CALGRO M3 HOLDINGS LIMITED - Dealings In Securities by a Director

Dealings In Securities by a Director

CALGRO M3 HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2005/027663/06)
Share code: CGR       ISIN: ZAE000109203
(“Calgro M3” or “the Company” or “the Group”)

DEALINGS IN SECURITIES BY A DIRECTOR
As reported in the Company’s trading update published on 18 October
2018 and in the Company’s unaudited condensed consolidated interim
results published on 22 October 2018, the Board, in conjunction
with the participants therein, have resolved to cancel the
Company’s Executive Share Incentive Scheme (“the Scheme”).

In terms of the provisions of the cancellation agreements concluded
with the participants of the Scheme, Calgro M3 Developments
Limited, a wholly owned subsidiary of the Company, has repurchased
7 771 758 shares (“the Scheme Shares”) from participants of the
Scheme at the initial issue price of the Scheme Shares of R4.08 per
share.

Calgro M3 Developments Limited will hold the repurchased Scheme
Shares in treasury until further directions are given by the
shareholders at the Company's next general meeting in 2019.

Accordingly, in accordance with the requirements of paragraph 3.63
to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following dealings in securities by directors
should be noted:


Name of company              :     Calgro M3 Holdings Limited
Name of director             :     Willem Jakobus Lategan
Class of securities          :     Ordinary shares in Calgro M3
Nature of transactions       :     An off-market sale of shares
                                   by Willem Jakobus Lategan to
                                   Calgro M3 Developments Limited


Nature of interests          :     Direct beneficial
Date of transaction          :     31 October 2018
No of shares                 :     2 294 214
Transaction price            :     R4.08 per share
Total value of transaction   :     R9 360 393.12
Name of company              :     Calgro M3 Holdings Limited
Name of director             :     Wayne Williams
Class of securities          :     Ordinary shares in Calgro M3
Nature of transactions       :     An off-market sale of shares
                                   by Wayne Williams to Calgro M3
                                   Developments Limited


Nature of interests          :   Direct beneficial
Date of transaction          :   31 October 2018
No of shares                 :   1 084 815
Transaction price            :   R4.08 per share
Total value of transaction   :   R4 426 045.20


Name of company              :   Calgro M3 Holdings Limited
Name of director             :   Willem Adolph Joubert
Class of securities          :   Ordinary shares in Calgro M3
Nature of transactions       :   An off-market sale of shares
                                 by Willem Adolph Joubert to
                                 Calgro M3 Developments Limited


Nature of interests          :   Direct beneficial
Date of transaction          :   31 October 2018
No of shares                 :   952 562
Transaction price            :   R4.08 per share
Total value of transaction   :   R3 886 452.96


Name of company              :   Calgro M3 Holdings Limited
Name of director             :   Manda Njongonkulu Nkuhlu
Class of securities          :   Ordinary shares in Calgro M3
Nature of transactions       :   An off-market sale of shares
                                 by Manda Njongonkulu Nkuhlu
                                 to Calgro M3 Developments
                                 Limited


Nature of interests          :   Direct beneficial
Date of transaction          :   31 October 2018
No of shares                 :   2 046 421
Transaction price            :   R4.08 per share
Total value of transaction   :   R8 349 397.68



Clearance to trade has been obtained in terms of section 3.66 of
the Listings Requirements.


Johannesburg
2 November 2018


Sponsor
Grindrod Bank Limited

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