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

PRETORIA PORTLAND CEMENT COMPANY LD - Dealings in Securities by Directors of PPC

Release Date: 02/10/2012 13:29
Code(s): PPC     PDF:  
Wrap Text
Dealings in Securities by Directors of PPC

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
JSE ISIN: ZAE000125886
(“PPC” or the “Company”)

DEALINGS IN SECURITIES BY DIRECTORS OF PPC

In accordance with paragraph 3.63 of the JSE Listings Requirements,
shareholders are advised that the following directors and company secretary
of the company were awarded shares, the salient details of which are set
out below:

ALLOCATION OF FORFEITABLE SHARES IN TERMS OF THE COMPANY’S FORFEITABLE
SHARE PLAN (“FSP shares”)


Name of executive director:                    Peter Esterhuysen
Designation:                                   Executive Director Business
Development
Number of shares awarded:                      88 000 FSP shares all of which
                                               are subject to performance
                                               conditions.
Price at which shares were awarded:            R29.00.
Value:                                         R2 552 000.
Date of award:                                 28 September 2012.
Notification of award:                         28 September 2012.
Vesting period:                                These FSP shares have a
                                               vesting term of 2 years and
                                               4 months.
Nature of transaction:                         Direct beneficial
Clearance:                                     Yes


Name of executive director:                    Tryphosa Ramano
Designation:                                   Chief Financial Officer
Number of shares awarded:                      96 800 FSP shares all of which
                                               are subject to performance
                                               conditions.
Price at which shares were awarded:            R29.00.
Value:                                         R2 807 200.
Date of award:                                 28 September 2012.
Notification of award:                         28 September 2012.
Vesting period:                                These FSP shares have a
                                               vesting term of 2 years and
                                               4 months.
Nature of transaction:                         Direct beneficial
Clearance:                                     Yes


ALLOCATION IN TERMS OF THE SECOND PHASE BEE TRANSACTION (“BEE shares”)


Name of executive director:                    Salim Abdul Kader
Designation:                                   Managing Director:
                                               South Africa
Number of shares awarded:                      319 228 BEE shares subject to
                                               vesting conditions.
Price at which shares were awarded:            R28.17.
Value:                                         R8 992 653.
Date of award:                                 1 October 2012.
Notification of award:                         1 October 2012.
Vesting period:                                7 years from award date
Nature of transaction:                         BEE shares are held through an
                                               employee share trust
Clearance:                                     Yes


Name of executive director:                    Peter Esterhuysen
Designation:                                   Executive Director
                                               Business Development
Number of shares awarded:                      34 720 BEE shares subject to
                                               vesting conditions.
Price at which shares were awarded:            R28.17.
Value:                                         R978 062.
Date of award:                                 1 October 2012.
Notification of award:                         1 October 2012.
Vesting period:                                7 years from award date
Nature of transaction:                         BEE shares are held through an
                                               employee share trust
Clearance:                                     Yes


Name of executive director:                    Sello Helepi
Designation:                                   Director Organisational
                                               Performance and Transformation
Number of shares awarded:                      246 532 BEE shares subject to
                                               vesting conditions.
Price at which shares were awarded:            R28.17.
Value:                                         R6 944 806.
Date of award:                                 1 October 2012.
Notification of award:                         1 October 2012.
Vesting period:                                7 years from award date
Nature of transaction:                         BEE shares are held through an
                                               employee share trust
Clearance:                                     Yes


Name of director:                             Peter Malungani
Designation:                                  Non-executive director
Number of shares awarded:                     1 519 281 BEE shares subject
                                              to vesting conditions.
Price at which shares were awarded:           R28.17.
Value:                                        R42 798 146.
Date of award:                                1 October 2012.
Notification of award:                        1 October 2012.
Vesting period:                               7 years from award date
Nature of transaction:                        BEE shares are held through
                                              the PPC Strategic Business
                                              Partners SPV Pty Ltd.
Clearance:                                    Yes


Name of director:                             Sydney Mhlarhi
Designation:                                  Non-executive director
Number of shares awarded:                     498 243 BEE shares subject to
                                              vesting conditions.
Price at which shares were awarded:           R28.17.
Value:                                        R14 035 505.
Date of award:                                1 October 2012.
Notification of award:                        1 October 2012.
Vesting period:                               7 years from award date
Nature of transaction:                        BEE shares are held through
                                              the PPC Strategic Business
                                              Partners SPV Pty Ltd.
Clearance:                                    Yes



Name of executive director:                  Tryphosa Ramano
Designation:                                 Chief Financial Officer
Number of shares awarded:                    372 737 BEE shares subject to
                                             vesting conditions.
Price at which shares were awarded:          R28.17.
Value:                                       R10 500 001.
Date of award:                               1 October 2012.
Notification of award:                       1 October 2012.
Vesting period:                              7 years from award date
Nature of transaction:                       BEE shares are held through an
                                             employee share trust
Clearance:                                   Yes


Name of executive:                           Jaco Snyman
Designation:                                 Company Secretary
Number of shares awarded:                    18 167 BEE shares subject to
                                             vesting conditions.
Price at which shares were awarded:          R28.17.
Value:                                       R511 764.
Date of award:                               1 October 2012.
Notification of award:                       1 October 2012.
Vesting period:                              7 years from award date
Nature of transaction:                       BEE shares are held through an
                                             employee share trust
Clearance:                                   Yes

ALLOCATION IN TERMS OF THE BEE TRANSACTION TO THE PPC MKHULU TRUST


Name of executive director:                  Salim Abdul Kader
Designation:                                 Managing Director:
                                             South Africa
Number of shares awarded:                    2541 shares.
Price at which shares were awarded:          R29.00.
Value:                                       R73 689.
Date of award:                               28 September 2012.
Notification of award:                       28 September 2012.
Vesting period:                              15 months from the award date
Nature of transaction:                       Held through the PPC
                                             Mkhulu Trust
Clearance:                                   Yes


Name of executive director:                  Sello Helepi
Designation:                                 Director Organisational
                                             Performance and Transformation
Number of shares awarded:                    2541 shares.
Price at which shares were awarded:          R29.00.
Value:                                       R73 689.
Date of award:                               28 September 2012.
Notification of award:                       28 September 2012.
Vesting period:                              15 months from the award date
Nature of transaction:                       Held through the PPC Mkhulu
                                             Trust
Clearance:                                   Yes


Name of executive director:                  Tryphosa Ramano
Designation:                                 Chief Financial Officer
Number of shares awarded:                    2541 shares
Price at which shares were awarded:          R29.00.
Value:                                       R73 689.
Date of award:                               28 September 2012.
Notification of award:                       28 September 2012.
Vesting period:                              15 months from the award date
Nature of transaction:                       Held through the PPC Mkhulu
                                             Trust
Clearance:                                   Yes

All the aforementioned trades were done off-market.

Sandton
2 October 2012
Sponsor:
Merrill Lynch South Africa (Pty) Limited

Date: 02/10/2012 01:29:00 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.

Share This Story