AFRICAN RAINBOW MINERALS LIMITED - Dealings in securities by a Director and the Group Company Secretary and Governance Officer of ARM

Dealings in securities by a Director and the Group Company Secretary and Governance Officer of ARM

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or “the Company”)


Dealings in securities by a Director and the Group Company Secretary
and Governance Officer of ARM


A. Sale of shares

In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements
of the JSE Limited (the “Listings Requirements”), we hereby provide the
following information regarding dealings in ARM securities by an
Executive Director and the Group Company Secretary and Governance
Officer (“Company Secretary”) of ARM:


1. Name of director            Jongisa Magagula
   Category of director        Executive Director for Investor Relations
                               and New Business Development
  Date of transaction          8 April 2021
  Nature of transaction        On-market sale of shares
  Class of securities          Ordinary Shares
  Number of securities         3 791 shares
  Selling price of             R285.00 per share
  securities
  Value of transaction         R1 080 435.00
  Nature of interest           Direct, beneficial
  Clearance obtained           Yes



2. Name of Company Secretary   Alyson Nerene D’Oyley
   Category of executive       Company Secretary
   Date of transaction         8 April 2021
   Nature of transaction       On-market sale of shares
   Class of securities         Ordinary Shares
   Number of securities        9 000 shares
   Selling price of            R285.00 per share
   securities
   Value of transaction        R2 565 000.00
   Nature of interest          Direct, beneficial
   Clearance obtained          Yes
B. Exercise of share options

In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements,
we hereby provide the following information regarding the exercise of
share options by an Executive Director of ARM:

In terms of the ARM Share Incentive Scheme the share options described
below will expire on 29 October 2021, if not exercised by this date.


Name of director               Jongisa Magagula
Category of director           Executive Director for Investor Relations
                               and New Business Development
Date of transaction            8 April 2021
Nature of transaction          Exercise of share options settled by on-
                               market sale of shares
Class of securities            Ordinary Shares
Offer Price                    2 244 options at R200.75 per share option;
                               granted on 29 October 2013 and vested on
                               30 October 2016
Number of securities           2 244
Market price of securities     R285.00 per share
Total market value of          R639 540.00
securities
Nature of interest             Direct, beneficial
Clearance obtained             Yes


The requisite clearances and approvals for these transactions have been
obtained in compliance with the securities dealing policies and
procedures of ARM and paragraph 3.66 of the Listings Requirements.



Sandton
12 April 2021

Sponsor to ARM:
Investec Bank Limited

Date: 12-04-2021 05:29:00
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