KAP INDUSTRIAL HOLDINGS LIMITED - Dealing In Company Shares

Dealing In Company Shares

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
(“KAP” or “the Company”)

DEALING IN COMPANY SHARES

1. VESTING OF SHARE RIGHTS GRANTED IN 2015

The share rights granted to participants under the KAP Performance Share Rights Scheme
(“the KAP Share Rights Scheme”) in December 2015 have vested with effect from 1 November
2018.

Pursuant to this vesting, the following executive directors of KAP and of its major subsidiaries
received KAP ordinary shares of no par value (“KAP Shares”) on 5 November 2018 in
accordance with the provisions of the KAP Share Rights Scheme in an off-market transaction,
as follows:

 Name of director                                 Number of        Market price              Market value
                                                 shares that       (cents per                        (R)
                                                     vested         share)
 KJ Grové*@&                                        827 893               780               6 457 565.40
 GN Chaplin*#$
 (in respect of associate "Straalhoek             1 151 851               780             8 984 437.80
 Sawmill (Pty) Ltd")
 FH Olivier*#$
 (in respect of associate "Mashoweng                486 191               780             3 792 289.80
 Investments (Pty) Ltd")
 SP Lunga**@                                        275 892               780             2 151 957.60
 LR Pollard**@                                      607 739               780             4 740 364.20
 G Victor**@                                        607 739               780             4 740 364.20
 TR Nel***@                                         745 341               780             5 813 659.80

*   Director of KAP Industrial Holdings Ltd
**  Director of KAP Diversified Industrial (Pty) Ltd
*** Director of Unitrans Holdings (Pty) Ltd
&   This vesting relates to share rights granted in 2015 when the director fulfilled an executive
    role in KAP, reduced on a pro rata basis in terms of the rules of the KAP Share Rights
    Scheme upon his retirement on 1 January 2017
#   Indirect beneficial interests in the transaction
@   Direct beneficial interests in the transaction
$   A director of the associate

The vesting of the share rights has taken place in terms of the rules of the Share Rights
Scheme and accordingly, no clearance as contemplated in Rule 3.66 of the Listings
Requirements, is required.

By order of the Board
KAP Secretarial Services Proprietary Limited

Stellenbosch
5 November 2018

Sponsor
PSG Capital

Date: 05/11/2018 05:00:00 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.