Directors’ and Company Secretary dealings in Sanlam securities
Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
ISIN: ZAE000070660
(“Sanlam”)
Directors’ and Company Secretary dealings in Sanlam securities
In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by directors and the Company Secretary in Sanlam
securities:
No.1
Name: IM Kirk
Designation: Executive Director
Date of transaction: 29 June 2017
Total number of shares: 71 747
Total transaction value R nil (Conditional value of
R4 690 818.86 based on closing price
of R65.38 per share on 29 June 2017)
Retention and performance Five years
period:
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up shares
in future should certain pre-
determined performance hurdles be
met over the period 01 June 2017
until 01 June 2022
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
No. 2
Name: HC Werth
Designation: Financial Director
Date of transaction: 29 June 2017
Total number of shares: 73 358
Total transaction value: R nil (Conditional value of
R4 796 146.04 based on closing price
of R65.38 per share on 29 June 2017)
Retention and performance period Five years
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up shares
in future should certain pre-
determined performance hurdles be
met over the period 01 June 2017
until 01 June 2022
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
No. 3
Name: HC Werth
Designation: Financial Director
Date of transaction: 29 June 2017
Total number of shares: 105 712
Total transaction value: R nil (Conditional value of
R6 911 450.56 based on closing price
of R65.38 per share on 29 June 2017)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares
to the Sanlam Minimum Shareholding
Requirement Plan (MSRP) following
delivery of shares under the
Deferred/Performance Share Plans and
the Restricted Share Plan and the
pledge of these shares by the
Director to the Sanlam MSRP
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
No. 4
Name: T Mvusi
Designation: Executive Director
Date of transaction: 29 June 2017
Total number of shares: 65 361
Total transaction value: R nil (Conditional value of
R4 273 302.18 based on closing price
of R65.38 per share on 29 June 2017)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares
to the Sanlam Minimum Shareholding
Requirement Plan (MSRP) following
delivery of shares under the
Deferred/Performance Share Plans and
the Restricted Share Plan and the
pledge of these shares by the
Director to the Sanlam MSRP
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
No. 5
Name: T Mvusi
Designation: Executive Director
Date of transaction: 29 June 2017
Total number of shares: 29 334
Total transaction value: R nil (Conditional value of
R1 917 856.92 based on closing price
of R65.38 per share on 29 June 2017)
Retention and performance Five years
period:
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up
shares in future should certain pre-
determined performance hurdles be
met over the period 01 June 2017
until 01 June 2022
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
No. 6
Name: S Bray
Designation: Group Company Secretary
Date of transaction: 26 June 2017
Total number of shares: 11 989
Market value per share: R65.04
Total deemed value: 779 764.56
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares
under Deferred and Performance Share
Plans
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
No. 7
Name: S Bray
Designation: Group Company Secretary
Date of transaction: 26 June 2016
Market value per share: R65.04
Total number of shares: 11 989
Total transaction value: R779 764.56
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Sale of Sanlam ordinary shares under
Deferred and Performance Share Plans
to meet income tax obligations on
vesting of shares and diversify
portfolio
On market/Off market trade On Market
Prior authority to transact Yes
obtained:
No. 8
Name: S Bray
Designation: Group Company Secretary
Date of transaction: 29 June 2017
Total number of shares: 13 295
Total transaction value: R nil (Conditional value of
R869 227.10 based on the closing
price of R65.38 per share on 29 June
2017)
Retention and performance Five years
period:
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan (approved long-term retention
plans) to receive fully paid-up
shares in future should certain pre-
determined performance hurdles be
met over the period 01 June 2017
until 01 June 2022
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
No. 9
Name: Y Ramiah
Designation: Executive Director
Date of transaction: 29 June 2017
Total number of shares: 30 230
Total transaction value: R nil (Conditional value of
R1 976 437.40 based on the closing
price of R65.38 per share on 29 June
2017)
Retention and performance Five years
period:
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up shares
in future should certain pre-
determined performance hurdles be
met
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
No. 10
Name: Y Ramiah
Designation: Executive Director
Date of transaction: 29 June 2017
Total number of shares: 29 916
Total transaction value: R Nil (Conditional value of
R1 955 908.08 based on closing price
of R65.38 per share on 29 June 2017)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares
to the Sanlam Minimum Shareholding
Requirement Plan (MSRP) following
delivery of shares under the
Deferred/Performance Share Plans and
the Restricted Share Plan and the
pledge of these shares by the
Director to the Sanlam MSRP
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
Bellville
30 June 2017
Sponsor Deutsche Securities (SA) Proprietary Limited
Date: 30/06/2017 05:07:00 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.