CALGRO M3 HOLDINGS LIMITED - Dealing in securities by a director

Dealing in securities by a director

CALGRO M3 HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2005/027663/06)
Share code: CGR       ISIN: ZAE000109203
(“Calgro M3” or “the Company” or “the Group”)

DEALINGS IN SECURITIES BY A DIRECTOR

In accordance with the requirements of paragraph 3.63 to 3.74 of the
JSE Limited Listings Requirements (“Listings Requirements”), the
following dealing in securities by a director should be noted:

Name of Company               :    Calgro M3 Holdings Limited
Name of director              :    Ben Pierre Malherbe
Class of securities           :    Ordinary shares in Calgro M3
Nature of transaction         :    On-market sale of shares by the
                                       The BPM Family Trust
Nature of interests           :    Indirect beneficial
Date of transactions          :    25 January 2017
No of shares sold in          :    2,000,000
Price                         :    R17.50 per share
Total value of transactions   :    R35,000,000.00


Mr Malherbe has sold shares as part of his diversification and estate
planning strategy in view of his imminent retirement as Chief
Executive Officer of the Company on 01 March 2017. Pursuant to the
sale of the shares, Mr Malherbe still has an indirect beneficial
interest in 12,500,000 ordinary shares in the Company through his
interest in the BPM Family Trust (12,000,000), and through his son
Retief Malherbe (250,000) and his daughter Gemma Malherbe (250,000),
and he furthermore has a direct beneficial interest in 1,050,069
ordinary shares, held in treasury by the Company, through the
Company’s executive share incentive scheme.

Clearance to trade has been obtained in terms of section 3.66 of the
Listings Requirements.

Johannesburg
30 January 2017

Sponsor
Grindrod Bank Limited

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