DENEB INVESTMENTS LIMITED - Exercise Of Options By Directors Of A Major Subsidiary In Terms Of The Deneb Long Term Incentive Scheme

Exercise Of Options By Directors Of A Major Subsidiary In Terms Of The Deneb Long Term Incentive Scheme

DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)

EXERCISE OF OPTIONS BY DIRECTORS OF A MAJOR SUBSIDIARY IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME

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

1.
NAME OF DIRECTOR                                I N Morris

COMPANY OF WHICH A DIRECTOR                     Prima Toy and Leisure Trading (Pty) Ltd
                                                (a major subsidiary of the Company)

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                exercise of Deneb Long Term Incentive
                                                Scheme options granted and accepted in
                                                2014 at an adjusted strike price of 84
                                                cents per share (off-market)

DATE OF TRANSACTION                             28 June 2019

CENTS PER SHARE                                 201 cents

NUMBER OF SECURITIES TRANSACTED                 80,479

TOTAL RAND VALUE OF SECURITIES                  R161,762.79
TRANSACTED

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

2.
NAME OF DIRECTOR                                F Nussbaum

COMPANY OF WHICH A DIRECTOR                     Prima Toy and Leisure Trading (Pty) Ltd
                                                (a major subsidiary of the Company)

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                exercise of Deneb Long Term Incentive
                                                Scheme options granted and accepted
                                                in 2014 at an adjusted strike price of 84
                                                cents per share (off-market)

DATE OF TRANSACTION                             28 June 2019

CENTS PER SHARE                                 201 cents

NUMBER OF SECURITIES TRANSACTED                 20,293

TOTAL RAND VALUE OF SECURITIES                  R40,788.93
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 Limited Listings
Requirements.

Cape Town
1 July 2019

Sponsor
PSG Capital

Date: 01/07/2019 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.