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MIX TELEMATICS LIMITED - Dealings in securities by a director of a major subsidiary of MiX Telematics
2020/09/22 17:45:00Download PDF Stock report
Dealings in securities by a director of a major subsidiary of MiX Telematics MIX TELEMATICS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1995/013858/06) JSE share code: MIX ISIN: ZAE000125316 NYSE share code: MIXT (“MiX Telematics”) DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF MIX TELEMATICS Shareholders are referred to the announcement released on 9 September 2020 wherein shareholders were advised that Catherine Lewis had exercised 1 000 000 share options under the MiX Telematics Group Executive Incentive Scheme and that the intention was to sell 703 413 of these shares to cover primarily the strike price and resultant tax implications of the transaction. At the conclusion of the transaction, Catherine Lewis will have increased her shareholding in MiX Telematics by 296 587 shares, bringing her total shareholding to 1 921 087. Shareholders are accordingly advised that, to date, Catherine Lewis has sold 37 659 shares, which includes the trade detailed below. Name of director: Catherine Lewis Name of subsidiary company: Director of Mix Telematics International Proprietary Limited Transaction date: 17 September 2020 Class of securities: Ordinary shares Number of securities: 18 000 Highest traded price per security on the market on the day: R5.76 Weighted average price per security: R5.7528 Lowest traded price per security on the market on the day: R5.66 Total value: R103 550.40 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 22 September 2020 JSE sponsor Java Capital Date: 22-09-2020 05:45:00 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.