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”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 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 “Participants”) are hereby disclosed.

Sale of ordinary shares pursuant to Reunert’s Conditional Share Plan 2012 (“Previous CSP”)

Shareholders are referred to the announcement published on SENS on 25 November 2020 regarding
the vesting of units allocated to the Participants in 2015 and 2016 and are hereby advised of the below
subsequent disposals of ordinary shares by Participants in accordance with the normal administrative
processes of the Previous CSP, wholly or partially in settlement of tax obligations, on
27 November 2020, on-market, at a price equal to the 20-day volume weighted average price (“VWAP”)
of R36.90 per ordinary share:

          Participant                    Number of ordinary shares             Value of transaction
                                                   sold
 Executive directors of the Company
 AE Dickson                                               12 496                        R461 102.40
 M Moodley                                                 3 793                        R139 961.70
 NA Thomson                                                6 853                        R252 875.70
 Director of Quince Capital
 P Capa                                                      912                         R33 652.80
 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.

Sale of unrestricted ordinary shares pursuant to Reunert’s 2016 Deferred Bonus Plan (“DBP”)

Ordinary shares, held by Participants as restricted shares in terms of the DBP, became unrestricted on
24 November 2020. As indicated in the table below, certain Participants subsequently disposed of all
or a portion of these unrestricted shares in accordance with the normal administrative processes of the
DBP, wholly or partially in settlement of tax obligations, on 27 November 2020, on-market, at a price
equal to the 20-day VWAP of R36.90 per ordinary share:

       Participant            Number of unrestricted       Number of ordinary        Value of transaction
                                    shares                   shares sold
 Executive directors of the Company
 AE Dickson                                  22 601                     6 781               R250 218.90
 M Moodley                                   22 908                    10 652               R393 058.80
 NA Thomson                                  33 803                    15 718               R579 994.20
 Company Secretary
 K Louw                                       3 695                     3 695               R136 345.50

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

Sandton
1 December 2020

Sponsor
One Capital

Date: 01-12-2020 05:15:00
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