REUNERT LIMITED - Acceptance of rights to participant in long-term incentive plan and share purchase transactions

Acceptance of rights to participant in long-term incentive plan and share purchase transactions

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or “Reunert group”)

ACCEPTANCE OF RIGHTS TO PARTICIPANT IN LONG-TERM INCENTIVE PLAN AND SHARE
PURCHASE TRANSACTIONS

REUNERT CONDITIONAL SHARE PLAN

The following acceptances were made in terms of the Reunert Conditional Share Plan 2012 (“CSP”),
approved by shareholders on 13 February 2013.

In all instances:
     - clearance to trade was obtained;
     - approval for individual allocations was given by the remuneration committee;
     - the nature of the interest is direct beneficial; and
     - the nature of the transactions was off-market allocations of units in respect of ordinary shares.

On 17 December 2015, the following executive directors accepted units in terms of the CSP, which
are subject to performance conditions and vest after four years:

AE Dickson                                          111 127
M Moodley                                           47 332
MAR Taylor                                          50 933
NA Thomson                                          85 523

On 17 December 2015, the following directors of ATC (Pty) Ltd, a major subsidiary of Reunert,
accepted units in terms of the CSP, which are subject to performance conditions and vest after four
years:

GW Eddey                                            30 510
TA Pooe                                             18 591

On 17 December 2015, the following executive directors accepted units in terms of the CSP which will
convert to ordinary shares, subject to remaining with the Reunert group for a period of four years:

AE Dickson                                          18 521
MAR Taylor                                          8 489

On 17 December 2015, the following director of ATC (Pty) Ltd, a major subsidiary of Reunert,
accepted units in terms of the CSP which will convert to ordinary shares, subject to remaining with the
Reunert group for a period of four years:

TA Pooe                                             3 099
On 17 December 2015, the company secretary of Reunert accepted units in terms of the CSP which
will convert to ordinary shares, subject to remaining with the Reunert group, 50% after a period of four
years and 50% after a period of five years:

K Louw                                              3 625

On 31 January 2015 the following executive directors accepted units in terms of the CSP, which are
subject to performance conditions and vest after four years:

AE Dickson                                          147 844
MAR Taylor                                          50 822

On 31 January 2015, the following executive directors accepted units in terms of the CSP which will
convert to ordinary shares, subject to remaining with the Reunert group for a period of four years:

MAR Taylor                                          8 470

On 31 January 2015 the company secretary of Reunert accepted units in terms of the CSP which will
convert to ordinary shares, subject to remaining with the Reunert group, 50% after a period of four
years and 50% after a period of five years:

K Louw                                              3 978

On 12 February 2013 the company secretary of Reunert accepted units in terms of the CSP which will
convert to ordinary shares, subject to remaining with the Reunert group for a period of four years:

K Louw                                              3 755

SHARE ACQUISITIONS

A number of individuals acquired ordinary shares in Reunert. The shares were purchased utilising a
single trading platform administered by a broker. The shares were allocated to individuals on
17 December 2015, on the basis of the volume weighted average price of R66,71 for which the
shares were acquired by the broker.

In all instances:
     - clearance to trade was obtained;
     - the nature of the interest is direct beneficial; and
     - the nature of the transactions was an on market purchase of ordinary shares.

Reunert executive directors:

AE Dickson                        69 250 ordinary shares             R4 620 000
M Moodley                         9 955 ordinary shares              R664 125
NA Thomson                        9 780 ordinary shares              R652 500
MAR Taylor                        29,678 ordinary shares             R1 980 000

Directors of ATC (Pty) Ltd, a major subsidiary of Reunert:
PW de Villiers                  15 978 ordinary shares               R1 065 994
GW Eddey                        6 339 ordinary shares                R422 910

Company secretary of Reunert:

K Louw                          4 870 ordinary shares                R324 880

Company secretary of ATC (Pty) Ltd, major subsidiary of Reunert:

GJ Steyn                        6 031 ordinary shares                R402 330




Sandton
18 December 2015

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

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