Wrap Text
Directors Dealing in Securities: Acceptance of share
appreciation rights and shares
THE FOSCHINI GROUP LTD
(Formerly Foschini Ltd)
Reg. No.: 1937/009504/06
Code : TFG
ISIN : ZAE000148466
-
Directors Dealing in Securities: Acceptance of share
appreciation rights and shares
-
In compliance with the requirements of paragraphs 3.63 to 3.74
of the JSE Listings Requirements, the following should be noted:
-
Name : A D Murray
Position : Executive director
Date of Acceptance : 19 July 2012
No. of securities : 62 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : A D Murray
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 16 400
Class : Ordinary shares
Value of transaction: R2 316 992 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 16 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : A D Murray
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 11 500
Class : Ordinary shares
Value of transaction: R1 624 720 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 11 500 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : R Stein
Position : Executive director
Date of Acceptance : 19 July 2012
No. of securities : 32 200
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : R Stein
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 8 400
Class : Ordinary shares
Value of transaction: R1 186752 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 8 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : R Stein
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 5 900
Class : Ordinary shares
Value of transaction: R833 552 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 5 900 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : P S Meiring
Position : Executive director
Date of Acceptance : 19 July 2012
No. of securities : 29 500
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : P S Meiring
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 7 700
Class : Ordinary shares
Value of transaction: R1 087 856 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 7 700 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : P S Meiring
Position : Executive director
Date of Acceptance : 19 July 2012
No. of shares : 5 400
Class : Ordinary shares
Value of transaction: R762 912 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 5 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : M Mendelsohn
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of securities : 23 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : M Mendelsohn
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 6 200
Class : Ordinary shares
Value of transaction: R875 936 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 6 200 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : M Mendelsohn
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 4 400
Class : Ordinary shares
Value of transaction: R621 632 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : A R Bisogno
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of securities : 23 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : A R Bisogno
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 6 200
Class : Ordinary shares
Value of transaction: R875 936 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 6 200 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : A R Bisogno
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 4 400
Class : Ordinary shares
Value of transaction: R621 632 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : D B Gedye
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of securities : 23 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : D B Gedye
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 6 200
Class : Ordinary shares
Value of transaction: R875 936 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 6 200 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : D B Gedye
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 4 400
Class : Ordinary shares
Value of transaction: R621 632 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : G S Naidoo
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of securities : 23 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : G S Naidoo
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 6 200
Class : Ordinary shares
Value of transaction: R875 936 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 6 200 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : G S Naidoo
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 4 400
Class : Ordinary shares
Value of transaction: R621 632 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : B J Curry
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of securities : 23 800
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : B J Curry
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 6 200
Class : Ordinary shares
Value of transaction: R875 936 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 6 200 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : B J Curry
Position Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 19 July 2012
No. of shares : 4 400
Class : Ordinary shares
Value of transaction: R621 632 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
Name : D Sheard
Position Company secretary
Date of Acceptance : 19 July 2012
No. of securities : 3 300
Class : Ordinary shares
Price : R136,22
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods: Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : D Sheard
Position Company secretary
Date of Acceptance : 19 July 2012
No. of shares : 2 100
Class : Ordinary shares
Value of transaction: R296 688 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 2 100 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : D Sheard
Position Company secretary
Date of Acceptance : 19 July 2012
No. of shares : 1 500
Class : Ordinary shares
Value of transaction: R211 920 based on the closing
market price on 20 July 2012 of
R141,28
Consideration : Nil
Nature of Transaction: Acceptance of 1 500 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods: The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
The abovementioned transactions are off-market transactions and
the pre-requisite clearances were obtained.
Cape Town
23 July 2012
SPONSOR
UBS South Africa (Pty) Ltd
-
ENDS
Date: 23/07/2012 05:15:00 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.
Sharenet Sites 
