JSE LIMITED - Dealings in securities by directors, by the company secretary and by the JSE LTIS 2010 Trust

Dealings in securities by directors, by the company secretary and by the JSE LTIS 2010 Trust

JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
ISIN: ZAE000079711
Share Code: JSE
("JSE" or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS, BY THE COMPANY SECRETARY AND BY THE
JSE LTIS 2010 TRUST

Members of the JSE’s executive committee, which includes the executive
directors and Company Secretary, have accepted grants of restricted
ordinary shares (“Allocation 5”) in the Company, as set out in this
announcement, in accordance with the terms of the Long Term Incentive
Scheme 2010 (“LTIS 2010”).

Allocation 5 comprises shares, the vesting of which is subject to:

(i)  the JSE achieving specified corporate performance targets over the
     vesting term; and
(ii) an executive committee member remaining in the employ of the JSE for
     the vesting term.


      Executive         Number of        Value of        Holding
      Committee      JSE ordinary    JSE ordinary
      member               shares          shares

      NEWTON-KING          49 790     R 5 092 070   Direct beneficial

      TAKOORDEEN           18 120     R 1 853 150   Direct beneficial

      BURKE                20 610     R 2 107 804   Direct beneficial

      CLARKE               15 030     R 1 537 132   Direct beneficial

      CLEARY               14 140     R 1 446 111   Direct beneficial

      DAVIES               17 420     R 1 781 560   Direct beneficial

      FORSSMAN             14 430     R 1 475 770   Direct beneficial

      FOURIE               19 120     R 1 955 420   Direct beneficial

      JACOBS               17 420     R 1 781 560   Direct beneficial

      MASHIGO              11 550     R 1 181 229   Direct beneficial

      PARSONS              22 100     R 2 260 188   Direct beneficial

      SMALE                18 420     R 1 883 831   Direct beneficial

      STURGESS             13 740     R 1 405 203   Direct beneficial

      VAN WAMELEN          19 120     R 1 955 420   Direct beneficial

One-half of the shares will be released on 1 June 2017 and the remaining
half on 1 June 2018, subject to the applicable vesting conditions being
achieved.   All share awards are subject to the LTIS 2010 Rules, as
approved by shareholders at the annual general meeting held on 22 April
2010.

Approval for the above on-market individual allocations (grant and
acceptance) and clearance to deal has been granted by the Chairman of the
Board.

All individual share allocations as indicated above have been accepted by
the members of the executive committee on 23 May 2014.



ACQUISITION OF SHARES BY JSE LTIS 2010 TRUST (the “Trust”)

The Trust has acquired, on behalf of all the LTIS 2010 participants, a
total of 422 870 JSE ordinary shares in the open market during the period
9 May 2014 – 22 May 2014 in order to fulfil the share awards as granted
under Allocation 5.

At the Company’s annual general meeting held on 8 May 2014, shareholders
granted the following permissions in respect of the acquisition of JSE
ordinary shares in connection with LTIS 2010:

(i)  Acquisition of JSE ordinary shares in the open market, granted in
     terms of special resolution #4 approved by the requisite majority of
     shareholders; and
(ii) Provision of specific financial assistance to the Trust for the
     purpose of acquiring the shares, granted in terms of special
     resolution #5 approved by the requisite majority of shareholders.

These ordinary shares are held in trust and are restricted until all
vesting conditions are fulfilled whereupon the shares vest.       To the
extent that the vesting conditions are not fulfilled the share awards are
forfeited.

These JSE ordinary shares were acquired at a volume-weighted average
price (including all execution costs) of R102.27 per ordinary share. The
high for the period was R106.85 and the low for the period was R99.96.


Sandton
23 May 2014


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23/05/2014 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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