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ARAXI LIMITED — Director's Dealing 2026
Mar 6, 2026
48669_rns_2026-03-06_70ab4326-3072-4bf5-a108-aec30c130d51.pdf
Director's Dealing
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Araxi Limited
(Previously Capital Appreciation Limited)
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: AXX ISIN: ZAE000208245
("Araxi" or "the Company" or "the Group")
Araxi
LIMITED
Dealings in securities by directors of major subsidiaries of the Company
In compliance with the JSE Limited ("JSE") Listings Requirements, shareholders are advised of the following information relating to dealing in securities by directors of major subsidiary companies.
| Name of director | Gregory Nello Vercellotti |
|---|---|
| Position and Company | Executive Director: Dariel Solutions Proprietary Limited |
| Class of securities | Ordinary shares |
| Nature of transaction | On-market sale of shares to settle cumulative tax obligations |
| Nature and extent of interest | Direct beneficial |
| Clearance obtained | Yes |
| Date of transactions | 3 March 2026 |
| Number of securities sold | 1,000,000 |
| Sale price | R1.81 |
| Value of transaction | R1,810,000.00 |
| Name of director | Michael Brian Shapiro |
| Position and Company | Executive Director: Araxi Managing Director: Synthesis Software Technologies Proprietary Limited |
| Class of securities | Ordinary shares |
| Nature of transactions | On-market sale of conditional share plan awards to settle cumulative tax obligations |
| Nature and extent of interest | Direct beneficial |
| Clearance obtained | Yes |
| Date of transactions | a) 4 March 2026 |
| b) 5 March 2026 | |
| c) 6 March 2026 | |
| Number of securities sold | a) 545,392 |
| b) 13,050 | |
| c) 86,246 | |
| Sale price | a) Lowest price per share of R1.78 and highest price per share of R1.80. Volume weighted average price per share of R1.7844 |
| b) Lowest price per share of R1.78 and highest price per share of R1.80. Volume weighted average price per share of R1.7815 | |
| c) R1.77 | |
| Value of transactions | a) R973,205.60 |
| b) R23,249.08 | |
| c) R152,655.42 |
2
Name of director
: Steyn Nel Basson
Position and Company
: Executive Director: Synthesis Software Technologies Proprietary Limited
Class of securities
: Ordinary shares
Nature of transactions
: On-market sale of conditional share plan awards to settle cumulative tax obligations
Nature and extent of interest
: Direct beneficial
Clearance obtained
: Yes
Date of transactions
a) 4 March 2026
b) 5 March 2026
Number of securities sold
a) 100,000
b) 100,000
Sale price
a) R1.80
b) R1.80
Value of vesting transaction
a) R180,000.00
b) R180,000.00
Sandton
6 March 2026
Sponsor
Investec Bank Limited