MPACT LIMITED - Acceptance Of Performance Share Awards By Directors, Directors Of Major Subsidiaries And Prescribed Officers

Acceptance Of Performance Share Awards By Directors, Directors Of Major Subsidiaries And Prescribed Officers

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)


ACCEPTANCE OF PERFORMANCE SHARE AWARDS BY DIRECTORS, DIRECTORS OF MAJOR
SUBSIDIARIES AND PRESCRIBED OFFICERS

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:


Name                           :   BW Strong
Office held                    :   Prescribed Officer, Director of Mpact
                                   Limited and Director of Mpact Operations
                                   (Pty) Ltd (major subsidiary)
Date of acceptance             :   4 April 2023
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in
                                   March 2026 subject to the achievement of
                                   agreed targets
Class of securities            :   Ordinary shares
Number of performance shares   :   296,328
Award price*                   :   R29.2838
Total value of award           :   R8,677,609.89
 Nature of interest            :   Direct beneficial
Clearance obtained             :   Yes


Name                           :   BDV Clark
Office held                    :   Prescribed Officer, Director of Mpact
                                   Limited and Director of Mpact Operations
                                   (Pty) Ltd (major subsidiary)
Date of acceptance             :   4 April 2023
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in
                                   March 2026 subject to the achievement of
                                   agreed targets
Class of securities            :   Ordinary shares
Number of performance shares   :   168,939
Award price*                   :   R29.2838
Total value of award           :   R 4,947,175.89
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes


Name                           :   HM Thompson
Office held                    :   Prescribed Officer and Director of Mpact
                                   Operations (Pty) Ltd (major subsidiary)
Date of acceptance             :   5 April 2023
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in
                                   March 2026 subject to the achievement of
                                   agreed targets
Class of securities            :   Ordinary shares
Number of performance shares   :   182,508
Award price*                   :   R29.2838
Total value of award           :   R5,344,527.77
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes


Name                           :   JW Hunt
Office held                    :   Prescribed Officer
Date of acceptance             :   4 April 2023
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in
                                   March 2026 subject to the achievement of
                                   agreed targets
Class of securities            :   Ordinary shares
Number of performance shares   :   136,261
Award price*                   :   R29.2838
Total value of award           :   R3,990,239.87
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes


Name                           :   CM Botha
Office held                    :   Prescribed Officer
Date of acceptance             :   4 April 2023
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in
                                   March 2026 subject to the achievement of
                                   agreed targets
Class of securities            :   Ordinary shares
Number of performance shares   :   145,047
Award price*                   :   R29.2838
Total value of award           :   R4,247,527.34
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes

Note:
  1. Prescribed officers are defined as having general executive control
      over and management of a significant portion of the Company or
      regularly participate therein to a material degree.

  * Award price is calculated on a 15-trading day VWAP starting from
    8 March 2023.

Melrose Arch
6 April 2023

Sponsor
The Standard Bank of South Africa Limited

Date: 06-04-2023 04:00:00
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