REUNERT LIMITED - Dealings in securities

Dealings in securities

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or the “Company” of the “Group”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following transactions by directors of Reunert, the company secretary and a director
of a major subsidiary of the Company (collectively or individually, the “Participant(s)”) are hereby
disclosed.

Vesting of units in terms of Reunert’s Conditional Share Plan 2012 (“Previous CSP”)

Ordinary shares in the Company (“Shares”) vested in the Participants on 24 November 2020, in respect
of the Previous CSP units that were allocated to the Participants in 2015 and 2016, as part of the
retention plan, or in 2016, as part of the performance plan:

 Participant                                 Number of vested Shares         Value of vested Shares based
                                                                                  on the Company’s 20-day
                                                                                  VWAP, as at 23 November
                                                                                 2020 of R36,90 per share
 
 Executive directors of the Company
 AE Dickson                                                   41 654                        R1 537 032,60
 M Moodley                                                     8 157                          R300 993,30
 NA Thomson                                                   14 738                          R543 832,20
 
 Director of Quince Capital
 P Capa                                                        1 963                           R72 434,70
 
 Company Secretary
 K Louw                                                        3 958                          R146 050,20

The nature of the interest of the above Participants is direct beneficial and they received the prescribed
clearance to trade.

Dealings in securities – Director of major subsidiary

Shareholders are referred to the announcement of directors’ dealings in securities published on SENS
on 30 September 2020 regarding awards made in terms of the Reunert 2019 Conditional Share Plan
(“CSP”), (the “Announcement”).

As indicated on 30 September 2020, in accordance with the rules of the CSP (“Rules”), the allocation
of awards was approved on 28 September 2020, on behalf of the Company’s Remuneration Committee
(“CSP Awards”). The Announcement did not include information regarding the allocation of a CSP
Award to a director of a major subsidiary. The below stated CSP Award entitles the Participant to Shares
in the future, provided that the Participant remains with the Group.

The nature and extent of the interest of the Participant is direct beneficial. The following CSP Award
was allocated to the Participant, off-market, and the prescribed clearance to trade was received:

                             CSP units – subject to remaining             Indicative transaction value*,
                                  with the Group: 50% vesting              based on the Company’s 20-day
                                after 4 years and 50% after 5              VWAP, as at 25 September 2020
                                                        years                       at R31.60 per share*
 
 Director of Quince Capital
 P Capa                                                 2 000                                    R63 200

* The transaction value relating to the CSP Award is only indicative. The actual transaction value will
only be determinable when the CSP Award vests, in accordance with the Rules, at the end of the four
and five year period.



Sandton
25 November 2020

Sponsor
One Capital

Date: 25-11-2020 05:15:00
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