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Dealings in securities by a director of Merafe

Buy Merafe Resources Stocks
Published: 2022-08-10 09:31:17 ET
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MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)

 DEALING IN SECURITIES BY A DIRECTOR OF MERAFE

 In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements of the JSE Limited, the
 following information is provided:

 Vesting of shares in terms of the Share Incentive Scheme (“Scheme”)

 In terms of the Scheme, the following grant shares vested on 6 August 2022. The Company has the
 right, at its election, either to issue new Merafe ordinary shares or settle in cash. The Company has
 opted to settle the respective grant shares in cash.

Name of director:                                  Ditabe Chocho (Financial Director of          the
                                                   Company)
Date of transaction:                               6 August 2022
Class of security:                                 Ordinary shares
Nature of transaction:                             Vesting of shares in terms of the Scheme
Number of shares vested:                           104 167
Issue price per share:                             Nil
Strike price per share:                            R1.44
Total value of transaction:                        R150 000
Transaction completed:                             Off market
Nature and extent of director's interest in the    Direct beneficial
transaction:
Clearance obtained:                                Yes



 Sandton
 10 August 2022

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