Director/PDMR Shareholding

Name of associate:

Millicent Limited

Name of director and relationship to director:

Patsy Watson, who is a discretionary beneficiary of the Swallow Trust which has a beneficial interest in Millicent Limited

Transaction date:

11 March 2019

Class of securities:

Ordinary shares

Number of securities:

116,500

Price per security:

GBP 1.1325

Total value:

GBP 131,936.25

Nature of transaction:

On-market sale on the London Stock Exchange ("LSE")

Nature and extent of director's interest:

Indirect beneficial

Name of director of major subsidiaries:

Neil Marais

Name of major subsidiaries:

Stenprop (UK) Limited and Stenprop (Germany) Limited

Transaction date:

11 March 2019

Class of securities:

Ordinary shares

Number of securities:

8,045

Price per security:

GBP 1.1325

Total Value:

GBP 9,110.96

Nature of transaction:

Nature and extent of director's interest:

Clearance to deal received:

On-market sale on the LSE

Direct beneficial

Yes

Stenprop Limited

Paul ArensonPatsy WatsonJulian Carey

+44(0)20 3918 6600

Numis Securities Limited (Financial Adviser)

Hugh JonathanVicki Paine

+44(0)20 7260 1000

JSE Sponsor

Java Capital Trustees and Sponsors Proprietary Limited

+ 27 (0) 11 722 3050