REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
JSE and A2X share code: RLO
(“Reunert” or the “Company”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements, the following transactions by the executive directors, prescribed officer and company
secretary of Reunert (the “Participants”) in terms of Reunert’s Conditional Share Plan 2012 (“the 2012
CSP”) and Reunert 2019 Conditional Share Plan (“the 2019 CSP”), are hereby disclosed.

Vesting of awards

Ordinary shares in the Company (“Shares”) vested in the Participants on 23 November 2023, in respect
of performance awards allocated following the approval by shareholders of the 2019 CSP. In the case
of the company secretary, the units were allocated in 2018, in terms of the retention plan of the 2012
CSP.

The Shares vested as follows:

 Participant                            Number of vested Shares Value of vested Shares based
                                                                    on the Company’s 20-day
                                                                    volume weighted average
                                                                        price (“VWAP”), as at
                                                                 21 November 2023 of R60.12
                                                                                   per Share
 Executive directors
 AE Dickson                                                 69 991                        R4 207 859
 NA Thomson                                                 40 273                        R2 421 213
 M Moodley                                                  21 799                        R1 310 556
 Prescribed officer
 GW Eddey                                                     5 918                         R355 790
 Company secretary
 K Louw                                                       1 750                         R105 210

The nature and extent of the interest of the above Participants is direct beneficial, the Shares vested
off-market and the prescribed clearance to trade was received.

Subsequent sale of vested Shares

In accordance with the normal administrative processes of both the 2012 CSP and the 2019 CSP, the
Participants subsequently disposed of all or a portion of their vested Shares referred to above, on
27 November 2023, on-market, at a price equal to the 20-day VWAP as at 21 November 2023 of R60.12
per Share.
 Participant                               Number of Shares sold                Value of transaction
 Executive directors
 AE Dickson*                                                 32 545                       R1 956 605
 NA Thomson*                                                 18 726                       R1 125 807
 M Moodley                                                   21 799                       R1 310 556
 Prescribed officer
 GW Eddey                                                     5 918                         R355 790
 Company secretary
 K Louw*                                                        813                          R48 878

*Note: Disposal only in settlement of tax obligations and balance of Shares retained.

The nature and extent of the interest of the above Participants is direct beneficial and the prescribed
clearance to trade was received.



Sandton
29 November 2023

Sponsor
One Capital