SPANJAARD LIMITED - Dealings in Securities by Directors

Dealings in Securities by Directors

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code:      SPA    ISIN code:       ZAE000006938
(“the Company”)


DEALINGS IN SECURITIES BY DIRECTORS


Release date:                                           27 May 2019

Code:                                                   SPA

In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings
Requirements of the Johannesburg Stock Exchange, the following should be noted:

Director:                                               Tracy Stewart (born Spanjaard)
                                                        through Spanjaard
                                                        Group Limited

Date of transactions:                                   24 May 2019

Price: (cents per share)                                165 (deemed price in terms of
                                                        JSE Listings Requirements)

Number of securities:                                   3 966 958

Total value:                                            R6 545 478 (deemed value in
                                                        terms of JSE Listings
                                                        Requirements)

Class of security:                                      Ordinary shares

Nature of transaction:                                  Receipt as beneficiary in terms of
                                                        a deceased estate

Nature and extent of interest:                          Indirect beneficial

Confirmation of trade                                   On-market

Clearance given in terms
of paragraph 3.66                                       Yes


Sponsor
Arbor Capital Sponsors Proprietary Limited

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