Vesting Of Rights And Shares In Terms Of The Share Incentive Schemes MOTUS Holdings Limited Incorporated in the Republic of South Africa Registration number: 2017/451730/06 Share code: MTH ISIN: ZAE000261913 (“MOTUS”) VESTING OF RIGHTS AND SHARES IN TERMS OF THE SHARE INCENTIVE SCHEMES WHICH WERE AWARDED IN 2016 IN IMPERIAL HOLDINGS LIMITED (“Imperial Holdings”) During November 2018, Motus was unbundled from Imperial Holdings and listed separately on the Johannesburg Stock Exchange. Motus directors continue to participate in the Imperial Holdings Share Incentive Scheme (“SIS”) awards made prior to unbundling. In compliance with the Listings Requirements of the JSE Limited the following information is provided in relation to the directors of Motus: Vesting on 16 September 2019 of Motus ordinary shares in the Deferred Bonus Plan (“DBP”) at a price of R73.97 per share. Vesting on 19 September 2019 of 87.76% of Share Appreciation Rights (“SAR”), after applying the related peer comparison and ROIC performance conditions, at a strike price of R127.77 per SAR. The gains for participants in terms of the SAR scheme will be determined upon exercising their rights using the combined share price of Motus and Imperial Logistics Limited (“Imperial”) at the time when each participant elects to exercise the vested rights, which may be done within two years after vesting. DBP shares were acquired by scheme participants in 2016 on the open market prior to unbundling at the then ruling Imperial share price. In accordance with the amendments to the SIS approved by shareholders of Imperial on unbundling of Motus, an equal number of matching Imperial and Motus ordinary shares are awarded on vesting at no further cost. Director: OS Arbee Nature and extent of interest in transaction: Direct/beneficial Number of matching Motus DBP shares vested: 54 003 Total value of transaction: R3 994 601.91 Director: O Janse van Rensburg Nature and extent of interest in transaction: Direct/beneficial Number of matching Motus DBP shares vested: 5 421 Total value of transaction: R400 991.37 Number of SAR vested 50 879 Director: K Cassel Nature and extent of interest in transaction: Direct/beneficial Number of SAR vested 76 553 Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained. All trades were done off-market. Company Secretary J Jefferies Bedfordview 20 September 2019 Sponsor: The Standard Bank of South Africa Limited Date: 20/09/2019 12:20:00 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.
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