TISO BLACKSTAR GROUP SE - Dealing in securities by a director

Dealing in securities by a director

Tiso Blackstar Group SE
(Incorporated in England and Wales)
(Company number SE 000110)
(registered as an external company with limited liability in the Republic of South Africa under registration
number 2011/008274/10)
ISIN: GB00BF37LF46
JSE Share code: TBG
(“Tiso Blackstar” or the “Company”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following transaction by a director of Tiso Blackstar is hereby disclosed and set out
below.

The Company has awarded to participants (including Andrew Bonamour, a director of the Company)
forfeitable shares in respect of the year ending 30 June 2019 under the Management Incentive Scheme
(“MIS”) which was approved by shareholders at the extraordinary general meeting held on 20 June 2017
(“Award”). The vesting of such shares to participants and the quantity of shares vested will be based on
achievement of the performance conditions over the performance period as stipulated in the MIS rules.

Name of director of the Company:                          Andrew Bonamour
Nature of transaction:                                    Off-market award and acceptance of Award
Date of Award:                                            29 October 2018
Date of acceptance of Award:                              30 October 2018
Nature and extent of director’s interest:                 Direct beneficial
Class of shares                                           Ordinary shares
Award price per ordinary share:                           Zero cost
Total number of ordinary shares accepted:                 1,192,259
Deemed value of Award:                                    R3,338,325.20 at a price of R2.80 per ordinary
                                                          share, being the closing price on 26 October
                                                          2018
Vesting date of Award:                                    31 October 2021, subject to achievement of the
                                                          performance conditions under the MIS rules
Clearance obtained in terms of paragraph 3.66 of          Yes
the Listings Requirements:

Johannesburg
31 October 2018

For further information, please contact:

Tiso Blackstar Group SE                           Leanna Isaac                     +44(0) 20 7887 6017

JSE Sponsor: One Capital                          Taryn Carter                     +27(0) 11 550 5030

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