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SANLAM LIMITED - Directors and Prescribed Officers dealings in Sanlam securities

Release Date: 23/03/2023 13:30
Code(s): SLM SLI7 SLI5 SLI6     PDF:  
Wrap Text
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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