MPACT LIMITED - Acceptance of bonus share grants to directors, prescribed officers and company secretary

Acceptance of bonus share grants to 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”)

ACCEPTANCE OF BONUS SHARE GRANTS TO DIRECTORS, PRESCRIBED OFFICERS AND
COMPANY SECRETARY

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

DIRECTORS OF THE COMPANY

Name                          :      BW Strong
Office held                   :      Chief Executive Officer
Company                       :      Mpact Limited
Date of acceptance            :      24 April 2015
Nature of transaction         :      Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities           :      Ordinary shares
Number of bonus shares        :      41,098
Grant price                   :      R42.43
Total value of award          :      R1,743,788.14
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

Name                          :      BDV Clark
Office held                   :      Chief Financial Officer
Company                       :      Mpact Limited
Date of acceptance            :      24 April 2015
Nature of transaction         :      Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities           :      Ordinary shares
Number of bonus shares        :      30,674
Grant price                   :      R42.43
Total value of award          :      R1,301,497.82
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

PRESCRIBED OFFICERS OF THE COMPANY

Name                         :       RP von Veh
Office held                  :       Managing Director – Corrugated Division
Company                      :       Mpact Operations (Pty) Ltd
Date of acceptance           :       24 April 2015
Nature of transaction        :       Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities          :       Ordinary shares
Number of bonus shares       :       33,592
Grant price                  :       R42.43
Total value of award         :       R1,425,308.56
Nature of interest           :       Direct beneficial
Clearance obtained           :       Yes

Name                         :       HM Thompson
Office held                  :       Managing Director – Paper Manufacturing
                                     Division
Company                      :       Mpact Operations (Pty) Ltd
Date of acceptance           :       24 April 2015
Nature of transaction        :       Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities          :       Ordinary shares
Number of bonus shares       :       33,210
Grant price                  :       R42.43
Total value of award         :       R1,409,100.30
Nature of interest           :       Direct beneficial
Clearance obtained           :       Yes

Name                         :       N Naidoo
Office held                  :       Managing Director – Plastics Division
Company                      :       Mpact Operations (Pty) Ltd
Date of acceptance           :       24 April 2015
Nature of transaction        :       Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities          :       Ordinary shares
Number of bonus shares       :       25,576
Grant price                  :       R42.43
Total value of award         :       R1,085,189.68
Nature of interest           :       Direct beneficial
Clearance obtained           :       Yes

Name                         :       JW Hunt
Office held                  :       Managing Director
Company                      :       Mpact Recycling (Pty) Ltd
Date of acceptance           :       24 April 2015
Nature of transaction        :       Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities          :       Ordinary shares
Number of bonus shares       :       19,483
Grant price                  :       R42.43
Total value of award         :       R826,663.69
Nature of interest           :       Direct beneficial
Clearance obtained           :       Yes

COMPANY SECRETARY OF THE COMPANY

Name                         :       MN Sepuru
Office held                  :       Company Secretary
Company                      :       Mpact Limited
Date of acceptance           :       24 April 2015
Nature of transaction        :       Off-market acceptance of conditional
                                     bonus share grants vesting in March 2018
Class of securities          :       Ordinary shares
Number of bonus shares       :       5,135
Grant price                  :       R42.43
Total value of award         :       R217,878.05
Nature of interest           :       Direct beneficial
Clearance obtained           :       Yes

Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.


Melrose Arch
28 April 2015

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

Date: 28/04/2015 12:20:00 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.