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MIX TELEMATICS LIMITED - Dealings in securities by director of MiX Telematics

Release Date: 13/09/2018 17:30
Code(s): MIX
Wrap Text
Dealings in securities by director of MiX Telematics

MiX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX  ISIN: ZAE000125316
NYSE share code: MIXT
("MiX Telematics")


DEALINGS IN SECURITIES BY A DIRECTOR OF MiX TELEMATICS


Shareholders are referred to the announcement released on August 22, 2018 wherein shareholders were advised that 
Stefan Joselowitz had exercised 2,500,000 share options (equivalent to 100,000 American Depositary Shares ("ADS")
that were awarded to him in 2012 under the MiX Telematics Group Executive Incentive Scheme and that the intention
was to sell up to 2,000,000 of these shares (equivalent to 80,000 ADS) to cover primarily the strike price and resultant
tax implications of the transaction. Stefan Joselowitz elected to convert these 2,500,000 shares to 100,000 ADS. 
The below detailed trades bring this transaction to a conclusion. Joselowitz has increased his shareholding in 
MiX Telematics by 500,000 ordinary shares (equivalent to 20,000 ADS), bringing his total shareholding to 26,842,045 
ordinary shares (equivalent to 1,073,682 ADS).

Shareholders are accordingly advised of the following information relating to the dealings in securities by Stefan
Joselowitz:

Transaction date:                           September 12, 2018
Class of securities:                        ADS
Number of securities:*                      23 781 (equivalent to 594 525 ordinary shares)
Price per security:                         USD15.1000
Total value:                                USD359 093.10
Nature of transaction:                      Sale of ADSs on the New York Stock Exchange
Nature and extent of director's interest:   Direct beneficial
Clearance to deal received:                 Yes
*One ADS equals 25 ordinary shares

September 13, 2018


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