To view the PDF file, sign up for a MySharenet subscription.

MIX TELEMATICS LIMITED - Dealing in securities by a director of major subsidiaries of MiX Telematics

Release Date: 27/11/2017 17:45
Code(s): MIX     PDF:  
Wrap Text
Dealing in securities by a director of major subsidiaries 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”)


DEALING IN SECURITIES BY A DIRECTOR OF MAJOR SUBSIDIARIES OF MIX TELEMATICS


Shareholders are advised of the following information relating to the dealing in securities by a director of major subsidiaries of
MiX Telematics pursuant to the exercise of share options under the MiX Telematics Group Executive Incentive Scheme (“the
Scheme”). Gert Pretorius’ intention is to sell approximately 446 928 of these shares to cover the strike price and resultant tax
implications of the transaction. At the conclusion of the transaction Gert Pretorius will have increased his shareholding in MiX
Telematics by 303 072 shares, bringing his total shareholding to approximately 337 854.

Name of director:                                                 Gert Pretorius
Name of subsidiary companies:                                     MiX Telematics Africa Proprietary Limited and MiX
                                                                  Telematics Investments Proprietary Limited
Transaction date:                                                 22 November 2017
Class of securities:                                              Ordinary shares
Number of securities                                              750 000
Price per security:                                               R1.54
Total value:                                                      R1 155 000.00
Nature of transaction:                                            Off-market exercise of the share options under the Scheme
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

27 November 2017


Sponsor
Java Capital

Date: 27/11/2017 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story