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
disclosed:

Eqstra awarded deferred bonus plan (“DBP”) rights to its directors, in terms of the DBP
scheme, in September 2012. DBP rights entitle participants to commit an equal number of Eqstra
shares to the DBP scheme, which committed shares were held in escrow until the vesting date,
15 September 2015. 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.

Accordingly, the following participants received the following matching shares, on 12 October,
2015, from the Company’s existing treasury shares:

Name of participant     Designation                  Number of DBP      Deemed price   Total value
                                                     matching shares    per share*
                                                     awarded
JL Serfontein           Chief executive officer:     37 000             R2.82          R104 340
                        Eqstra
JV Carr                 Director of major            44 000             R2.82          R124 080
                        subsidiary: Eqstra
                        Corporation Limited
GD Neubert              Director of major            38 00              R2.82          R107 160
                        subsidiary: Saficon
                        Industrial Equipment
                        Proprietary Limited

* representing the 3 day VWAP to 15 September 2015, the vesting date.

Clearance to deal in respect of each of the above off-market transactions has been obtained.

Kempton Park
12 October 2015

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

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