Robin Frew - May 9, 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Signature
/s/ Robin Frew, by Paul M. Dell, as Attorney-in-Fact
Stock symbol
MIXT
Transactions as of
May 9, 2023
Transactions value $
-$117,893
Form type
4
Date filed
5/11/2023, 09:37 AM
Previous filing
Apr 14, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIXT Ordinary Shares Sale -$92.4K -308K -1.85% $0.30* 16.3M May 9, 2023 Direct F1, F3
transaction MIXT Ordinary Shares Sale -$25.5K -85K -0.52% $0.30* 16.2M May 10, 2023 Direct F2, F3
holding MIXT Ordinary Shares 60.4M May 9, 2023 See footnote F3, F4
holding MIXT Ordinary Shares 2.64M May 9, 2023 See footnote F3, F5
holding MIXT Ordinary Shares 799K May 9, 2023 See footnote F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2960 to $0.3008, inclusive. The reporting person undertakes to provide to MiX Telematics Limited, any security holder of MiX Telematics Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2944 to $0.2976, inclusive. The reporting person undertakes to provide to MiX Telematics Limited, any security holder of MiX Telematics Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
F3 25 Ordinary Shares represent 1 American Depositary Share.
F4 Includes 60,410,880 ordinary shares held by Masalini Capital Proprietary Limited. Masalini Capital Proprietary Limited is 100% owned by the Masalini Trust (previously known as the Robin Frew Family Trust), of which Robin Frew is one of three trustees and a beneficiary. Voting and investment power over the ordinary shares held by Masalini Capital Proprietary Limited is exercised by majority consent of Robin Frew and the other trustees, Philip Kilroe and Juanita Lou Koster. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F5 Includes 2,637,040 ordinary shares held by Thynk Capital Proprietary Limited ("Thynk"). Thynk is now wholly owned by Robin Frew and he is also the sole director and therefore has full voting and investment power over the shares owned by Thynk. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shallnot be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F6 Includes 799,366 ordinary shares held by Masalini Investments No. 3 Proprietary Limited. Voting and investment power over the ordinary shares held by Masalini Investments No. 3 Proprietary Limited is exercised by Robin Frew. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Previously Non Executive Director