Paul M. Dell - Jun 15, 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Role
Group Chief Financial Officer
Signature
/s/ Paul M. Dell, by Paul M. Dell, as Attorney-in-Fact
Stock symbol
MIXT
Transactions as of
Jun 15, 2023
Transactions value $
-$20
Form type
4
Date filed
6/20/2023, 03:20 PM
Previous filing
Jun 5, 2023
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIXT Ordinary Shares Sale -$20 -66 -0.01% $0.30* 595K Jun 15, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed in a June 6, 2023 Form 8-K relating to a JSE announcement disclosing transactions in Company shares, which transactions were also reflected in a prior Form 4, wherein shareholders were advised that Paul Dell's intention is to sell approximately 50 000 ordinary shares issued to him in respect of these retention shares (to cover the immediate tax obligation arising from the settlement of the retention shares). At the conclusion of this process, Paul Dell expects to have increased his shareholding in MiX Telematics by 50 000 ordinary shares, bringing his total shareholding to approximately 21 798 American Depositary Shares (equivalent to approximately 544 955 ordinary shares). Shareholders are accordingly advised that Paul Dell has sold 66 shares as detailed in the table above:
F2 The conversion price reflects the approximate conversion rate of Rand 18.3268 per U.S Dollar as of June 15, 2023.
F3 25 Ordinary Shares represent 1 American Depositary Share.