SPANJAARD LIMITED - Dealing in Securities by a Director

Dealing in Securities by a Director

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN code:           ZAE000006938


DEALING IN SECURITIES BY A DIRECTOR               January 2016


Release date:                                     21 January 2016

Code:                                             SPA

In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings Requirements
of the Johannesburg Stock Exchange, the following should be noted:

Director:                                         Robert Johannes Willem Spanjaard,
                                                  through Spanjaard
                                                  Group Limited

Date of transaction:                              15 January 2016

Number of securities:                             5000

Average price per share:                          377.50 cents per share

Highest price per share:                          380 cents per share

Lowest price per share:                           375 cents per share

Total value:                                      R18 875.00

Class of security:                                Ordinary shares

Nature of transactions:                           Purchase

Nature and extent of interest:                    Indirect Beneficial

Nature of trade                                   On-market

Clearance given in terms
of paragraph 3.66                                 Yes



Director:                                         Robert Johannes Willem Spanjaard,
                                                  through Spanjaard
                                                  Group Limited

Date of transaction:                              18 January 2016

Number of securities:                             3 000

Average price per share:                          372.50 cents per share

Highest price per share:                          375 cents per share

Lowest price per share:                           370 cents per share

Total value:                                      R11 105.05

Class of security:                                Ordinary shares

Nature of transactions:                           Purchase

Nature and extent of interest:                    Indirect Beneficial

Nature of trade                                   On-market

Clearance given in terms
of paragraph 3.66                                 Yes


Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 21/01/2016 10:57:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.