Enhanced Investments - Financial Portal

Dealings in securities by executive directors

Published: 2023-11-22 18:45:26 ET

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/006415/06)
ISIN: ZAE000026480
JSE and A2X Share Code: REM

DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Name of director               : Mr J J Durand
Company                        : Remgro Limited
Nature of transactions         : Off market exercise of share
                                 appreciation rights (SARs) and
                                 rights with performance
                                 conditions to ordinary shares
                                 under the Share Appreciation
                                 Rights Plan (Performance SARs),
                                 as well as the subsequent on
                                 market sale of ordinary shares

Date of exercise of SARs       : 16 November 2023
Number and offer price of      : 271 258 @ R90.97
SARs exercised                   132 309 @ R114.92
Exercise price                 : R151.11
Total growth value of          : R21 101 907.06
exercise
Number of ordinary shares      : 139 646
received in respect of SARs
exercised


Date of exercise of            : 16 November 2023
Performance SARs
Percentage of awards vested    : 71% at 5 December 2022
Number and offer price of      : 55 719 @ R89.21
Performance SARs exercised
Exercise price                 : R145.39
Total growth value of          : R3 130 392.09
exercise
Number of ordinary shares      : 21 531
received in respect of
Performance SARs exercised

Date of sale of ordinary       : 16 November 2023
shares
Number of ordinary shares      : 161 177
sold
Volume weighted average        : R144.20 per share
selling price
Highest price                  : R148.19 per share
Lowest price                   : R141.00 per share
Total value of ordinary        : R23 241 723.40
shares sold
Class of security              : Ordinary shares
Nature of interest               : Direct beneficial
Clearance obtained               : Yes


Name of director                 : Ms M Lubbe
Company                          : Remgro Limited
Nature of transactions           : Off market exercise of share
                                   appreciation rights (SARs), as
                                   well as the subsequent on
                                   market sale of ordinary shares

Date of exercise of SARs         : 16 November 2023
Number and offer price of        : 13 961 @ R90.97
SARs exercised
Exercise price                   : R151.11
Total growth value of            : R839 718.27
exercise
Number of ordinary shares        : 5 557
received in respect of SARs
exercised

Date of sale of ordinary         : 16 November 2023
shares
Number of ordinary shares        : 5 557
sold
Volume weighted average          : R141.42 per share
selling price
Highest price                    : R141.53 per share
Lowest price                     : R141.40 per share
Total   value    of   ordinary   : R785 870.94
shares sold
Class of security                : Ordinary shares

Nature of interest               : Direct beneficial
Clearance obtained               : Yes


Name of director                 : Mr N J Williams
Company                          : Remgro Limited
Nature of transactions           : Off market exercise of share
                                   appreciation rights (SARs), as
                                   well as the subsequent on
                                   market sale of ordinary shares
                                   to settle tax obligations

Date of exercise of SARs         : 16 November 2023
Number and offer price of        : 81 901 @ R90.97
SARs exercised
Exercise price                   : R151.11
Total growth value of            : R4 925 581.56
exercise
Number of ordinary shares        : 32 596
received in respect of SARs
exercised
Date of sale of ordinary         : 17 November 2023
shares
Number of ordinary shares        : 15 663
sold
Volume weighted average          : R142.97 per share
selling price
Highest price                    : R143.87 per share
Lowest price                     : R142.00 per share
Total   value    of   ordinary   : R2 239 339.11
shares sold
Class of security                : Ordinary shares

Nature of interest               : Direct beneficial
Clearance obtained               : Yes

Stellenbosch
22 November 2023

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.