Deneb Investments Limited (JSE:DNB) News - Acceptance of Options Granted in terms of the Deneb Investments Employee Share Scheme and Dealings in Shares by a Di DENEB INVESTMENTS LIMITED Registration number: 2013/091290/06 (Incorporated in the Republic of South Africa) JSE share code: DNB ISIN: ZAE000197398 (“Deneb” or the “Company”) ACCEPTANCE OF OPTIONS GRANTED IN TERMS OF THE DENEB INVESTMENTS EMPLOYEE SHARE SCHEME AND DEALINGS IN SHARES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: ACCEPTANCE OF OPTIONS 1. NAME OF DIRECTOR S A Queen COMPANY OF WHICH I AM A DIRECTOR Deneb STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Options to subscribe for ordinary shares CLASS OF SECURITIES Ordinary DATE OF SHARE OPTION ACCEPTANCE 28 June 2021 OPTION STRIKE PRICE (CENTS) 163 NUMBER OF OPTIONS ALLOCATED 1,846,187 TOTAL RAND VALUE OF OPTIONS R3,009,284.81 VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the following dates: 10% from 28 June 2022 20% from 28 June 2023 30% from 28 June 2024 40% from 28 June 2025 PERIOD OF EXERCISE 5 years from grant of options NATURE AND EXTENT OF INTEREST IN Direct, beneficial TRANSACTION NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares in terms of a share incentive scheme (off-market transaction) CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR G D T Wege COMPANY OF WHICH I AM A DIRECTOR Deneb STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Options to subscribe for ordinary shares CLASS OF SECURITIES Ordinary DATE OF SHARE OPTION ACCEPTANCE 28 June 2021 OPTION STRIKE PRICE (CENTS) 163 NUMBER OF OPTIONS ALLOCATED 991,868 TOTAL RAND VALUE OF OPTIONS R1,616,744.84 VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the following dates: 10% from 28 June 2022 20% from 28 June 2023 30% from 28 June 2024 40% from 28 June 2025 PERIOD OF EXERCISE 5 years from grant of options NATURE AND EXTENT OF INTEREST IN Direct, beneficial TRANSACTION NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares in terms of a share incentive scheme (off-market transaction) CLEARANCE OBTAINED Yes DEALINGS IN SHARES BY A DIRECTOR NAME OF DIRECTOR S A Queen COMPANY OF WHICH A DIRECTOR Deneb Investments Limited STATUS: EXECUTIVE / NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTIONS Purchase of shares by director (1) - (2) (on-market transactions) DATES OF TRANSACTIONS 24 June 2021 (1) 25 June 2021 (2) PRICE PER SECURITY (CENTS) 166 (1) High:190 (2) Low: 188 Average: 189.71 NUMBER OF SECURITIES TRANSACTED 300 (1) 11 716 (2) TOTAL RAND VALUE OF SECURITIES R 498.00 (1) TRANSACTED R 22 226.40 (2) NATURE AND EXTENT OF INTEREST IN Direct, beneficial (1) - (2) THE TRANSACTIONS Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 28 June 2021 Sponsor PSG Capital Date: 28-06-2021 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.