MIX TELEMATICS LIMITED - Dealings in securities by a director of a major subsidiary of MiX Telematics

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 advised of the following information relating to dealings in securities by a director of a major 
subsidiary of MiX Telematics relating to the exercise of share appreciation rights ("SARs") under the MiX Telematics 
Limited Long-Term Incentive Plan ("LTIP").

Catherine Lewis is exercising 1 118 750 SARs granted to her under the LTIP as set out in the table below. Lewis'
intention is to sell 597 838 of the shares issued to her in respect of these SARs (in part to cover the immediate tax
obligation arising from the exercise) and she will retain the remaining 100 000 shares issued. Accordingly, at the
conclusion of this transaction, Lewis will have increased her current shareholding in MiX Telematics by 100 000
ordinary shares bringing the total ordinary shares owned by herself to 1 624 500 ordinary shares.

Name of director:                                     Catherine Lewis
Name of subsidiary company:                           MiX Telematics International Proprietary Limited
Transaction date:                                     September 12, 2019
Class of securities:                                  Ordinary shares issued to settle gain from SARS exercised
Nature of transaction:                                Off-market exercise of SARs under the LTIP
Nature and extent of director's interest:             Direct beneficial
Clearance to deal received:                           Yes

SARS exercised:

Award date                      Number          Award        Exercise         Total gain on      Ordinary shares
                             exercised          price           price                  SARs               issued
31 August 2015                 375 000          R3.13           R8.50            R2 013 751              236 912
30 May 2016                    250 000          R2.94           R8.50            R1 389 997              163 529
24 November 2016               218 750          R3.28           R8.50            R1 141 873              134 338
30 May 2017                    275 000          R3.46           R8.50            R1 386 002              163 059
                             1 118 750                                           R5 931 623              697 838

September 13, 2019

Sponsor
Java Capital

Date: 13/09/2019 05:45:00
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