To view the PDF file, sign up for a MySharenet subscription.

PPC - Pretoria Portland Cement Company Limited - Allocation of forfeitable

Release Date: 08/03/2012 17:00
Code(s): PPC
Wrap Text

PPC - Pretoria Portland Cement Company Limited - Allocation of forfeitable shares Pretoria Portland Cement Company Limited Incorporated in the Republic of South Africa (Registration number 1892/000667/06) JSE Share code: PPC ZSE share code: PPC ISIN: ZAE000125886 ("PPC" or the "Company") ALLOCATION OF FORFEITABLE SHARES In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following executive directors and company secretary of the company were awarded shares in terms of the company`s forfeitable share plan, the salient details of which are set out below: Name of executive director: Salim Abdul Kader Designation: Managing Director Cement (SA) Number of forfeitable shares awarded: 102,500 PPC shares of which 80,900 shares are subject to performance conditions. Average price at which shares were awarded: R31.19 Value: R3,196,975 Date of award: 16 February 2012 Notification of award: 7 March 2012 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of executive director: Sello Helepi Designation: Director Organisational Performance & Transformation Number of forfeitable shares awarded: 79,100 PPC shares of which 62,500 shares are subject to performance conditions.
Average price at which shares were awarded: R31.19 Value: R2,467,129 Date of award: 16 February 2012 Notification of award: 7 March 2012 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of prescribed officer: Jaco Snyman Designation: Company Secretary Number of forfeitable shares awarded: 35,000 PPC shares of which 19,500 shares are subject to performance conditions.
Average price at which shares were awarded: R31.19 Value: R1,091,650 Date of award: 16 February 2012 Notification of award: 7 March 2012 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Sandton 8 March 2012 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 08/03/2012 17:00:01 Supplied by www.sharenet.co.za 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.

Share This Story