3db7e018-38f5-47c5-ae2b-bbd3cf9ea521.pdf

VUNANI LIMITED

(Incorporated in the Republic of South Africa) (Registration number 1997/020641/06)

JSE code: VUN ISIN: ZAE000163382

("Vunani" or "the company")


DEALINGS IN SECURITIES BY DIRECTORS


In compliance with paragraphs 3.63 to 3.64 of the Listings Requirements of JSE Limited ("Listings Requirements"), the following dealings took place by directors of Vunani Limited:


Name of director EG Dube

Date of acceptance of award: 29 February 2016

Type of transaction: Acceptance of performance shares awarded in

terms of the share scheme approved by shareholders on 21 July 2015*

Nature of interest: Direct Number of ordinary shares: 405 655

Price: 160 cents

Value of transaction: R649 048


Name of director M Anderson

Date of acceptance of award: 29 February 2016

Type of transaction: Acceptance of performance shares awarded in

terms of the share scheme approved by shareholders on 21 July 2015*

Nature of interest: Direct Number of ordinary shares: 273 314

Price: 160 cents

Value of transaction: R437 302.40


Name of director B Khoza

Date of acceptance of award: 29 February 2016

Type of transaction: Acceptance of performance shares awarded in

terms of the share scheme approved by shareholders on 21 July 2015*

Nature of interest: Direct Number of ordinary shares: 273 314

Price: 160 cents

Value of transaction: R437 302.40


Name of director A Judin

Date of acceptance of award: 29 February 2016

Type of transaction: Acceptance of performance shares awarded in

terms of the share scheme approved by shareholders on 21 July 2015*

Nature of interest: Direct Number of ordinary shares: 167 717

Price: 160 cents

Value of transaction: R268 347.20


* The shares awarded will vest in 3 years if the above individuals are still employed by Vunani Limited or one of its subsidiaries and they meet the performance conditions as specified in their award letters.

Clearance was obtained in terms of paragraph 3.66 of the Listings Requirements and dealing is off-market.


Sandton

1 March 2016


Designated Adviser Grindrod Bank Limited

Vunani Ltd. issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 March 2016 13:30:27 UTC

Original Document: http://www.vunanigroup.co.za/images/Vunani_Limited_-_Dealing_in_Securities_by_directors_-_01_March_2016_2.pdf