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REUNERT LIMITED - Dealings in securities

Release Date: 13/12/2023 10:50
Code(s): RLO     PDF:  
Wrap Text
Dealings in securities

(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
JSE and A2X share code: RLO
("Reunert" or the "Company" or the "Group")


In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements, the following transactions by directors, prescribed officers and the company secretary
of Reunert (the "Participants") in terms of the Reunert 2019 Conditional Share Plan ("CSP"), are hereby

In accordance with the rules of the CSP ("Rules"), the allocation of awards as set out in the table below
was approved on 8 December 2023 on behalf of the Company's Remuneration Committee. The below
stated CSP awards entitle Participants to Reunert ordinary shares ("Shares") in the future, to the extent
that employment and performance conditions are met over a 4-year and/or 5-year period.

The nature and extent of the interest of Participants is direct beneficial. The following CSP awards were
allocated to, and accepted by, the Participants, off-market, and the prescribed clearance to trade was

 Participant                          CSP awards – subject to          Indicative transaction value*
                                conditions measured over a 4-          based on the Company's 20-day
                                    year and/or 5-year period         volume-weighted average price,
                                                                     as at 7 December 2023 of R61.52
                                                                                           per Share
 Reunert Executive Directors
 AE Dickson                                           209 656                            R12 898 037
 NA Thomson                                           124 794                             R7 677 327
 M Moodley                                             76 299                             R4 693 914
 Reunert Prescribed Officers
 G de Kock                                             80 462                             R4 950 022
 GW Eddey                                              74 364                             R4 574 873
 T Raman                                               73 572                             R4 526 149
 Group Company Secretary
 K Louw                                                 8 215                               R505 387

* The transaction value relating to the CSP units is indicative only, as vesting is subject to conditions.
The actual transaction values will only be determinable when the CSP awards vest, in accordance with
the Rules, at the end of the relevant period.

13 December 2023

One Capital

Date: 13-12-2023 10:50:00
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