| Mon 12 Aug 2019, 17:30 | | MIX TELEMATICS LIMITED - Dealings in securities by directors of MiX and by directors of major subsidiaries of MiX: Share appreciation rights |
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MIX 201908120069A
Dealings in securities by directors of MiX and by directors of major subsidiaries of MiX: Share appreciation rights
MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
("MiX Telematics")
DEALINGS IN SECURITIES BY DIRECTORS OF MIX TELEMATICS AND BY DIRECTORS OF MAJOR SUBSIDIARIES OF MIX TELEMATICS:
SHARE APPRECIATION RIGHTS
Shareholders are advised of the following information relating to the award and off-market acceptance of share
appreciation rights ("SARs") under the MiX Telematics Limited Long-Term Incentive Plan ("LTIP"), the vesting of
which will occur on an annual basis in four equal tranches commencing on August 5, 2021 and will be subject to the
performance condition of the achievement of 10% compounded annual growth in the MiX Telematics share price. The
total value of each award will be determined, for the number of SARs exercised, by calculating the difference between
the award price per SAR and the closing share price on the day before the exercise date.
Name of director: John Granara
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 2 500 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Stefan Joselowitz
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 1 000 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Charles Tasker
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 1 000 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Rory McWilliams
Name of subsidiary company: MiX Telematics International Proprietary Limited
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 200 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Catherine Lewis
Name of subsidiary company: MiX Telematics International Proprietary Limited
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 750 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Gert Pretorius
Name of subsidiary companies: MiX Telematics Africa Proprietary Limited and MiX
Telematics Investments Proprietary Limited
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 750 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Paul Dell
Name of subsidiary companies: MiX Telematics Investments Proprietary Limited and MiX
Telematics International Proprietary Limited
Acceptance date: August 8, 2019
Class of securities: SARs in respect of ordinary shares
Number of securities: SARs awarded in respect of 500 000 ordinary shares
Award price per SAR: R8.35
Nature of transaction: Award of SARs under the LTIP
Nature and extent of directors' interest: Direct beneficial
Clearance to deal received: Yes
August 12, 2019
Sponsor
Java Capital
Date: 12/08/2019 05:30:00
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