KAP INDUSTRIAL HOLDINGS LIMITED - Dealing In Securities By A Director Of A Major Subsidiary In Respect Of The Claw-Back Offer To KAP Shareholders

Dealing In Securities By A Director Of A Major Subsidiary In Respect Of The Claw-Back Offer To KAP Shareholders

KAP Industrial Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1978/000181/06
Share Code: KAP
ISIN: ZAE0000171963
(“KAP” or “the Company”)


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY IN RESPECT
OF THE CLAW-BACK OFFER TO KAP SHAREHOLDERS

Shareholders are referred to the circular distributed to certificated
shareholders on 24 November 2016 and to dematerialised shareholders
on 29 November 2016 (“Circular”) relating to a renounceable claw-back
offer in respect of 197 368 421 ordinary shares of no par value in
the share capital of KAP (“Claw-back Offer”).

In compliance with paragraphs 3.63 to 3.68 of the Listings
Requirements of the JSE Limited, it is herewith disclosed that Mr
Lunga*, a director of Unitrans Supply Chain Solutions Proprietary
Limited, a major subsidiary of KAP, has followed his rights in terms
of the Claw-back Offer and through an on-market transaction on 9
December 2016, has clawed-back 12,796 claw-back shares from the
subscribers reflected in the Circular at the subscription price of
R7,60 per claw-back share for a total value of R97,249-60.

* Direct beneficial interest in the transaction.

As required in terms of paragraph 3.66 of the Listings Requirements
of the JSE Limited, clearance to deal in securities has been granted
for this transaction

By order of the Board
Steinhoff Secretarial Services Proprietary Limited
Company Secretary

Sponsor: PSG Capital Proprietary Limited

3 January 2017

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