METROFILE HOLDINGS LIMITED - Acceptance of conditional shares in terms of the Metrofile Holdings Limited Conditional Share Plan

Acceptance of conditional shares in terms of the Metrofile Holdings Limited Conditional Share Plan

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile Holdings" or "the Company")

ACCEPTANCE OF CONDITIONAL SHARES IN TERMS OF THE METROFILE HOLDINGS LIMITED
CONDITIONAL SHARE PLAN

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, notification is hereby given that the following directors of
the Company have accepted a conditional right to Metrofile Holdings shares
issued in terms of the Conditional Share Plan (“CSP”).

CSP awards have a strike price of Rnil, however are subject to the relevant
criteria as approved at the November 2019 annual general meeting, namely
they are linked to pre-defined performance criteria and vest in full after
4 years. The awards outlined below are in relation to the standard annual
allocations as per the Company’s remuneration policy.

Name of director              Pfungwa G Serima
Name of company               Metrofile Holdings
Date of transaction           29 September 2023
VWAP at calculation date      R2.93
Number of CSP awards          1 875 223
Total value of securities     R5 494 404
Class of security             CSP awards in respect of ordinary shares
Nature of transaction         Off market acceptance of allocation of CSP
                              awards
Nature of interest            Direct beneficial

Name of director              Shivan Mansingh
Name of company               Metrofile Holdings
Date of transaction           29 September 2023
VWAP at calculation date      R2.93
Number of CSP awards          889 966
Total value of securities     R2 607 600
Class of security             CSP awards in respect of ordinary shares
Nature of transaction         Off market acceptance of allocation of CSP
                              awards
Nature of interest            Direct beneficial

Name of company secretary     Elizabeth M Smuts
Name of company               Metrofile Holdings
Date of transaction           29 September 2023
VWAP at calculation date      R2.93
Number of CSP awards          148 328
Total value of securities     R434 601
Class of security             CSP awards in respect of ordinary shares
Nature of transaction         Off market acceptance of allocation of CSP
                              awards
Nature of interest            Direct beneficial

Name of director              Justice Tootla
Name of company               Metrofile (Pty) Ltd
Date of transaction           29 September 2023
VWAP at calculation date      R2.93
Number of CSP awards          738 020
Total value of securities     R2 162 400
Class of security             CSP awards in respect of ordinary shares
Nature of transaction         Off market acceptance of allocation of CSP
                              awards
Nature of interest            Direct beneficial

Clearance to deal was obtained in terms of the JSE Limited Listings
Requirements.

Illovo
29 September 2023

Sponsor
The Standard Bank of South Africa Limited

Date: 29-09-2023 02:50:00
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