Dealing in securities by associates of directors Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/011858/06 ISIN code: NA0009123481 JSE share code: NCS (“Nictus” or the “Company”) DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), Nictus hereby advises its shareholders of the following transaction in securities by associates of directors of the Company: Names of directors: NC Tromp and PJ de W Tromp Associates: PC Trust (registration number T154/01), a trust of which Messrs NC Tromp and PJ de W Tromp are trustees, but not beneficiaries, and PC Investment Holdings (Pty) Ltd (registration number 2019/072333/07), a company wholly owned by PC Trust, and of which Mr PJ de W Tromp is a director Nature of transaction: PC Trust sold Nictus shares to PC Investment Holdings (Pty) Ltd Class of securities: Ordinary shares Date of transaction: 14 February 2020 Number of ordinary shares: 4,070,109 Price per ordinary price: R0.60 Total value of transaction: R2,442,065.40 Transaction completed: Off-market Nature and extent of interest: Indirect, non-beneficial Clearance received in terms of paragraph 3.66 of the Listings Requirements: Yes Randburg 17 February 2020 Sponsor One Capital Date: 17-02-2020 09:40:00 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.