EQSTRA HOLDINGS LIMITED - Dealing in securities by a director and by directors of major subsidiaries

Dealing in securities by a director and by directors of major subsidiaries

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
(“Eqstra” or “the Company”)

DEALING IN SECURITIES     BY   A   DIRECTOR   AND   BY   DIRECTORS   OF   MAJOR
SUBSIDIARIES

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

Eqstra has awarded deferred bonus plan (DBP) rights to its directors,
under the DBP scheme. DBP rights entitle the participants to commit
an equal number of Eqstra shares to the DBP scheme, which committed
shares will be held in escrow until vesting in September 2018.

Participants may either purchase the shares to be committed or commit
shares already held by them to the DBP scheme.

Upon the vesting of the DBP rights, and providing that the conditions
attaching to the DBP rights are fulfilled, Eqstra is obliged in terms
of the DBP scheme to deliver a matching share to participants for
each committed share, within 30 days of the vesting date.

Each participant has accepted the award of DBP rights and has
undertaken to commit Eqstra shares to the DBP scheme equal to the DBP
rights awarded:

Name of               Designation                   Number of shares
participant                                         committed to the
                                                    DBP scheme
JL Serfontein         Chief executive director      80 000*
JV Carr               Director of major subsidiary: 70 000*
                      Eqstra Corporation Limited
GD Neubert            Director of major subsidiary: 70 00**
                      Saficon Industrial Equipment
                      Proprietary Limited
J Colling             Director of major subsidiary: 70 00*
                      MCC Contracts Proprietary
                      Limited
* - Shares owned by participants and committed to scheme.
** - Shares purchased in the open market (refer separate disclosure below).

Clearance to deal, in respect of the above off–market acceptance of
rights, was obtained.

Director                      :   GD Neubert
Major subsidiary              :   Saficon Industrial Equipment
                                  Proprietary Limited
Date of transaction           :   6 October 2015
Nature of transaction         :   On market purchase of securities

Class of securities           :   Ordinary shares
Number of shares purchased    :   67 050
Purchase price                :   R2.84 per share
Total value of transaction    :   R190 422.00

Number of shares purchased    :   2 295
Purchase price                :   R2.75 per share
Total value of transaction    :   R6 311.25

Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Kempton Park
9 October 2015

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

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