Go Back Email this Link to a friend


Keaton Energy Holdings Limited - Dealings In Securities

Release Date: 27/06/2016 17:00:00      Code(s): KEH     
Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE code: KEH
ISIN code: ZAE000117420
("Keaton" or ?the Company?)



Dealing in Securities

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following information
is disclosed:

Executive director:                                                                         AB Glad

Name of Company                                                     Keaton Energy Holdings Limited

Offer date:                                                                            27 June 2016

Number of shares:

    -    Share
         Appreciation
         Rights:                                                                            484 934

    -    Performance
         Shares:                                                                            874 280

    -    Restricted
         Shares:                                                                            279 575

Offer price per share:                                                                        R0.53

Expected value:                                                                            R868 558

                            Subject to a Minimum Employment Period (three years) and certain
                            performance conditions as noted on the Bonus Award Certificate. To be
Vesting conditions:         exercised as soon as practically possible after the Vesting Date

Extent of interest:         Direct beneficial

                            Off market shares awarded and accepted in terms of the Keaton Energy
Nature of transaction:      Long-Term Performance Incentive Plan

Clearance to deal
obtained:                                                                                      Yes

Executive director:                                                                   J Rossouw

Name of Company                                                   Keaton Energy Holdings Limited

Offer date:                                                             27 June 2016

Number of shares:

    -    Share Appreciation
                  Rights:                                                                   404 445

    -    Performance Shares:                                                                612 500

    -    Restricted Shares:                                                                 297 278

Offer price                                                                                   R0.53 

Expected value:                                                                            R696 538


Vesting conditions:         Subject to a Minimum Employment Period (three years) and certain
                            performance conditions as noted on the Bonus Award Certificate. To be
                            exercised as soon as practically possible after the Vesting Date

Extent of interest:         Direct beneficial

Nature of transaction:      Off market shares awarded and accepted in terms of the Keaton Energy
                            Long-Term Performance Incentive Plan

Clearance to deal
obtained:                   Yes




Company Secretary:          A Schutte-Bouwer

Name of Company             Keaton Energy Holdings Limited

Offer date:                 27 June 2016

Number of shares:

    -    Share Appreciation
         Rights:                                                                            169 466
        
    -    Performance
         Shares:                                                                            211 833

    -    Restricted
         Shares:                                                                            70 345

Offer price per share:                                                                      R0.53

Expected value:                                                                             R239 371

Vesting conditions:         Subject to a Minimum Employment Period (three years) and certain                            
                            performance conditions as noted on the Bonus Award Certificate. To be
                            exercised as soon as practically possible after the Vesting Date

Extent of interest:         Direct beneficial

Nature of transaction:      Off market shares awarded and accepted in terms of the Keaton Energy
                            Long-Term Performance Incentive Plan

Clearance to deal
obtained:                   Yes




Johannesburg
27 June 2016

Sponsor
Investec Bank Limited

Date: 27/06/2016 05:00:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             . The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.


                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.