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” of the “Reunert group”)

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, the company secretary and
directors of major subsidiaries of the Company (collectively “Participants”) are hereby disclosed.

Vesting of units in terms of Reunert’s Conditional Share Plan 2012 (“CSP”) and sale of
ordinary shares

Ordinary shares in the Company vested in the Participants on 19 November 2019, in respect of CSP
units that were allocated to Participants in 2014 and 2015, as part of the retention plan, or in 2015, as
part of the performance plan. As indicated in the table below, some or all of these shares were
subsequently sold in accordance with the normal administrative processes of the CSP, wholly or
partially in settlement of tax obligations, on 22 November 2019, on-market, at a price equal to the 20-
day volume weighted average share price of R70,8449 per share:

Participant           Number of vested      Value of vested            Number of            Value of
                                shares               shares      ordinary shares         transaction
                                                                            sold
Executive directors of the Company
AE Dickson                      99 583          R7 054 948                99 583          R7 054 948
M Moodley                       37 820          R2 679 354                19 349          R1 370 778
NA Thomson                      62 385          R4 419 659                29 009          R2 055 140
Directors of Quince Capital

P Capa                             953             R67 515                   443             R31 384
S Gambu                          7 859            R556 770                 3 654            R258 867
Z Mahomed                       11 675            R827 114                11 675            R827 114
Company Secretary

K Louw                            3 802           R269 352                 3 802            R269 352

The nature of the interest of the above Participants is direct beneficial and they received the
prescribed clearance to trade.

Sale of unrestricted ordinary shares pursuant to Reunert’s 2016 Deferred Bonus Plan (“DBP”)

Ordinary shares, held by Participants as restricted shares in terms of the DBP, became unrestricted
on 19 November 2019. As indicated in the table below, some or all of these shares were
subsequently sold in accordance with the normal administrative processes of the DBP, wholly or
partially in settlement of tax obligations, on 22 November 2019, on-market, at a price equal to the 20-
day volume weighted average share price of R70,8449 per share:
     
Participant            Number of unrestricted     Number of ordinary    Value of transaction
                                       shares            shares sold
Executive directors of the Company
AE Dickson                             83 275                 83 275              R5 899 609
M Moodley                              27 932                 12 988                R920 134
NA Thomson                             56 178                 26 122              R1 850 610
Director of Quince Capital
Z Mahomed                               3 433                  3 433                R243 211
Company Secretary
K Louw                                  6 338                  6 338                R449 015

The nature of the interest of the above Participants is direct beneficial and they received the
prescribed clearance to trade.

Sandton
22 November 2019

Sponsor
One Capital

Date: 22/11/2019 05:38:00
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