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Dealings in securities

Published: 2022-11-29 17:28:29 ET
<<<  go to JSE:RLO company page
REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or the “Company” or the “Group”)

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 directors and the company secretary of Reunert (the
“Participants”) in terms of the Reunert 2019 Conditional Share Plan (“CSP”), are hereby disclosed.

In accordance with the rules of the CSP (“Rules”), the allocation of awards as set out in the table below
was approved on 24 November 2022 by the Company’s Remuneration Committee. The below stated
CSP awards entitle Participants to Reunert ordinary shares (“Shares”) in the future, to the extent that
employment and performance conditions are met over a 4-year and/or 5-year period.

The nature and extent of the interest of Participants is direct beneficial. The following CSP awards were
allocated to the Participants, off-market, and the prescribed clearance to trade was received:

 Participant                        CSP awards – subject to            Indicative transaction value*
                              conditions measured over a 4-         based on the Company’s 20-day
                                  year and/or 5-year period         volume-weighted average price,
                                                                         as at 23 November 2022 of
                                                                                   R46.39 per Share
 Reunert Executive Directors
 AE Dickson                                             261 408                            R12 126 717
 NA Thomson                                             155 598                             R7 218 191
 M Moodley                                               88 237                             R4 093 314
 Group Company Secretary
 K Louw                                                   3 990                               R185 096

* The transaction value relating to the CSP units is only indicative, as vesting is subject to conditions.
The actual transaction values will only be determinable when the CSP awards vest, in accordance with
the Rules, at the end of the relevant period.

Sandton
29 November 2022

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