Wrap Text
EXX- Share dealings by an associate of directors
EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
(“Exxaro”)
SHARE TRANSACTIONS BY AN ASSOCIATE OF DIRECTORS
In terms of clauses 3.63 to 3.65 of the JSE Limited (‘JSE’) Listings Requirements, notice is hereby given
that an associate of two directors of Exxaro has sold Exxaro ordinary shares. In accordance with a
dispensation received from the JSE this disclosure is being made following completion of the share disposal
process.
Shareholders are reminded of the announcement, “Exxaro to provide financial assistance to black economic
empowerment shareholder” dated 24 July 2015, where it had been indicated that Main Street 333
Proprietary Limited would dispose of a number of Exxaro ordinary shares in a coordinated manner to settle
some of their debt, whilst still maintaining their majority equity position in Exxaro. These sales (which
concluded on 30 September 2016) form part of that process.
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Name of Directors: Messrs MDM Mgojo and VZ Mntambo
Name of Associate: Main Street 333 Proprietary Limited
Relationship: Shareholders and directors
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Class of securities: Ordinary
Nature of transaction: On-market sales
Nature of interest: Indirect beneficial
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Date of Number of Volume Weighted Trading Prices Total
Transaction Shares sold Average Price Highest Lowest Proceeds
2016
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22 July 120,000 R86.4325 R86.65 R86.00 R10,371,905.04
25 July 400,000 R86.5437 R87.48 R85.50 R34,617,480.00
26 July 50,000 R86.0000 R86.00 R86.00 R4,300,000.00
27 July 160,000 R86.3878 R87.26 R86.00 R13,822,048.00
28 July 248,190 R86.1106 R87.30 R86.00 R21,371,789.81
1 August 99,602 R84.4004 R85.19 R83.99 R8,406,448.64
2 August 113,666 R83.0003 R83.04 R83.00 R9,434,312.10
4 August 563,721 R83.9180 R85.15 R83.00 R47,306,338.88
5 August 121,082 R84.7712 R85.02 R84.00 R10,264,266.44
8 August 152,038 R82.0019 R82.14 R82.00 R12,467,404.87
10 August 37,115 R81.4865 R81.50 R81.48 R3,024,371.45
11 August 125,000 R80.4363 R80.84 R80.30 R10,054,531.25
12 August 50,371 R82.4639 R83.27 R82.00 R4,153,789.11
15 August 67,530 R81.9697 R82.69 R81.00 R5,535,411.88
16 August 445,058 R83.2156 R83.99 R82.00 R37,035,766.28
18 August 24,644 R82.3288 R83.58 R82.00 R2,028,912.03
19 August 16,591 R83.0023 R83.05 R83.00 R1,377,091.16
22 August 112,118 R79.2717 R80.59 R79.00 R8,887,784.46
23 August 100,841 R80.0802 R80.45 R80.00 R8,075,367.45
24 August 44,738 R80.5283 R81.56 R80.00 R3,602,675.09
25 August 600,000 R81.3000 R82.40 R80.00 R48,780,000.00
26 August 12,748 R81.7989 R82.45 R81.00 R1,042,772.38
2 September 49,209 R78.9938 R79.25 R78.95 R3,887,205.90
5 September 74,943 R79.0784 R79.51 R79.00 R5,926,372.53
6 September 79,048 R79.9926 R80.01 R79.95 R6,323,254.10
7 September 64,954 R80.1147 R80.94 R80.00 R5,203,770.22
8 September 87,313 R79.0423 R79.46 R79.00 R6,901,417.72
20 September 13,181 R76.0032 R76.02 R76.00 R1,001,798.18
20 September 22,996 R76.0388 R76.28 R76.00 R1,748,588.24
21 September 179,136 R77.7303 R79.55 R77.00 R13,924,288.21
22 September 297,423 R79.0230 R79.68 R77.90 R23,503,257.73
23 September 223,751 R79.7563 R80.20 R79.00 R17,845,551.88
26 September 292,703 R78.3557 R79.79 R77.00 R22,934,948.46
27 September 251,000 R77.9134 R78.99 R76.37 R19,556,259.38
28 September 485,517 R79.1698 R80.05 R78.32 R38,438,288.64
29 September 483,866 R83.6477 R86.42 R82.00 R40,474,266.40
30 September 534,102 R83.9350 R85.05 R82.00 R44,829,838.02
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Total 6,804,195 R82.0758 R558,459,576.24
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CH WESSELS
GROUP COMPANY SECRETARY
4 November 2016
Sponsor
Absa Bank Limited, acting through its corporate and investment bank division
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