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SLM - Sanlam Limited - Dealings by directors and the Company Secretary in Sanlam

Release Date: 11/06/2012 17:05
Code(s): SLM
Wrap Text

SLM - Sanlam Limited - Dealings by directors and the Company Secretary in Sanlam securities Sanlam Limited (Incorporated in the Republic of South Africa) Registration number 1959/001562/06 JSE share code: SLM NSX share code: SLA ISIN: ZAE000070660 ("Sanlam") Dealings by Directors and the Company Secretary in Sanlam securities In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by Sanlam directors and the Sanlam Company Secretary in Sanlam securities: Director: T Mvusi Category of director: Executive director Class of security: Ordinary shares Nature of interest: Direct, beneficial Nature of transaction: Personal transactions Nature of agreement: Deferred Share Plan and Performance Deferred Share Plan
Date of transaction 1: 7 June 2012 Expiry date 1 June 2017 Total number of units: 44 692 Value per unit: R33.91 Total transaction value: Conditional value of R1 515 506 Prior authority to transact Yes obtained: Nature of trade 1: Acceptance of conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan (approved long-term incentive plans) to receive fully paid-up shares in
future should certain pre-determined hurdles be met
Nature of agreement: Deferred and Performance Share Plans Date of transaction 2: 7 June 2012 Total number of units: 49 200 Value per unit: R33.72 Total transaction value: R1 659 024 Prior authority to transact Yes obtained: Nature of trade 2: Delivery of Sanlam ordinary shares under the Deferred and Performance Share Plans
Nature of agreement: Deferred and Performance Share Plans Date of transaction 3: 7 June 2012 Total number of units: 19 851 Price received per unit: R33,91 Total transaction value: R673 147 Prior authority to transact Yes obtained: Nature of trade 3: Sale of Sanlam ordinary shares on market to cover income tax obligation under Deferred and Performance Share Plans Director: JP Moller Category of director: Executive director Class of security: Ordinary shares Nature of interest: Direct, beneficial Nature of transaction: Personal transaction Nature of agreement: Deferred Share Plan and Performance Deferred Share Plan Date of transaction 1: 7 June 2012 Expiry date 1 June 2017 Total number of units: 79 751 Value per unit: R33.91 Total transaction value: Conditional value of R2 704 356 Prior authority to transact Yes obtained: Nature of trade 1: Acceptance of conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan
(approved long-term incentive plans) to receive fully paid-up shares in future should certain pre-determined hurdles be met
Nature of agreement: Deferred and Performance Share Plans Date of transaction 2: 7 June 2012 Total number of units: 104 656 Value per unit: R33.72 Total transaction value: R3 529 000 Prior authority to transact Yes obtained: Nature of trade 2: Delivery of Sanlam ordinary shares under the Deferred and Performance Share Plans.
Nature of agreement: Deferred and Performance Share Plans Date of transaction 3: 7 June 2012 Total number of units: 42 227 Price received per unit: R33.91 Total transaction value: R1 431 918 Prior authority to transact Yes obtained: Nature of trade 3: Sale of Sanlam ordinary shares on market to cover income tax obligation under Deferred and Performance Share
Plan Director: J van Zyl Category of director: Executive director Class of security: Ordinary shares Nature of interest: Direct, beneficial Nature of transaction: Personal transaction Nature of agreement: Deferred and Performance Share Plans Date of transaction 1: 7 June 2012 Total number of units: 222 269 Value per unit: R33.72 Total transaction value: R7 494 910 Prior authority to transact Yes obtained: Nature of trade 1: Delivery of Sanlam ordinary shares under the Deferred and Performance Share Plans.
Nature of agreement: Deferred and Performance Share Plans Date of transaction 2: 7 June 2012 Total number of units: 89 681 Price received per unit: R33.91 Total transaction value: R3 041 083 Prior authority to transact Yes obtained: Nature of trade 2: Sale of Sanlam ordinary shares on market to cover income tax obligation under Deferred and Performance Share
Plans Director: Y Muthien Category of director: Executive director Class of security: Ordinary shares Nature of interest: Direct, beneficial Nature of transaction: Personal transaction Nature of agreement: Deferred Share Plan and Performance Deferred Share Plan Date of transaction: 7 June 2012 Expiry date 1 June 2017 Total number of units: 13 413 Value per unit: R33.91 Total transaction value: Conditional value of R454 835 Prior authority to transact Yes obtained: Nature of trade: Acceptance of conditional undertaking under the Deferred Share Plan and Performance Deferred Share Plan
(approved long term incentive plans) to receive fully paid-up shares in future should certain pre-determined performance hurdles by met
Company secretary: S Bray Class of security: Ordinary shares Nature of interest: Direct, beneficial Nature of transaction: Personal transaction Nature of agreement: Deferred Share Plan and Performance Share Plan Date of transaction: 7 June 2012 Expiry date 1 June 2017 Total number of units: 4 171 Value per unit: R33.91 Total transaction value: Conditional value of R141 439 Prior authority to transact Yes obtained: Nature of trade: Acceptance of a conditional undertaking under the Deferred Share Plan and Performance Deferred Share
Plan (approved long-term incentive plans) to receive fully paid-up shares in future should certain pre- determined performance hurdles be met
Bellville 11 June 2012 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 11/06/2012 17:05:01 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.

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