ITALTILE LIMITED - Dealings in Securities by Directors and a Director of a Major Subsidiary
ITE 201709060011A
Dealings in Securities by Directors and a Director of a Major Subsidiary
ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123
DEALINGS IN SECURITIES BY DIRECTORS AND A DIRECTOR OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:
Name of director: Jan Potgieter
Company: Italtile Limited
Nature of transaction: Off market award of shares under the Share Appreciation
Rights Scheme
Class of securities: Ordinary shares
Extent of director’s interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 1 September 2017
Number of securities: 141 257
Price per security: R14.12
Total value: R1 994 548.84
Name of director: Brandon Wood
Company: Italtile Limited
Nature of transaction: Off market award of shares under the Share Appreciation
Rights Scheme
Class of securities: Ordinary shares
Extent of director’s interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 1 September 2017
Number of securities: 28 251
Price per security: R14.12
Total value: R398 904.12
Name of director: Tsundzukani Mhlanga
Italtile Ceramics Proprietary Limited, a major subsidiary of
Company: Italtile Limited
Nature of transaction: Off market grant and acceptance of share appreciation
rights (“SARs”) under the Share Appreciation Rights
Scheme
Class of securities: Ordinary shares
Extent of director’s interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 1 September 2017
Number of securities: 500 000
Price per security: R14.12
Period of exercise: The vesting dates of the SARs are: 25% on 31 August 2020
and 75% on 31 August 2022
Johannesburg
6 September 2017
Sponsor
Merchantec Capital
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