To view the PDF file, sign up for a MySharenet subscription.

MPACT LIMITED - Dealings in securities by Directors, Prescribed Officers and Company Secretary

Release Date: 11/04/2016 14:11
Code(s): MPT
Wrap Text
Dealings in securities by Directors, Prescribed Officers and Company Secretary

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS AND COMPANY
SECRETARY


In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

BONUS SHARE PLAN (BSP)

DIRECTORS OF MPACT LIMITED

Name                          :    BW Strong
Position                      :    Chief Executive Officer
Company                       :    Mpact Limited
Date of transaction           :    7 April 2016
Nature of transaction         :    On market disposal of shares that have
                                   vested in respect of the 2013 Bonus
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    66,230 at R50.088 per share
Total value of shares sold    :    R3,317,328.24
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes


Name                          :    BDV Clark
Position                      :    Chief Financial Officer
Company                       :    Mpact Limited
Date of transaction           :    7 April 2016
Nature of transaction         :    On market disposal of shares that have
                                   vested in respect of the 2013 Bonus
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    30,773 at R50.088 per share
Total value of shares sold    :    R1,541,358.02
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   52,471 at R50.088 per share
Total value of shares sold      :   R2,628,167.45
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes



Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     22,924 at R50.088 per share
Total value of shares sold    :     R1,148,217.31
Number of shares retained     :     32,349
Total value of shares retained:     R1,635,323.11
Nature of interest            :     Direct beneficial
Clearance obtained            :     Yes

Name                            :   MP Mothobi
Position                        :   Director
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   9,499 at R50.088 per share
Total value of shares sold      :   R475,785.91
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes
PRESCRIBED OFFICER

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   14,845 at R50.088 per share
Total value of shares sold      :   R743,556.36
Number of shares retained       :   21,141
Total value of shares retained  :   R1,058,910.41
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

COMPANY SECRETARY

Name                            :   MN Sepuru
Position                        :   Company Secretary
Company                         :   Mpact Limited
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   8,478 at R50.088 per share
Total value of shares sold      :   R424,646.06
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PERFORMANCE SHARE PLAN (PSP)

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   96,184 at R50.088 per share
Total value of shares sold      :   R4,817,664.19
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


Name                            :   BDV Clark
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   72,494 at R50.088 per share
Total value of shares sold      :   R3,631,079.47
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   72,783 at R50.088 per share
Total value of shares sold      :   R3,645,554.90
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   21,824 at R50.088 per share
Total value of shares sold      :   R1,093,120.51
Number of shares retained       :   31,079
Total value of shares retained  :   R1,556,684.95
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


PRESCRIBED OFFICER

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   7 April 2016
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2013 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   33,122 at R50.088 per share
Total value of shares sold      :   R1,659,014.74
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

*Average sale price is based on transactions effected by the Share Trust over a period of 5
days, as follows:

                   No. of                  Price
                   shares sold             per share

1 April 2016       260,366                 R51.001

4 April 2016       147,624                 R51.000

5 April 2016       24,546                  R51.002

6 April 2016       119,165                 R49.413

7 April 2016       136,936                 R47.793




Melrose Arch
11 April 2016

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

Date: 11/04/2016 02:11:00 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.