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DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)
EXERCISE OF OPTIONS BY DIRECTOR AND RELATED SETTLEMENT IN TERMS OF
THE DENEB INVESTMENTS EMPLOYEE SHARE SCHEME
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the exercise of options and the related net-equity settlement thereof in
terms of the Deneb Investments Employee Share Scheme is disclosed:
NAME OF DIRECTOR S A Queen
COMPANY OF WHICH A DIRECTOR Deneb Investments Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Exercise of options in terms of the Deneb
Investments Employee Share Scheme and
related net-equity settlement by way of the
award of 346,889 ordinary shares to the
director (off-market transaction)
DATE OF EXERCISE OF OPTIONS 16 June 2023
VESTING DATE OF OPTIONS EXERCISED 10% vested on 18 June 2019
20% vested on 18 June 2020
30% vested on 18 June 2021
40% vested on 18 June 2022
PERIOD OF EXERCISE Participants must exercise options within
5 years from the grant date
OPTION STRIKE PRICE 168 cents
NUMBER OF OPTIONS EXERCISED 1,489,586
TOTAL RAND VALUE OF NET-EQUITY R780,500.25
SETTLED SECURITIES
(based on the 15 June 2023 closing share
price)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Cape Town
19 June 2023
Sponsor
PSG Capital
