CONDUIT CAPITAL LIMITED - Dealings in Securities by a Director and an Associate of a Director

Dealings in Securities by a Director and an Associate of a Director

CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND ISIN: ZAE000073128

DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                                         Mr William N Thorndike Jr
Company:                                                  Conduit Capital Limited
Type of securities:                                       Shares
Class of securities:                                      Ordinary
Nature of the transaction:                                Off market sale*
Extent of director’s interest:                            Direct beneficial
Date of transaction:                                      1 December 2018
Price per security:                                       R1.57
Number of securities:                                     4 320 000
Total value:                                              R6 782 400.00
Clearance to deal obtained:                               No

Name of director:                                         Mr William N Thorndike Jr
Company:                                                  Conduit Capital Limited
Name of associate:                                        Sun Mountain Fund LP
Relationship of director to associate:                    Limited Partner; also a Member of Sun Mountain
                                                          Partners, LLC, which is the General Partner of Sun
                                                          Mountain Fund, LP
Type of securities:                                       Shares
Class of securities:                                      Ordinary
Nature of the transaction:                                Off market purchase*
Extent of director’s interest:                            Indirect beneficial
Date of transaction:                                      1 December 2018
Price per security:                                       R1.57
Number of securities:                                     4 320 000
Total value:                                              R6 782 400.00

*The detailed nature of the transaction is a contribution in kind to a limited partnership by Mr William N
Thorndike Jr.

Johannesburg
5 February 2019

Sponsor
Merchantec Capital

Date: 05/02/2019 05:49:00 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.