ELB GROUP LIMITED - Notification of share dealing by directors and by a director of a major subsidiary

Notification of share dealing by directors and by a director of a major subsidiary

ELB GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number: 1930/002553/06
ISIN: ZAE000035101
JSE Code: ELR
(“ELB” or “the Company”)

Notification of share dealing by directors and by a director of a major subsidiary

Shareholders are referred to the circular to shareholders issued on 20 October 2017 (“the Circular”)
in terms of which shareholders were advised of the Company’s intention to implement a specific
repurchase of shares by the ELB Share Incentive Trust (“the Trust”) from specific participants of the
ELB Share Incentive Schemes, including directors (“the Trust Specific Repurchase”).

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are
hereby advised that the following directors have, on 28 March 2018 accepted the Trust Specific
Repurchase and accordingly disposed of ordinary shares in the Company, to the Trust, in an off-
market transaction, at a price of R18.99 per share (being the 30-day volume weighted average price
of ELB shares traded on the JSE at 20 March 2018, as referred to in the Circular).

 Participant                                   Nature of interest     Number of      Aggregate value
                                                                          shares
                                                                     disposed of
 Directors of the Company:
    SJ Meijers                                  Direct beneficial        509 900          R9 683 001
    CJ Smith                                    Direct beneficial         75 000          R1 424 250
 Director of, ELB Engineering Services
 (Pty) Ltd, a major subsidiary of the
 Company:
    AMM Pinto                                   Direct beneficial         30 000            R569 700

Clearance to deal was provided in respect of all trades disclosed.

Boksburg
29 March 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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