LIBERTY TWO DEGREES LIMITED - Dealing in Securities by an Executive Director and the Company Secretary

Dealing in Securities by an Executive Director and the Company Secretary

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“L2D” or “the Company”)

DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR AND THE COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, L2D hereby
announces the following transactions:


Director (Financial Director)                  José Snyders
Date of transaction                            31 March 2020
Number of securities                           17 333 ordinary shares
Nature of transaction                          Purchase in the open market
VWAP per share                                 R4.45
Highest price per share                        R4.50
Lowest price per share                         R3.78
Total value of transaction                     R77 131.85
Nature and extent of interest                  Direct beneficial

Director (Financial Director)                  José Snyders
Date of transaction                            1 April 2020
Number of securities                           4 297 ordinary shares
Nature of transaction                          Purchase in the open market
Price per share                                R4.61
Total value of transaction                     R19 809.17
Nature and extent of interest                  Direct beneficial

Company Secretary                              Benjamin Swanepoel
Date of award                                  1 April 2018
Date of transaction (Vesting date)             1 April 2020
Number of securities                           64 767 ordinary shares
Nature of transaction                          Off-market vesting of restricted share awards in
                                               respect of the final tranche of share awards made on
                                               appointment to L2D
Vesting periods                                One-third on sign-on, another one-third after 12
                                               months and the balance after 24 months. No
                                               conditionality applies
Price per share                                R4.85
Total value of transaction                     R314 119.95
Nature and extent of interest                  Direct beneficial

Company Secretary                              Benjamin Swanepoel
Date of transaction                            1 April 2020
Number of securities                           33 050 ordinary shares
Nature of transaction                          On-market sale to cover the income tax liability
Price per share                                R4.30
Total value of transaction                     R142 115.00
Nature and extent of interest                  Direct beneficial

Company Secretary                              Benjamin Swanepoel
Date of award                                  1 April 2018
Date of transaction (Vesting date)             1 April 2020
Number of securities                            31 717 ordinary shares
Nature of transaction                           Off-market vesting of restricted share awards in
                                                respect of the final tranche of share awards made on
                                                appointment to L2D
Vesting periods                                 One-third on sign-on, another one-third after 12
                                                months and the balance after 24 months. No
                                                conditionality applies
Price per share                                 R4.85
Total value of transaction                      R153 827.45 (net of taxation)
Nature and extent of interest                   Direct beneficial


Clearance to trade was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Johannesburg
2 April 2020


Sponsor:
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 02-04-2020 05:05:00
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.