ITALTILE LIMITED - Dealings in Securities by Directors

Dealings in Securities by Directors

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


Director:                                 Mr GAM Ravazzotti
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Sale of shares off-market to Rallen Proprietary Limited, an entity
                                          in which Mr Ravazzotti has an effective 59.9975% interest
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      3 September 2019
Number of securities:                     7 186 731
Price per security                        R14.30
Total value:                              R102 770 253.30


Director:                                 Jan Potgieter
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Off market award of shares under the Share Appreciation Rights
                                          Scheme
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities:                     371 982
Price per security:                       R13.27
Total value:                              R4 936 201.14



Director:                                 Brandon Wood
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction                     Off market award of shares under the Share Appreciation Rights
                                          Scheme
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities:                     74 396
Price per security:                       R13.27
Total value:                              R987 234.92

Director:                                 Brandon Wood
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Off market disposal of shares for no consideration
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities                      37 198
Price per security:                       R0.00
Deemed price per security:                R13.90
Deemed value:                             R517 052.20


Johannesburg
5 September 2019


Sponsor
Merchantec Capital

Date: 05/09/2019 09:00:00
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