METAIR INVESTMENTS LIMITED - Director's dealings in securities

Director's dealings in securities

METAIR INVESTMENTS LIMITED

Reg No. 1948/031013/06

(Incorporated in the Republic of South Africa)

Share code : MTA

ISIN code : ZAE 000090692

(“Metair” or “the Company”)



DIRECTORS’DEALING IN SECURITIES



In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited

(“Listings Requirements”), we hereby advise that Mr C.T. Loock accepted Share

Appreciation Rights (“SARs”), performance shares and bonus shares, which may

be settled in cash or Metair shares, in terms of The Metair Investments

Limited 2009 Share Plan.



The terms and conditions of the SARs are:



Date of allocation                     26 November 2013

Total number of SARs                   800 000

Price paid per SAR                     Nil

Total value of transaction             Nil

Allocation price per SAR               R37.33

Nature of transaction                  Acceptance of SAR awards

First vesting date                     26 November 2016

Vesting period                         20% at the end of the 3rd anniversary

                                       and then 20% per annum over the next

                                       5 years after 26 November 2016

Transaction completed on market        No

Clearance   obtained   in   terms   of Yes

paragraph   3.66   of   the   Listings

Requirements



The terms and conditions of the bonus shares are:



Date of award                                     26 November 2013

Total number of bonus shares                      150 000

Price paid per bonus share                        Nil

Total value of transaction                        Nil

Nature of transaction                             Acceptance of awards

First vesting date                                26 November 2016

Vesting Period                                    Equal thirds vesting on the 3rd, 4th

                                                  and 5th anniversary of the award

Transaction completed on market                   No

Clearance obtained in terms of                    Yes

paragraph 3.66 of the Listings

Requirements





Terms and conditions of the performance shares are:



       Share Plan Allocations Share Awards – November 2013

Date of award                          26 November 2013

Total number of performance shares     50 000

Price paid per performance share       Nil

Total value of transaction             Nil

Class of securities                    Performance   shares   over  ordinary

                                       shares

Nature of transaction                  Acceptance of awards

First vesting date                     26 November 2016

Vesting period                         Equal thirds will vest on the 3rd, 4th

                                       and 5th anniversary of the award to

                                       the extent that the Company has met

                                       specified performance criteria over

                                       the intervening period

Transaction completed on market        No

Clearance   obtained   in   terms   of Yes

paragraph   3.66   of   the   Listings

Requirements







Johannesburg

27 November 2013



Sponsor:

One Capital









       Share Plan Allocations Share Awards – November 2013


Date: 27/11/2013 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.