Dealings in securities by a director and the JSE LTIS 2018 Trust
JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
ISIN: ZAE000079711
Share Code: JSE
("JSE" or "the Company")
DEALINGS IN SECURITIES BY A DIRECTOR AND THE JSE LTIS 2018 TRUST
Dealings by the JSE LTIS 2018 Trust
The JSE LTIS 2018 Trust ("Trust") has acquired 51 364 JSE ordinary shares
in the open market on behalf of the JSE group chief executive officer (CEO)
to fulfil a restraint share award granted in accordance with her terms of
employment.
These ordinary shares are held in trust and are restricted for the duration
of the term of service. Unrestricted title to these shares is subject to
the Company electing to enforce the restraint.
These JSE ordinary shares were acquired on-market at a volume-weighted
average price of R128.4932 per ordinary share. The total transaction value
amounted to R6 599 924.72. The daily high, low and volume-weighted average
for the various transactions were –
Dates in 2019
that JSE Number of JSE Daily highest Daily lowest
ordinary ordinary Daily VWAP price paid price paid
shares shares (cents per (cents per (cents per
acquired acquired share) share) share)
25 October 51 361 12849 12850 12837
28 October 3 12871 12871 12871
The requisite approvals have been granted by shareholders at the Company’s
annual general meeting, in respect of the acquisition of JSE ordinary shares
in the open market and in respect of specific financial assistance to the
Trust for the purpose of acquiring these shares.
Acceptance of allocation of securities to a director
Following the acquisition of JSE ordinary shares by the Trust as disclosed
above, the CEO has on 30 October 2019 accepted the grant of restricted
ordinary shares in the Company, as reflected in this announcement.
Total number Total Rand value
of restricted of restricted
JSE ordinary JSE ordinary Nature of
Executive Role shares awarded shares awarded interest
and accepted and accepted
Group CEO &
Executive Direct
L Fourie Director 51 364 6 599 924.72 beneficial
The allocation (grant and acceptance) was approved by the JSE’s Group Human
Resources Committee and clearance to deal was granted by the Chairman of
the Board.
Sandton
31 October 2019
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 31/10/2019 05:35:00
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