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Thu 26 Oct 2017, 12:55 SPANJAARD LIMITED - Dealings in Securities by a Director
SPA 201710260035A
Dealings in Securities by a Director

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code:      SPA    ISIN code:       ZAE000006938


DEALINGS IN SECURITIES BY A DIRECTOR


Release date:                                           26 October 2017

Code:                                                   SPA

In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings
Requirements of the Johannesburg Stock Exchange, the following should be noted:

Director:                                               Montgomery, Bernard Law

Date/s of transaction/s:                                23 October 2017

Price:                                                  310 cents per share

Number of securities:                                   2 175

Total value:                                            R6 742.50

Class of security:                                      Ordinary shares

Nature of transaction:                                  Sale

Nature and extent of interest:                          Direct beneficial

Confirmation of trade                                   On-market

Clearance given in terms
of paragraph 3.66                                       Yes


Sponsor
Arbor Capital Sponsors Proprietary Limited

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