MASTER DRILLING GROUP LIMITED – Exercise of options in terms of the Master Drilling Share Option Plan

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI
ISIN: ZAE000171948
(“Master Drilling” or the “Company”)
EXERCISE OF OPTIONS IN TERMS OF THE MASTER DRILLING SHARE OPTION PLAN
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
share options were exercised in terms of the Master Drilling Share Option Plan:
Name of director: Mr Daniel Coenraad Pretorius
Designation: Executive Director (CEO)
Date of transaction: 12 May 2017
Class of securities: Options in respect of Ordinary Shares
Option Price: 892 cents per share
Number of Options exercised: 500 000
Total Rand value: R4 460 000
Nature of interest: Direct, Beneficial
Nature and extent of interest in
the transaction:
Clearance obtained:
Acquisition of shares in Master Drilling through
exercise of options (Off-market transaction)
Yes
Fochville
12th May 2017
Sponsor
Investec Bank Limited