NIVEUS INVESTMENTS LIMITED - Acceptance Of Options A Director Of A Major Subsidiary

Acceptance Of Options A Director Of A Major Subsidiary

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 A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with sections 3.63 - 3.74 of the JSE Limited Listings Requirements, the following
information regarding the acceptance of options is disclosed:

Name of director:                       Mr CB Mogiba
Company of which I am a director:       Vukani Gaming Corporation Proprietary Limited (a major
                                        subsidiary of Niveus)
Status: Executive/Non-executive:        Executive
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:                     13 January 2017
Number of options accepted:             75 128
Option strike price:                    R33.73 (10% discount to the volume weighted average price
                                        for the 20 business days prior to the date on which the
                                        options were awarded)
Value of transaction:                   R2 534 067.44
Vesting date of options:                10 January 2020
Expiry date of options:                 10 April 2020

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

Cape Town
18 January 2017
Sponsor:
PSG Capital Proprietary Limited

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