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MPACT LIMITED - Dealings in securities by directors and prescribed officers

Release Date: 16/04/2020 08:55
Code(s): MPT     PDF:  
Wrap Text
Dealings in securities by directors and prescribed officers

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

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS

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           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Bonus
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   14,106 at R8.0801 per share
Total value of shares sold    :   R113,977.89
Number of shares retained     :   17,066
Total value of shares retained:   R137,894.99
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Name                          :   BDV Clark
Position                      :   Chief Financial Officer
Company                       :   Mpact Limited
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Bonus
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   10,945 at R8.0801 per share
Total value of shares sold    :   R88,436.69
Number of shares retained     :   13,241
Total value of shares retained:   R106,988.60
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                          :   HM Thompson
Position                      :   Managing Director – Paper Manufacturing
Company                       :   Mpact Operations (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Bonus
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   11,664 at R8.0801 per share
Total value of shares sold    :   R94,246.29
Number of shares retained     :   14,111
Total value of shares retained:   R114,018.29
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Name                          :   N Naidoo
Office held                   :   Managing Director – Plastics Division
Company                       :   Mpact Operations (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Bonus
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   8,991 at R8.0801 per share
Total value of shares sold    :   R72,648.18
Number of shares retained     :   10,876
Total value of shares retained:   R87,879.17
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

PRESCRIBED OFFICER

Name                          :   JW Hunt
Position                      :   Managing Director
Company                       :   Mpact Recycling (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Bonus
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   6,974 at R8.0801 per share
Total value of shares sold    :   R56,350.62
Number of shares retained     :   8,436
Total value of shares retained:   R68,163.72
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           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Performance
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   26,674 at R8.0801 per share
Total value of shares sold    :   R215,528.59
Number of shares retained     :   32,271
Total value of shares retained:   R260,752.91
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Name                          :   BDV Clark
Position                      :   Chief Financial Officer
Company                       :   Mpact Limited
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Performance
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   15,207 at R8.0801 per share
Total value of shares sold    :   R122,874.08
Number of shares retained     :   18,397
Total value of shares retained:   R148,649.60
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                          :   HM Thompson
Position                      :   Managing Director – Paper Manufacturing
Company                       :   Mpact Operations (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Performance
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   16,428 at R8.0801 per share
Total value of shares sold    :   R132,739.88
Number of shares retained     :   19,876
Total value of shares retained:   R160,600.07
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Name                          :   N Naidoo
Office held                   :   Managing Director – Plastics Division
Company                       :   Mpact Operations (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Performance
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   12,893 at R8.0801 per share
Total value of shares sold    :   R104,176.73
Number of shares retained     :   15,598
Total value of shares retained:   R126,033.40
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

PRESCRIBED OFFICER

Name                          :   JW Hunt
Position                      :   Managing Director
Company                       :   Mpact Recycling (Pty) Ltd
Date of transaction           :   9 April 2020
Nature of transaction         :   On market disposal of shares that have
                                  vested in respect of the 2017 Performance
                                  shares under the Mpact Limited Incentive
                                  Scheme
Class of securities           :   Ordinary shares
Number of shares sold         :   10,540 at R8.0801 per share
Total value of shares sold    :   R85,164.25
Number of shares retained     :   12,751
Total value of shares retained:   R103,029.36
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Melrose Arch
16 April 2020

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

Date: 16-04-2020 08:55:00
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