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Dealings In Shares By Directors
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")
DEALINGS IN SHARES BY DIRECTORS
Shareholders are referred to the announcement published on 31 August 2023
("Initial Announcement"), advising the market of Messrs Marani and Mitchell's ("Directors")
exercise of options and subsequent disposal of shares to settle tax obligations arising from
such exercise. Due to a miscalculation on the part of JSE Investor Services Proprietary
Limited ("JIS"), further shares of the Directors had to be sold to cover the tax shortfall, which
JIS duly did on 19 and 21 February 2024 ("Disposal"). JIS only notified the Directors of the
Disposal after close of business on 28 February 2024.
In accordance with the JSE Listings Requirements, the following information regarding the
Disposal is disclosed.
1.
NAME OF DIRECTOR Stefano Marani
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTIONS Disposal of additional shares in order to
settle tax obligations arising from the
exercise of options as set out in the Initial
Announcement (on-market transactions).
The exercise and disposal as
contemplated in the Initial Announcement
taken together with this additional
disposal has resulted in a net acquisition
of 38 006 shares by the director.
DATES OF TRANSACTIONS (1) 19 February 2024
(2) 21 February 2024
PRICE PER SECURITY (1) R10.20
(2) R10.25
NUMBER OF SECURITIES TRANSACTED (1) 5 010
(2) 300
TOTAL RAND VALUE OF SECURITIES (1) R51 102.00
TRANSACTED (2) R3 075.00
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
2.
NAME OF DIRECTOR Nicolas Mitchell
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTIONS Disposal of additional shares in order to
settle tax obligations arising from the
exercise of options as set out in the Initial
Announcement (on-market transactions).
The exercise and disposal as
contemplated in the Initial Announcement
taken together with this additional
disposal has resulted in a net acquisition
of 38 031 shares by the director.
DATES OF TRANSACTIONS (1) 19 February 2024
(2) 21 February 2024
PRICE PER SECURITY (1) R10.20
(2) R10.25
NUMBER OF SECURITIES TRANSACTED (1) 5 000
(2) 285
TOTAL RAND VALUE OF SECURITIES (1) R51 000.00
TRANSACTED (2) R2 921.25
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.
29 February 2024
Designated Advisor
PSG Capital
To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company's website.
www.renergen.co.za
For all media relations please contact: investorrelations@renergen.co.za
For all US investors and media relations please contact: Georg Venturatos / Jared Gornay –
Gateway Group, (949) 574-3860 Ren@gateway-grp.com
Date: 29-02-2024 07:06:00
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