MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are advised of the following information relating to dealing in securities by a director of major subsidiaries of MiX Telematics pursuant to the exercise of share options under the MiX Telematics Group Executive Incentive Scheme (“the Scheme”):
Name of director: | Patrick Fitzgerald | |||||||
Name of subsidiary companies: |
MiX Telematics Africa Proprietary Limited and MiX Telematics International Proprietary Limited |
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Transaction date: | 10 February 2016 | |||||||
Class of securities: | Ordinary shares | |||||||
Number of securities: | 250 000 | |||||||
Price per security: | R1.12 | |||||||
Total value: | R280 000.00 | |||||||
Nature of transaction: | Off-market exercise of share options under the Scheme | |||||||
Nature and extent of director’s interest: | Direct beneficial | |||||||
Clearance to deal received: | Yes | |||||||
About MiX Telematics Limited
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in more than 120 countries. The Company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency, risk and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia, Romania, Thailand and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and MiX Telematics American Depositary Shares are listed on the New York Stock Exchange (NYSE: MIXT). For more information visit www.mixtelematics.com.