Directors and Prescribed Officers dealings in Sanlam securities
Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
A2X share code: SLM
ISIN: ZAE000070660
(“Sanlam”)
Sanlam Life Insurance Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1998/021121/06)
Bond Issuer Code: SMT1
(“Sanlam Life”)
Directors and Prescribed Officers dealings in Sanlam securities
In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by Directors and Prescribed Officers in Sanlam
securities:
Name: P Hanratty
Designation: Executive Director
Date of transaction: 22 March 2023
Total number of shares: 144 023
Nature of transaction: Transfer of Sanlam ordinary shares
to the Sanlam Ltd Share Incentive
Trust for no consideration following
the forfeiture thereof in terms of
CEO remuneration agreement
On market/Off market trade: Off market
Market value per share: R nil
Total transaction value: R7 929 906.38 based on the closing
price of R55.06 per share on 22
March 2023
Nature and extent of the Direct beneficial
interest in the transaction:
Class of securities: Ordinary shares
Prior authority to transact
obtained: Yes
Name: A Mukhuba
Designation: Executive Director
Date of transaction: 22 March 2023
Total number of shares: 31 131
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 714
072.86 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: H Werth
Designation: Executive Director
Date of transaction: 22 March 2023
Total number of shares: 36 320
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 999
779.20 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: A Gildenhuys
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 31 131
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 714
072.86 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: M Mahlangeni
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 33 725
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 856
898.50 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: B Madikiza
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 25 943
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 428
421.58 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: K Mkhize
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 23 867
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 314
117.02 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: K Socikwa
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 19 457
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 071
302.42 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: C Roothman
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 25 943
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 428
421.58 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: T Mabaso
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 22 051
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R1 214
128.06 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Name: S Bray
Designation: Prescribed Officer
Date of transaction: 22 March 2023
Total number of shares: 4 324
Nature of transaction: Acceptance of Sanlam Ltd shares
representing the deferred bonus
component of the 2022 performance
bonus award. Release of these
shares on 31 March 2026 is subject
to pre-determined conditions.
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R238
079.44 based on closing price of
R55.06 per share on 22 March 2023)
Nature and extent of the Direct beneficial
director’s interest in the
transaction:
Prior authority to transact
obtained: Yes
Bellville
[23] March 2023
Sponsor
The Standard Bank of South Africa Limited
Debt Sponsor to Sanlam Life Insurance Limited
Absa Bank Limited, acting through its Corporate and Investment
Banking division
Date: 23-03-2023 01:30:00
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