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

Release Date: 14/09/2018 17:30
Code(s): MIX     PDF:  
Wrap Text
Dealings in securities by a 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")


DEALING IN SECURITIES BY A DIRECTOR OF MiX TELEMATICS


Shareholders are advised of the following information relating to the dealing in securities by 
a director of  MiX Telematics pursuant to the exercise of share options under the MiX Telematics 
Group Executive Incentive Scheme ("the Scheme").

Charles Tasker is exercising 2,000,000 share options (equivalent to 80,000 ADRs) granted to him 
in  November 2012 under the Scheme. Tasker’s intention is to sell up to 1,150,000 of these shares 
(equivalent to 46,000 ADRs) to  cover primarily the strike price and resultant tax implications of 
the transaction. At the conclusion of the  transaction, Tasker will have increased his shareholding 
in MiX Telematics by at least 850,000 ordinary shares (equivalent to 34,000 ADRs), bringing his total 
shareholding to at least 2,907,072 ordinary shares (equivalent to 116,282 ADRs).

Name of director:                           Charles Tasker
Transaction date:                           September 11, 2018
Class of securities:                        Ordinary shares
Number of securities:                       2 000 000 (equivalent to 80 000 ADRs)
Price per security:                         R2.46
Total value:                                R4 920 000.00
Nature of transaction:                      Off-market exercise of the share options granted under the Scheme
Nature and extent of director's interest:   Direct beneficial
Clearance to deal received:                 Yes

September 14, 2018


JSE sponsor
Java Capital






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