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

Release Date: 25/03/2022 17:31
Code(s): MIX     PDF:  
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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")


DEALINGS IN SECURITIES BY A DIRECTOR OF MIX TELEMATICS


Shareholders are advised of the following information relating to dealings in securities by a director MiX Telematics
relating to the exercise of share appreciation rights ("SARs") under the MiX Telematics Limited Long-Term Incentive
Plan ("LTIP").

Stefan Joselowitz is exercising 1 000 000 SARs, equating to 589 958 ordinary shares, granted to him under the LTIP as
set out in the table below and his intention is to retain all of the shares issued to him, thereby increasing his direct
beneficial shareholding in MiX Telematics to 772 086 American Depositary Shares (equivalent to 19 302 149 ordinary
shares).

Mr. Joselowitz, who is paying the associated costs of this transaction out of pocket, commented: "I am pleased to
increase my ownership position in MiX Telematics and further align myself with our shareholders. This transaction
underscores the confidence I have in the business and the exciting opportunities we have to generate significant value
for our customers and shareholders"

Name of director:                                 Stefan Joselowitz
Transaction date:                                 March 23, 2022
Class of securities:                              Ordinary shares issued to settle gain from SARs exercised
Nature of transaction:                            Off-market exercise of SARs under the LTIP
Nature and extent of director’s interest:         Direct beneficial
Clearance to deal received:                       Yes
* One American Depositary Share equals 25 ordinary shares.

SARS exercised:

Award date                     Number             Award         Exercise        Total gain on        Ordinary shares
                               exercised          price            price                 SARs                 issued
May 30, 2016                   1 000 000          R2.94           R7.17        R 4 229 998.86                589 958

March 25, 2022


JSE sponsor
Java Capital

Date: 25-03-2022 05:31:00
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