SYGNIA LIMITED - Dealings in securities

Dealings in securities

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
(“Sygnia”)

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

1. Dealings by director

    Director:                            Mr David Hufton
    Company:                             Sygnia Limited
    Transaction date:                    7 December 2020
    Closing price:                       R19.49
    Nature of transaction:               Off market grant and acceptance of share options in terms of
                                         the Sygnia Limited Employee Share Option Scheme B
    Class of shares:                     Sygnia ordinary shares
    Number of share options:             200 000
    Option strike price:                 nil
    Option exercise periods:             20% after 3rd anniversary date
                                         30% after 4th anniversary date
                                         50% after 5th anniversary date
    Fair value of options:               R2 234 230
    Nature of Interest:                  Direct beneficial
    Written clearance to deal:           Yes

2. Dealings by director

    Director:                            Mr Murad Sirkot
    Company:                             Sygnia Limited
    Transaction date:                    7 December 2019
    Closing price:                       R19.49
    Nature of transaction:               Off market grant and acceptance of share options in terms of
                                         the Sygnia Limited Employee Share Option Scheme B
    Class of shares:                     Sygnia ordinary shares
    Number of share options:             100 000
    Option strike price:                 nil
    Option exercise periods:             20% after 3rd anniversary date
                                         30% after 4th anniversary date
                                         50% after 5th anniversary date
    Fair value of options:               R1 117 115
    Nature of Interest:                  Direct beneficial
    Written clearance to deal:           Yes



Cape Town
11 December 2020

Sponsor:
The Standard Bank of South Africa Limited

Date: 11-12-2020 03:18:00
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