All relevant boxes should be completed in block capital letters.
1.
Name of the issuer
UTILICO EMERGING MARKETS LIMITED
2.
State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).
RELATES TO (i) ABOVE BY THE MANAGER
3.
Name of person discharging managerial responsibilities/director
ICM LIMITED
4.
State whether notification relates to a person connected with a person discharging managerial responsibilities/ director named in 3 and identify the connected person
PERMANENT MUTUAL LIMITED
5.
Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
NOTIFICATION RELATES TO PERMANENT MUTUAL LIMITED BENEFICIAL INTEREST
6.
Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES
7.
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
(through State Street)
8
State the nature of the transaction
DISPOSAL OF SHARES
9.
Number of shares, debentures or financial instruments relating to shares acquired
N/A
10.
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
11.
Number of shares, debentures or financial instruments relating to shares disposed
450,333
12.
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.21%
13.
Price per share or value of transaction
175.00p
14.
Date and place of transaction
05 APRIL 2016, LONDON
15.
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
ICM LIMITED:
Nil
0.00%
PERMANENT MUTUAL LIMITED:
16.
Date issuer informed of transaction
06 APRIL 2016
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17
Date of grant
18.
Period during which or date on which exercisable
19.
Total amount paid (if any) for grant of the option
20.
Description of shares or debentures involved (class and number)
21.
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22.
Total number of shares or debentures over which options held following notification
23.
Any additional information
24.
Name of contact and telephone number for queries
FRANCI VAN DER WALT +27 21 761 4154
Name of authorised official of issuer responsible for making notification
Franci van der Walt, for ICM Limited, Group Accountant
Date of notification: 06 April 2016