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 DIRECTORS


Shareholders are referred to the announcement published on 31 August 2023
(“Initial Announcement”), advising the market of Messrs Marani and Mitchell’s (“Directors”)
exercise of options and subsequent disposal of shares to settle tax obligations arising from
such exercise. Due to a miscalculation on the part of JSE Investor Services Proprietary
Limited (“JIS”), further shares of the Directors had to be sold to cover the tax shortfall, which
JIS duly did on 19 and 21 February 2024 (“Disposal”). JIS only notified the Directors of the
Disposal after close of business on 28 February 2024.

In accordance with the JSE Listings Requirements, the following information regarding the
Disposal is disclosed.

1.
 NAME OF DIRECTOR                                  Stefano Marani

 COMPANY OF WHICH A DIRECTOR                       Renergen

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 TYPE AND CLASS OF SECURITIES                      Ordinary shares

 NATURE OF TRANSACTIONS                            Disposal of additional shares in order to
                                                   settle tax obligations arising from the
                                                   exercise of options as set out in the Initial
                                                   Announcement (on-market transactions).

                                                   The exercise and disposal as
                                                   contemplated in the Initial Announcement
                                                   taken together with this additional
                                                   disposal has resulted in a net acquisition
                                                   of 38 006 shares by the director.

 DATES OF TRANSACTIONS                                 (1) 19 February 2024
                                                       (2) 21 February 2024

 PRICE PER SECURITY                                    (1) R10.20
                                                       (2) R10.25

 NUMBER OF SECURITIES TRANSACTED                       (1) 5 010
                                                       (2) 300
 TOTAL RAND VALUE OF SECURITIES                  (1) R51 102.00
 TRANSACTED                                      (2) R3 075.00

 NATURE AND EXTENT OF INTEREST IN            Direct, beneficial
 THE TRANSACTIONS


2.
 NAME OF DIRECTOR                            Nicolas Mitchell

 COMPANY OF WHICH A DIRECTOR                 Renergen

 STATUS: EXECUTIVE/NON-EXECUTIVE             Executive

 TYPE AND CLASS OF SECURITIES                Ordinary shares

 NATURE OF TRANSACTIONS                      Disposal of additional shares in order to
                                             settle tax obligations arising from the
                                             exercise of options as set out in the Initial
                                             Announcement (on-market transactions).

                                             The exercise and disposal as
                                             contemplated in the Initial Announcement
                                             taken together with this additional
                                             disposal has resulted in a net acquisition
                                             of 38 031 shares by the director.

 DATES OF TRANSACTIONS                           (1) 19 February 2024
                                                 (2) 21 February 2024

 PRICE PER SECURITY                              (1) R10.20
                                                 (2) R10.25

 NUMBER OF SECURITIES TRANSACTED                 (1) 5 000
                                                 (2) 285

 TOTAL RAND VALUE OF SECURITIES                  (1) R51 000.00
 TRANSACTED                                      (2) R2 921.25

 NATURE AND EXTENT OF INTEREST IN            Direct, beneficial
 THE TRANSACTIONS


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.

29 February 2024

Designated Advisor
PSG Capital

To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company’s website.

www.renergen.co.za
For all media relations please contact: investorrelations@renergen.co.za
For all US investors and media relations please contact: Georg Venturatos / Jared Gornay –
Gateway Group, (949) 574-3860 Ren@gateway-grp.com