RAND MERCHANT INVESTMENT HOLDINGS LIMITED - Dealing in securities by a director

Dealing in securities by a director

Rand Merchant Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2010/005770/06)
ISIN: ZAE000210688
JSE ordinary share code: RMI
(“RMI”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director                    :   HL Bosman
Company                     :   RMI
Date of transaction         :   17 March 2020
Nature of transaction       :   Off-market acquisition of RMI
                                call options
Class and number of         :   Call options on 250 000 RMI
securities                      ordinary shares
Delta reference             :   2 182.2 cents per share
Notional amount             :   R5 455 500
Strike price                :   2 400.42 cents per share
Premium paid                :   R1 396 000
Expiry date                 :   17 March 2022
Nature of interest          :   Indirect beneficial
Clearance obtained          :   Yes

Sandton
19 March 2020

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 19-03-2020 03:13:00
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