ITALTILE LIMITED - Dealings in Securities by Directors and a Director of a Major Subsidiary

Dealings in Securities by Directors and a Director of a Major Subsidiary

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE  ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS AND A DIRECTOR OF A OF MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Date of transaction:                               30 August 2024
Nature of transaction:                             Off market acceptance of Units (with each Unit being
                                                   linked to one Italtile Limited ("Italtile") ordinary share held
                                                   by, and registered in the name of, the Italtile Retention
                                                   Scheme Trust ("Trust Share")) in terms of the Italtile
                                                   Retention Scheme.
Class of underlying security to which rights
attach:                                            Ordinary shares
Vesting period:                                    Units will vest on the fifth anniversary of the acceptance
                                                   of their award, subject to the achievement of certain
                                                   performance criteria over the intervening period, and
                                                   will, for no consideration, be replaced with such number
                                                   of Trust Shares as are linked to the Units.
Clearance to deal:                                 Yes


Name of director:                                  Lance Foxcroft
Company:                                           Italtile Limited
Number of Units awarded:                           1 500 000
Unit award price:                                  R0.00
Deemed unit award price:                           R12.50
Total deemed value of transaction:                 The total deemed value of the transaction, based on the
                                                   closing price of an Italtile ordinary share on
                                                   29 August 2024 of R12.50 is R18 750 000.00
Extent of director's interest:                     Direct beneficial


Name of director:                                  Lamar Booysen
Company:                                           Italtile Limited
Number of Units awarded:                           1 000 000
Unit award price:                                  R0.00
Deemed unit award price:                           R12.50
Total deemed value of transaction:                 The total deemed value of the transaction, based on the
                                                   closing price of an Italtile ordinary share on
                                                   29 August 2024 of R12.50 is R12 500 000.00
Extent of director's interest:                     Direct beneficial


Name of director:                                  Brandon Wood
Company:                                           Italtile Limited
Number of Units awarded:                           1 000 000
Unit award price:                                  R0.00
Deemed unit award price:                           R12.50
Total deemed value of transaction:                 The total deemed value of the transaction, based on the
                                                   closing price of an Italtile ordinary share on
                                                   29 August 2024 of R12.50 is R12 500 000.00
Extent of director's interest:                     Direct beneficial


Name of director:                                  Gerard Maartens
Company:                                           Ceramic Industries Proprietary Limited, a major
                                                   subsidiary of Italtile Limited
Number of Units awarded:                           1 500 000
Unit award price:                                  R0.00
Deemed unit award price:                           R12.50
Total deemed value of transaction:                 The total deemed value of the transaction, based on the
                                                   closing price of an Italtile ordinary share on
                                                   29 August 2024 of R12.50 is R18 750 000.00
Extent of director's interest:                     Direct beneficial


Johannesburg
3 September 2024

Sponsor
Merchantec Capital

Date: 03-09-2024 07:15:00
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