REUNERT LIMITED - Dealings in securities

Dealings in securities

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or the “Company”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements, the following transactions by directors of Reunert and directors of a major subsidiary of
Reunert (collectively “Participants”) are hereby disclosed.

On 10 February 2020, at the annual general meeting of the Company, the shareholders approved the
rules of the Reunert 2019 Conditional Share Plan (“CSP”). In accordance with the rules of the CSP, the
allocation of awards in the table below were approved on 10 March 2020, on behalf of the Company’s
Remuneration Committee. The CSP awards entitle Participants to Reunert ordinary shares in the future,
if relevant employment and performance conditions are met over a 4 and/or 5 year period.

The nature and extent of the interest of Participants is direct beneficial. The following CSP awards were
allocated to the Participants, off-market, and the prescribed clearance to trade was received:

                                CSP awards – subject               CSP awards –     Indicative transaction
                               to remaining with the       subject to remaining       value*, based on the
                                   Reunert group and           with the Reunert           Company’s 20-day
                              performance conditions         group, 50% vesting            volume weighted
                               measured over 4 years      after 4 years and 50%              average price
                                                                  after 5 years           (VWAP), as at 10
                                                                                          February 2020 of
                                                                                                 R62,6764*
 
Executive directors of the Company
 AE Dickson                                  183 560                          -                R11 504 880
 M Moodley                                    57 170                          -                 R3 583 210
 NA Thomson                                  105 620                          -                 R6 619 881
 
Directors of Quince Capital (Pty) Ltd, a major subsidiary of the Company
 P Capa                                            -                      2 700                   R169 226
 S Gambu                                      10 800                          -                   R676 905
 Z Mahomed                                    21 600                          -                 R1 353 810
 JE Malaza                                         -                      1 612                   R101 034
 RP Steenkamp                                      -                      1 715                   R107 490

* The transaction value relating to the CSP units is only indicative and is subject to conditions. The
actual transaction values will only be determinable when the units vest, in accordance with the rules of
the CSP, at the end of the relevant vesting period.

Sandton
11 March 2020

Sponsor: One Capital

Date: 11-03-2020 01:10:00
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