ITALTILE LIMITED - Dealings in Securities by Directors and Intragroup Acquisition of Shares

Dealings in Securities by Directors and Intragroup Acquisition of Shares

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


DEALINGS IN SECURITIES BY DIRECTORS AND INTRAGROUP ACQUISITION OF SHARES


In compliance with paragraphs 3.63 to 3.74 (both inclusive) and 3.99 read with paragraph 5.67(B)(b) of the
Listings Requirements of JSE Limited, the following is disclosed:

Name of director:                            Mr Lance Foxcroft
Company:                                     Italtile
Clearance to deal obtained:                  Yes
Extent of director's interest:               Direct beneficial
Date of transaction:                         14 December 2025
Nature of transaction:                       Off market Redemption of Trust Shares (with each Trust Share
                                             being linked to one Italtile ordinary share held by, and
                                             registered in the name of, the Italtile Retention Scheme Trust
                                             ("Trust Share")) under the Retention Scheme Trust to Mr
                                             Lance Foxcroft.
Number of Trust Shares being
Redeemed:                                    3 000 000
Price per Trust Share:                       R9.1908
Total value of Trust Shares Redeemed:        R27,572,527.24

Date of transaction:                         14 December 2025
Nature of transaction:                       Off market sale of Trust Shares by the Retention Scheme Trust
                                             to Italtile Ceramics Proprietary Limited ("Ceramics") (a member
                                             of the Italtile Group) on behalf of Mr Lance Foxcroft to settle the
                                             tax in respect of the Redemption.
Number of Trust Shares sold:                 1 350 000
30 day volume weighted average price:        R9.1908
Total transaction value:                     R12,407,637.15



Name of director:                            Mr Brandon Wood
Company:                                     Italtile
Clearance to deal obtained:                  Yes
Extent of director's interest:               Direct beneficial
Date of transaction:                         14 December 2025
Nature of transaction:                       Off market Redemption of Trust Shares (with each Trust Share
                                             being linked to one Italtile ordinary share held by, and
                                             registered in the name of, the Italtile Retention Scheme Trust)
                                             under the Retention Scheme Trust to Mr Brandon Wood.
Number of Trust Shares being
Redeemed:                                    1 000 000
Price per Trust Share:                       R9.1908
Total value of Trust Shares Redeemed:        R9,190,842.41

Date of transaction:                         14 December 2025
Nature of transaction:                       Off market sale of Trust Shares by the Retention Scheme Trust
                                             to Ceramics on behalf of Mr Brandon Wood to settle the tax in
                                             respect of the Redemption.
Number of Trust Shares sold:                 450 000
30 day volume weighted average price:        R9.1908
Total transaction value:                     R4,135,879.35



The Trust Shares acquired by Ceramics will remain as part of the authorised and issued share capital of the
Company. Following these transactions, Italtile will hold 129,706,057 treasury shares.


Johannesburg
15 December 2025

Sponsor
Merchantec Capital

Date: 15-12-2025 11:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.