ITALTILE LIMITED - Dealings in Securities by Directors

Release Date: 05/09/2018 16:00
Code(s): ITE
 
Wrap Text
Dealings in Securities by Directors

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                                 Brandon Wood
Company:                                          Italtile Limited
Nature of transaction:                            Off market award of shares under the Share Appreciation
                                                  Rights Scheme
Class of securities:                              Ordinary shares
Extent of director’s interest:                    Direct beneficial
Clearance to deal obtained:                       Yes
Date of transaction:                              3 September 2018
Number of securities:                             79 600
Price per security:                               R13.81
Total value:                                      R1 099 276.00
 
Name of director:                                 Tsundzukani Mhlanga
Company:                                          Italtile Limited
Nature of transaction:                            Off market award of shares under the Executive Retention
                                                  Plan
Class of securities:                              Ordinary shares
Extent of director’s interest:                    Direct beneficial
Clearance to deal obtained:                       Yes
Date of transaction:                              4 September 2018
Number of securities:                             500 000
Price per security:                               R13.10
Total value:                                      R6 550 000.00
Period of exercise:                               The shares are subject to a five-year lock-in period from
                                                  transaction date

Johannesburg
5 September 2018

Sponsor
Merchantec Capital

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