subsequent sale of shares by director of a major subsidiary

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
(“Hulamin”)

EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF
SHARES BY DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director:                            F B Bradford
Company:                             Hulamin Operations Proprietary
                                     Limited
Nature of transaction:               Off market exercise of long
                                     term incentive plan awards
                                     with performance conditions
                                     (“LTIP-PC”) and subsequent on
                                     market sale of shares
Date of exercise:                    27 May 2016
Class of securities:                 LTIP-PC in respect of ordinary
                                     shares
Number of LTIP-PC exercised:         49 711
Exercise price:                      R5.35
Value of exercise:                   R265 953.85

Date of sale:                        27 May 2016
Number of shares sold:               21 127
Selling Price:                       R5.35
Value of sale:                       R113 029.45

Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes


Director:                            F B Bradford
Company:                             Hulamin Operations Proprietary
                                     Limited
Nature of transaction:               Off market exercise of long
                                     term incentive plan awards
                                     with no performance conditions
                                     (“LTIP-NPC”) and subsequent on
                                     market sale of shares
Date of exercise:                    27 May 2016
Class of securities:                 LTIP-NPC in respect of
                                     ordinary shares
Number of LTIP-NPC exercised:        33 141
Exercise price:                      R5.35
Value of exercise:                   R177 304.35

Date of sale:                        27 May 2016
Number of shares sold:               14 084
Selling Price:                       R5.35
Value of sale:                       R75 349.40

Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes




Pietermaritzburg
01 June 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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