SANTOVA LIMITED

(Registration number: 1998/018118/06)

Share code: SNV

ISIN: ZAE000159711

Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

In accordance with the requirements of paragraph 3.63 - 3.74 of the JSE Listings Requirements, shareholders are advised of the following information:

Name of Director:

L Notelovitz

Name of Company:

Santova Logistics Pty Ltd (Australia)

Nature of transaction:

Off market exercise of share options

Date of transaction:

15 August 2022

Class of securities:

Ordinary shares

Nature of interests:

Direct beneficial

Number of options:

300 000

Option grant date:

22 February 2016

Option Strike price:

415 cents per share

Total value:

R1 245 000.00

Nature of transaction:

On-market sale of shares

Date of transaction:

16 August 2022

Class of securities:

Ordinary shares

Nature of interests:

Direct beneficial

Number of shares:

38 143

Trading value:

772 cents per share

Total value:

R 294 463.96

Nature of transaction:

On-market sale of shares

Date of transaction:

17 August 2022

Class of securities:

Ordinary shares

Nature of interests:

Direct beneficial

Number of shares:

343 690

Maximum Price:

770 cents per share

Minimum Price:

750 cents per share

VWAP:

755.07 cents per share

Total value:

R 2 595 100.08

Clearance for this transaction was provided in terms of section 3.66 of the JSE Listings Requirements.

Durban

17 August 2022

Sponsor and Corporate Advisor

River Group

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Santova Limited published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 14:33:09 UTC.