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MIX TELEMATICS LIMITED - Dealings in securities by a director of MiX Telematics

Release Date: 08/06/2016 17:45
Code(s): MIX     PDF:  
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Dealings in securities by a director of MiX Telematics

MiX Telematics Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX  ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX Telematics”)


DEALINGS IN SECURITIES BY A DIRECTOR OF MIX TELEMATICS


Shareholders are advised of the following information relating to dealings in securities by a director of MiX Telematics pursuant
to the exercise of share options under the MiX Telematics Group Executive Incentive Scheme (“the Scheme”).

Stefan Joselowitz is exercising 1,500,000 share options granted to him under the Scheme. Joselowitz’ intention is to sell
950,000 of these shares to cover the strike price and resultant tax implications of the transaction. At the conclusion of the
transaction, Joselowitz will have increased his shareholding in MiX Telematics by 550,000 ordinary shares, bringing his total
shareholding to 26,342,045.

Name of director:                                   Stefan Joselowitz
Transaction date:                                   3 June 2016
Class of securities:                                Ordinary shares
Number of securities:                               1,500,000
Price per security:                                 R1.12
Total deemed value:                                 R1,680,000.00
Nature of transaction:                              Off-market exercise of the share options granted under the Scheme
Nature and extent of directors’ interest:           Direct beneficial
Clearance to deal received:                         Yes

8 June 2016


Sponsor
Java Capital

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