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

Release Date: 23/09/2019 17:30
Code(s): MIX     PDF:  
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Dealings in securities by a director of a major subsidiary 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 A MAJOR SUBSIDIARY OF MIX TELEMATICS


Shareholders are advised of the following information relating to dealings in securities by a director of a major subsidiary
of MiX Telematics relating to the exercise of share appreciation rights (“SARs”) under the MiX Telematics Limited
Long-Term Incentive Plan (“LTIP”).

Pursuant to the SENS announcement published on September 13, 2019, shareholders are advised that Catherine Lewis
had exercised 1 118 750 SARs granted to her under the LTIP and that the intention was to sell 597 838 of the resultant
shares issued to her (equivalent to 23 914 American Depositary Shares (“ADSs”)*) in respect of these SARs (in part to
cover the immediate tax obligation arising from the exercise) and that she will retain the remaining 100 000 resultant
shares issued (equivalent to 4 000 ADSs). Shareholders are accordingly advised that following the sale set out hereunder,
the sale of the 597 838 shares has been concluded. Lewis has increased her shareholding in MiX Telematics by 100 000
ordinary shares bringing the total ordinary shares owned by herself to 1 624 500 ordinary shares (equivalent to 64 980
ADSs).

 Name of director:                                  Catherine Lewis
 Name of subsidiary company:                        MiX Telematics International Proprietary Limited
 Transaction date:                                  September 18, 2019
 Class of securities:                               Ordinary shares
 Number of securities:                              213 820 (equivalent to 8 553 ADSs)
 Price per security:                                R8.00
 Total value:                                       R1 710 560.00
 Nature of transaction:                             On-market sale
 Nature and extent of director’s interest:          Direct beneficial
 Clearance to deal received:                        Yes

 Name of director:                                  Catherine Lewis
 Name of subsidiary company:                        MiX Telematics International Proprietary Limited
 Transaction date:                                  September 19, 2019
 Class of securities:                               Ordinary shares
 Number of securities:                              384 018 (equivalent to 15 361 ADSs)
 Highest traded price of the day:                   R8.17
 Weighted average price per security:               R7.90250
 Lowest traded price of the day:                    R7.71
 Total value:                                       R3 034 702.25
 Nature of transaction:                             On-market sale
 Nature and extent of director’s interest:          Direct beneficial
 Clearance to deal received:                        Yes
 * One ADS represents 25 ordinary shares.

September 23, 2019


Sponsor

Java Capital

Date: 23/09/2019 05:30:00
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