Directors’ and Company Secretary’s 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
ISIN: ZAE000070660
(“Sanlam”)
Directors’ and Company Secretary’s 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 the Company Secretary in Sanlam
securities:
Director: JP Möller
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 39 414
Market value per share: R63.12
Total deemed value: R2 487 811.68
Price paid on delivery: Rnil
The nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Sale of Sanlam ordinary shares under
the Restricted Share Plan to settle
income tax obligation on vesting of
shares
On market/Off market trade: On Market
Prior authority to transact Yes
obtained:
Director: IM Kirk
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 1 375 000
Market value per share: R nil (Conditional value of
R86 625 000 based on closing price
of R63.00 per share on 09 June 2016)
Retention and performance period Five years and three months up to 31
March 2021
The nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Performance
Deferred Share Plan to receive fully
paid-up shares in future should
certain pre-determined performance
hurdles be met over the period 01
January 2016 until 31 December 2020
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
Director: IM Kirk
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 59 754
Class of securities: Ordinary shares
Nature of interest: Direct beneficial
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up shares
in future should certain pre-
determined performance hurdles be
met
Market value per share: R nil (Conditional value of R3 764
502 based on closing price of R63.00
per share on 09 June 2016)
Retention and performance period Six years until 01 June 2022
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
Director: T Mvusi
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 38 348
Market value per share: R63,12
Total deemed value: R2 420 525.76
Price paid on delivery: Rnil
The nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares
under Deferred and Performance Share
Plans
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained
Director: T Mvusi
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 16 106
Class of securities: Ordinary shares
Nature of interest: Direct beneficial
Nature of transaction: Sale of Sanlam ordinary shares under
Deferred and Performance Share Plans
to meet income tax obligations on
vesting of shares
Market value of shares R63.12
Total transaction value: R1 016 620.72
On market/Off market trade: On Market
Prior authority to transact Yes
obtained:
Name of director: T Mvusi
Designation: Executive Director
Date of transaction: 09 June 2016
Class of security: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up
shares in future should certain pre-
determined performance hurdles be
met
Retention and performance Six years up to 01 June 2022
period:
Total number of units: 28 120
Nature and extent of director’s Direct beneficial
interest:
Total transaction value: R nil (Conditional value based on
the closing market price of a Sanlam
share of R63,00 amounts to R1 771
560)
On market/Off market trade: Off Market
Prior authority to transact Yes
obtained:
Director: S Bray
Category of director: Group Company Secretary
Date of transaction: 09 June 2016
Total number of units: 18 531
Market value per share: R63,12
Total deemed value: R1 169 676.72
Price paid on delivery: Rnil
The nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares
under Deferred and Performance Share
Plans
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
Director: S Bray
Category of director: Group Company Secretary
Date of transaction: 09 June 2016
Total number of units: 18 531
Class of securities: Ordinary shares
Nature of interest: Direct beneficial
Nature of transaction: Sale of Sanlam ordinary shares under
Deferred and Performance Share Plans
to meet income tax obligations on
vesting of shares and diversify
portfolio
Total transaction value: R1 169 676.72
On market/Off market trade On Market
Prior authority to transact Yes
obtained:
Name of director: S Bray
Designation: Group Company Secretary
Date of transaction: 09 June 2016
Class of security: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan (approved long-term incentive
plans) to receive fully paid-up
shares in future should certain pre-
determined performance hurdles be
met
Retention and performance Six years up to 01 June 2022
period:
Total number of units: 14 060
Nature and extent of director’s Direct beneficial
interest:
Total transaction value: R nil (Conditional value based on
the closing market price of a Sanlam
share of R63.00 amounts to R885 780)
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
Name of director: Y Ramiah
Designation: Executive Director
Date of transaction: 09 June 2016
Class of security: Ordinary shares
Nature of transaction: Acceptance of a conditional
undertaking under the Deferred Share
Plan and Performance Deferred Share
Plan to receive fully paid-up shares
in future should certain pre-
determined performance hurdles be
met
Retention and performance Six years up to 01 June 2022
period:
Total number of units: 27 979
Nature and extent of director’s Direct beneficial
interest:
Total transaction value: R nil (Conditional value based on
the closing market price of a Sanlam
share of R63.00 amounts to R1 762
677)
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
Director: Y Ramiah
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 26 932
Market value per share: R63,12
Total deemed value: R1 699 947.84
Price paid on delivery: Rnil
The nature and extent of the Direct beneficial
director’s interest in the
transaction:
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares
under Deferred and Performance Share
Plans
On market/Off market trade Off Market
Prior authority to transact Yes
obtained:
Director: Y Ramiah
Category of director: Executive Director
Date of transaction: 09 June 2016
Total number of units: 11 311
Class of securities: Ordinary shares
Nature of interest: Direct beneficial
Nature of transaction: Sale of Sanlam ordinary shares under
Deferred and Performance Share Plans
to meet income tax obligations on
vesting of shares
Total transaction value: R713 978.09
On market/Off market trade On Market
Prior authority to transact Yes
obtained:
Bellville
14 June 2016
Sponsor Deutsche Securities (SA) Proprietary Limited
Date: 14/06/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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