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REUNERT LIMITED - Dealings in securities

Release Date: 29/11/2022 16:28
Code(s): RLO     PDF:  
Wrap Text
Dealings in securities

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or the “Company” or the “Group”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements, the following transactions by directors and the company secretary of Reunert (the
“Participants”) in terms of the Reunert 2019 Conditional Share Plan (“CSP”), are hereby disclosed.

In accordance with the rules of the CSP (“Rules”), the allocation of awards as set out in the table below
was approved on 24 November 2022 by the Company’s Remuneration Committee. The below stated CSP awards entitle 
Participants to Reunert ordinary shares (“Shares”) in the future, to the extent that employment and performance 
conditions are met over a 4-year and/or 5-year period.

The nature and extent of the interest of Participants is direct beneficial. The following CSP awards were
allocated to the Participants, off-market, and the prescribed clearance to trade was received:

 Participant                        CSP awards – subject to          Indicative transaction value*
                              conditions measured over a 4-          based on the Company’s 20-day
                                  year and/or 5-year period         volume-weighted average price,
                                                                         as at 23 November 2022 of
                                                                                  R46.39 per Share
 Reunert Executive Directors
 AE Dickson                                         261 408                            R12 126 717
 NA Thomson                                         155 598                             R7 218 191
 M Moodley                                           88 237                             R4 093 314
 Group Company Secretary 
 K Louw                                               3 990                               R185 096

* The transaction value relating to the CSP units is only indicative, as vesting is subject to conditions.
The actual transaction values will only be determinable when the CSP awards vest, in accordance with
the Rules, at the end of the relevant period.

Sandton
29 November 2022

Sponsor
One Capital

Date: 29-11-2022 04:28:00
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