INVICTA HOLDINGS LIMITED - Associate of directors dealings in securities

Associate of director’s dealings in securities

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta")

Associate of director’s dealings in securities

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
respect of the following transaction by an associate of an Invicta director:

        Name of director:                            LR Sherrell (Non-executive director)
        Name of associate:                           Lanmar Investments (Pty) Limited
        Relationship to director:                    The director is also a director of the Associate
        Date of transaction:                         16 August 2017
        Number of shares sold:                       200 000 contracts (representing a total of 200 000
                                                     Invicta ordinary shares)
        Nature of transaction:                       Sale of Contracts for Difference on the open market
        Price per share:                             R52.01647
        Value of transaction:                        R10 403 294.20
        Nature of interest:                          Indirect beneficial
        Trade:                                       On-market

Cape Town
21 August 2017

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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