RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")
DEALINGS IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the exercise of options, and subsequent disposal in order to settle tax
obligations arising from the exercise of options, resulting in a net acquisition of 6 712 shares
by the director, is disclosed.
1.
NAME OF DIRECTOR Khalid Patel
COMPANY OF WHICH A DIRECTOR Tetra4 (Pty) Limited
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Exercise of options by the director in terms
of the Renergen Bonus Share Plan
(Off-market transaction)
VESTING DATE AND PERIOD Awards vested on 3 July 2023, being the
date on which the participant satisfied the
employment condition(s) as specified in
the award letter, and, to the extent
applicable, any other conditions imposed.
EXERCISE DATE 4 July 2023
STRIKE PRICE (RAND) R13.54
NUMBER OF OPTIONS EXERCISED 11 474
NUMBER OF SHARES RECEIVED 11 474
TOTAL DEEMED RAND VALUE OF R255 870.20
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R22.30 ON 4 JULY 2023)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Khalid Patel
COMPANY OF WHICH A DIRECTOR Tetra4 (Pty) Limited
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares in order to settle tax
obligations arising from the exercise of
options as set out above, resulting in a net
acquisition of 6 712 shares by the director
(on-market transaction)
DATE OF TRANSACTION 4 July 2023
PRICE PER SECURITY R22.50
NUMBER OF SECURITIES TRANSACTED 4 762
TOTAL RAND VALUE OF SECURITIES R107 145.00
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.
5 July 2023
Designated Advisor
PSG Capital
www.renergen.co.za