RENERGEN LIMITED - Dealings In Shares By A Director Of A Major Subsidiary Of The Company

Dealings In Shares By A Director Of A Major Subsidiary Of The Company

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")

DEALINGS IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the exercise of options, and subsequent disposal in order to settle tax
obligations arising from the exercise of options, resulting in a net acquisition of 6 712 shares
by the director, is disclosed.

1.
NAME OF DIRECTOR                                  Khalid Patel

COMPANY OF WHICH A DIRECTOR                       Tetra4 (Pty) Limited
                                                  (a major subsidiary of the Company)

STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

TYPE AND CLASS OF SECURITIES                      Ordinary shares

NATURE OF TRANSACTION                             Exercise of options by the director in terms
                                                  of the Renergen Bonus Share Plan
                                                  (Off-market transaction)

VESTING DATE AND PERIOD                           Awards vested on 3 July 2023, being the
                                                  date on which the participant satisfied the
                                                  employment condition(s) as specified in
                                                  the award letter, and, to the extent
                                                  applicable, any other conditions imposed.

EXERCISE DATE                                     4 July 2023

STRIKE PRICE (RAND)                               R13.54

NUMBER OF OPTIONS EXERCISED                       11 474

NUMBER OF SHARES RECEIVED                         11 474

TOTAL DEEMED RAND VALUE OF                        R255 870.20
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R22.30 ON 4 JULY 2023)

NATURE AND EXTENT OF INTEREST IN                  Direct, beneficial
THE TRANSACTION

2.
NAME OF DIRECTOR                                  Khalid Patel

COMPANY OF WHICH A DIRECTOR                       Tetra4 (Pty) Limited
                                                  (a major subsidiary of the Company)

STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

TYPE AND CLASS OF SECURITIES                      Ordinary shares

NATURE OF TRANSACTION                             Disposal of shares in order to settle tax
                                                  obligations arising from the exercise of
                                                  options as set out above, resulting in a net
                                                  acquisition of 6 712 shares by the director
                                                  (on-market transaction)

DATE OF TRANSACTION                               4 July 2023

PRICE PER SECURITY                                R22.50

NUMBER OF SECURITIES TRANSACTED                   4 762

TOTAL RAND VALUE OF SECURITIES                    R107 145.00
TRANSACTED

NATURE AND EXTENT OF INTEREST IN                  Direct, beneficial
THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.

5 July 2023

Designated Advisor
PSG Capital

www.renergen.co.za

Date: 05-07-2023 05:10:00
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