ITALTILE LIMITED - ITE : Dealings in Securities by Directors
ITE : Dealings in Securities by Directors:
ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123
DEALINGS IN SECURITIES BY DIRECTORS
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:
Director: Mr GAM Ravazzotti
Company: Italtile Limited
Class of securities: Italtile ordinary shares
Nature of transaction: Sale of shares off-market to Rallen Proprietary Limited, an entity
in which Mr Ravazzotti has an effective 59.9975% interest
Extent of directors' interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 3 September 2019
Number of securities: 7 186 731
Price per security R14.30
Total value: R102 770 253.30
Director: Jan Potgieter
Company: Italtile Limited
Class of securities: Italtile ordinary shares
Nature of transaction: Off market award of shares under the Share Appreciation Rights
Scheme
Extent of directors' interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 2 September 2019
Number of securities: 371 982
Price per security: R13.27
Total value: R4 936 201.14
Director: Brandon Wood
Company: Italtile Limited
Class of securities: Italtile ordinary shares
Nature of transaction Off market award of shares under the Share Appreciation Rights
Scheme
Extent of directors' interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 2 September 2019
Number of securities: 74 396
Price per security: R13.27
Total value: R987 234.92
Director: Brandon Wood
Company: Italtile Limited
Class of securities: Italtile ordinary shares
Nature of transaction: Off market disposal of shares for no consideration
Extent of directors' interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 2 September 2019
Number of securities 37 198
Price per security: R0.00
Deemed price per security: R13.90
Deemed value: R517 052.20
Johannesburg
5 September 2019
Sponsor
Merchantec Capital
Date: 05/09/2019 09:00:00
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