PIV 201609060028A
Dealing in securities by an associate of a director of Pivotal

THE PIVOTAL FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/030215/06)
JSE share code: PIV ISIN: ZAE000196440
(“Pivotal”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF PIVOTAL


Shareholders are advised of the following information relating to the dealing in securities by an associate of a director
of Pivotal:

Name of associate:                                           Willie van Niekerk
Name of director:                                            Jackie van Niekerk
Relationship to director:                                    Husband
Transaction date:                                            31 August 2016
Class of securities:                                         Ordinary shares
Number of securities:                                        11 177
Price per security:                                          R16.95
Total value:                                                 R189 450.15
Nature of transaction:                                       On-market sale
Nature and extent of director’s interest:                    Not applicable

6 September 2016


Sponsor
Java Capital

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