IMPERIAL HOLDINGS LIMITED - The Award Of DBP and CSP Rights in terms of Imperial Share Incentive Schemes

The Award Of DBP and CSP Rights in terms of Imperial Share Incentive Schemes

Imperial Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
(‘Imperial’ or “Company”)

THE AWARD OF DBP AND CSP RIGHTS IN TERMS OF IMPERIAL SHARE INCENTIVE
SCHEMES

In compliance with the Listings Requirements of the JSE Limited the
following information is provided:

Imperial has awarded Deferred Bonus Plan (DBP) and Conditional Share
Plan (CSP) rights to its executive directors as follows:

DBP rights entitle the director to commit an equal number of Imperial
shares to the scheme, which will be held in escrow until vesting in
September 2018. Upon vesting, Imperial will be obliged to deliver a
matching share for each committed share.

CSP rights will vest in September 2018 and entitle the director to
receive a number of Imperial shares subject to the achievement, of
specific performance conditions determined by the Board.

Name of director     Number of DBP   Number of CSP   Total value


MJ Lamberti          37 217          48 915          R15 043 000
M   de Canha         32 350                          R5 650 000
P   Michaux          28 629                          R5 000 000
M   Swanepoel        32 350                          R5 650 000
OS Arbee             36 416                          R6 360 000


The award to MJ Lamberti includes an amount in lieu of the 2015 short
term incentive cash payment.

The Company has also awarded 4 824 DBP rights and 43 527 share
appreciation rights (“SAR”) to RA Venter, the Company Secretary of
Imperial.

All of the above rights were awarded at R174.65 per share.

The effective date for the aforementioned transactions is 6 October
2015.

Prior written approval in terms of paragraph 3.66 of the Listings
Requirements was obtained. All CSP’s DBP’s and SAR’s awards were done
off-market.


Company Secretary
RA Venter
7 October 2015

Sponsor:
Merrill Lynch South Africa (Pty) Limited

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