NIVEUS INVESTMENTS LTD - Acceptance Of Options By Directors

Acceptance Of Options By Directors

NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus”)

ACCEPTANCE OF OPTIONS BY DIRECTORS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the following
information regarding the acceptance of options is disclosed:

Director:                               Mr A van der Veen
Company of which I am a director:       Niveus Investments Limited
Designation:                            Chief Executive Officer
Nature of transaction:                  Acceptance of options to subscribe for ordinary shares in
                                        Niveus (Off Market)
Nature of Interest:                     Direct, Beneficial
Class of Shares:                        Ordinary shares
Date of acceptance:                     8 December 2014
Number of options:                      43 828
Option strike price:                    R23.51 (10% discount to the 20 day grant date VWAP)
Value of transaction:                   R 1 030 396.28
Vesting date of options:                10 September 2017
Expiry date of options:                 10 December 2017

Director:                               Me MM Loftie-Eaton
Company of which I am a director:       Niveus Investments Limited
Designation:                            Financial Director
Nature of transaction:                  Acceptance of options to subscribe for ordinary shares in
                                        Niveus (Off Market)
Nature of Interest:                     Direct, Beneficial
Class of Shares:                        Ordinary shares
Date of acceptance:                     8 December 2014
Number of options:                      87 416
Option strike price:                    R23.51 (10% discount to the 20 day grant date VWAP)
Value of transaction:                   R 2 055 150.16
Vesting date of options:                10 September 2017
Expiry date of options:                 10 December 2017

Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained.

Cape Town
10 December 2014
Sponsor:
PSG Capital Proprietary Limited

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