SYGNIA LIMITED - Dealings in Securities

Dealings in Securities

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
(“Sygnia”)

DEALINGS IN SECURITIES


In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

Dealings by director

Director :                       Ms Magda Wierzycka
Company:                         Sygnia Limited
Class of shares:                 Sygnia ordinary shares
Nature of Interest:              Direct beneficial
Written clearance to deal:       Yes

Nature of transaction:           Off-market exercise of share options and issue and allotment of Sygnia
                                 shares in terms of the Sygnia Limited Employee Share Option Scheme
Transaction date:                22 December 2020 (allotment of shares)
Number of options exercised:     300 000
Option strike price:             R14.96
Transaction value:               R4 488 000

Nature of transaction:           (i) On-market sale of shares acquired via exercise of share options to
                                 cover settlement of option strike price, as part of a block sale of shares
                                 in terms of the Sygnia Limited Employee Share Option Scheme; and
                                 (ii) off-market net equity settlement of remaining shares
Trade dates:                     24 December 2020 to 29 December 2020
Number of shares sold:           230 393
VWAP per share:                  R19.48
Highest price per share:         R20.13
Lowest price per share:          R19.30
Transaction value:               R4 488 055.64
Number of shares retained        69 607
via net equity settlement:


Cape Town
31 December 2020

Sponsor:
The Standard Bank of South Africa Limited

Date: 31-12-2020 12:35:00
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