Dealings in Company Shares
KAP INTERNATIONAL HOLDINGS LTD
(Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06
Share Code: KAP
ISIN: ZAE 000059564
(“KAP” or “the Company”)
DEALINGS IN COMPANY SHARES
1. Vesting of Share Appreciation Rights allocated in 2009
The 2009 allocation of share appreciation rights issued under
the KAP Performance Share Plan (“the KAP PSP”) vested with
effect from 1 December 2012. Pursuant to this vesting, the
following director of KAP received ordinary shares of no par
value in KAP in accordance with the provisions of the KAP
PSP:
NAME OF DIRECTOR JP Haveman
COMPANY KAP International Holdings
Limited
STATUS Executive Director
TYPE OF SECURITIES Ordinary shares of no par
value
DATE OF TRANSACTION 1 December 2012
NATURE OF TRANSACTION Vesting of share
appreciation rights (off-
market)
CENTS PER SHARE 315*
NUMBER OF SECURITIES 592 454
TOTAL RAND VALUE OF R 1 866 230.10
SECURITIES
NATURE AND EXTENT OF Direct beneficial
DIRECTOR’S INTEREST IN THE
TRANSACTION
* Based on closing price of KAP shares as at 30 November 2012.
Prior clearance to deal in the Company’s shares was obtained in
compliance with paragraph 3.66 of the listings requirements of
the JSE Limited.
2. Sale of KAP shares by director to satisfy taxation
obligations and associated costs pursuant to the vesting of
share appreciation rights under the KAP PSP.
Pursuant to the receipt of the shares disclosed at paragraph 1
above, the following shares were sold to satisfy the taxation
obligations arising from the receipt of the said shares, and
associated costs:
NAME OF DIRECTOR JP Haveman
COMPANY KAP International Holdings
Limited
STATUS Executive Director
TYPE OF SECURITIES Ordinary shares of no par value
DATE OF TRANSACTION 10 December 2012
CENTS PER SHARE 315
NUMBER OF SECURITIES 260 500
TRANSACTED
TOTAL RAND VALUE OF R820 575.00
SECURITIES
NATURE OF TRANSACTION Sale
NATURE AND EXTENT OF Direct beneficial
DIRECTOR’S INTEREST IN THE
TRANSACTION
CONFIRMATION THAT CLEARANCE Yes
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66
DATE OF CONFIRMATION 10 December 2012
The above transaction was undertaken off-market and prior
clearance to deal in the Company’s shares was obtained in
compliance with KAP’s policy on insider trading and paragraph
3.66 of the listings requirements of the JSE Limited.
3. Grant of share rights under the new KAP Performance Share
Rights Scheme (“the 2012 Scheme”).
At the annual general meeting held on 14 November 2012,
shareholders approved the adoption of the 2012 Scheme, details of
which were contained in the notice to shareholders of the annual
general meeting .
Off-market grants of share rights over ordinary shares of no par
value in KAP at R0.20 (twenty cents) per share were made on 10
December 2012 to senior executives. These share rights, which
are held directly and beneficially, shall mature on or about the
third anniversary of the grant date. Vesting will however be
subject to the relevant performance criteria being met.
Directors of the Company and of major subsidiaries were granted
the following number of rights:
3.1 NAME OF DIRECTOR KJ Grové
COMPANY KAP international Holdings
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 2 377 036
TOTAL RAND VALUE R475 407.20
3.2 NAME OF DIRECTOR JP Haveman
COMPANY KAP International Holdings
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 841 373
TOTAL RAND VALUE R 168 274.60
3.3 NAME OF DIRECTOR FW Wagner
COMPANY Unitrans Supply Chain
Solutions Proprietary Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 1 051 716
TOTAL RAND VALUE R 210 343.20
3.4 NAME OF DIRECTOR T R Nel
COMPANY Unitrans Supply Chain
Solutions Proprietary Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 637 039
TOTAL RAND VALUE R127 407.80
3.5 NAME OF DIRECTOR C E Howes
COMPANY Unitrans Supply Chain
Solutions Proprietary Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 690 495
TOTAL RAND VALUE R138 099.00
3.6 NAME OF DIRECTOR G N Chaplin
COMPANY PG Bison Holdings Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 1 125 336
TOTAL RAND VALUE R225 067.20
3.7 NAME OF DIRECTOR FH Olivier
COMPANY PG Bison Holdings Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 472 877
TOTAL RAND VALUE R94 575.40
3.8 NAME OF DIRECTOR G Victor
COMPANY PG Bison Holdings Proprietary
limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 563 656
TOTAL RAND VALUE R112 731.20
3.9 NAME OF DIRECTOR G W Miller
COMPANY PG Bison Holdings Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 216 375
TOTAL RAND VALUE R43 275.00
3.10 NAME OF DIRECTOR P J Roux
COMPANY PG Bison Holdings Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 288 430
TOTAL RAND VALUE R57 686.00
3.11 NAME OF DIRECTOR T Siyolo
COMPANY PG Bison Holdings Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 377 650
TOTAL RAND VALUE R 75 530.00
3.12 NAME OF DIRECTOR N Boshoff
COMPANY Unitrans Passenger Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 1 009 647
TOTAL RAND VALUE R201 929.40
3.13 NAME OF DIRECTOR V Kisten
COMPANY Unitrans Passenger Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 384 549
TOTAL RAND VALUE R76 909.80
3.14 NAME OF DIRECTOR W L Nelson
COMPANY Unitrans Passenger Proprietary
Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 337 933
TOTAL RAND VALUE R67 586.60
3.15 NAME OF DIRECTOR LP Engelbrecht
COMPANY Unitrans Passenger
Proprietary Limited
STATUS Executive Director
CENTS PER SHARE 20
NUMBER OF SECURITIES 324 762
TOTAL RAND VALUE R64 952.40
Prior clearance to deal in the Company’s shares was obtained in
compliance with paragraph 3.66 of the listings requirements of the
JSE Limited.
By order of the Board
Steinhoff Africa Secretarial Services Proprietary Limited
Company Secretary
11 December 2012
Sponsor: PSG Capital Proprietary Limited.
Date: 11/12/2012 04:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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