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Directors' dealings in securities
METAIR INVESTMENTS LIMITED
(Reg No. 1948/031013/06)
(Incorporated in the Republic of South Africa)
Share code : MTA
ISIN code : ZAE000090692
(“Metair” or “the Company”)
DIRECTORS’ DEALINGS IN SECURITIES
In terms of paragraph 3.63 of the JSE Limited Listings Requirements
(“Listings Requirements”), we hereby advise of the following acceptances of
performance shares and bonus shares, which may be settled in cash or Metair
shares, in terms of The Metair Investments Limited 2009 Share Plan, by
directors of the Company and its major subsidiaries (“Participants”).
The terms and conditions of the bonus shares are:
Date of award 2 April 2013
Number of bonus shares awarded to 171,303
Participants
Price paid per bonus share Nil
Total value of transaction Nil
Class of securities Bonus shares over ordinary shares
Nature of transaction Acceptance of awards
Vesting date 2 April 2016
Vesting period 100% vesting on 3rd anniversary of the
award
Transaction completed on market No
Clearance obtained in terms of Yes
paragraph 3.66 of the Listings
Requirements
The terms and conditions of the performance shares are:
Date of award 2 April 2013
Number of performance shares awarded 126,310
to Participants
Price paid per performance share Nil
Total value of transaction Nil
Class of securities Performance shares over ordinary
shares
Nature of transaction Acceptance of awards
Vesting date 2 April 2016
Vesting period Performance shares will vest on the
3rd anniversary of their award to the
extent that the Company has met
specified performance criteria over
the intervening period
Transaction completed on market No
Clearance obtained in terms of Yes
paragraph 3.66 of the Listings
Requirements
The bonus shares and performance shares were accepted by the following
Participants:
No. of No. of
bonus performance
shares shares Nature of
Director Company name accepted accepted interest
Smiths
Manufacturing Direct
Mr K. Lello (Pty) Ltd 15,143 9,932 beneficial
Smiths
Manufacturing Direct
Mr S. Camphor (Pty) Ltd 3,586 beneficial
Smiths
Manufacturing Direct
Mr F. Ziemkendorf (Pty) Ltd 2,594 3,700 beneficial
Smiths
Manufacturing Direct
Mr J. Esterhuizen (Pty) Ltd 9,435 5,585 beneficial
Smiths
Manufacturing Direct
Mr S. Konar (Pty) Ltd 3,606 3,967 beneficial
Smiths
Manufacturing Direct
Mr N. Oxenham (Pty) Ltd 3,494 3,873 beneficial
Smiths
Manufacturing Direct
Mr P. Vermaak (Pty) Ltd 3,097 3,559 beneficial
Metindustrial Direct
Mr L. Denner (Pty) Ltd 12,531 9,855 beneficial
Metindustrial Direct
Ms H. McLachlan (Pty) Ltd 7,471 4,425 beneficial
Metindustrial Direct
Mr R. Bezuidenhout (Pty) Ltd 6,975 4,242 beneficial
Metindustrial Direct
Mr J. Ward (Pty) Ltd 1,473 3,162 beneficial
Metindustrial Direct
Mr A. Webb (Pty) Ltd 6,531 3,958 beneficial
Metindustrial Direct
Mr M. Slattery (Pty) Ltd 6,898 4,209 beneficial
Metindustrial Direct
Mr N. Mavhungu (Pty) Ltd 3,193 4,297 beneficial
No. of No. of
bonus performance
shares shares Nature of
Director Company name accepted accepted interest
Metindustrial Direct
Mr C. Mahlanu (Pty) Ltd 920 2,421 beneficial
Metindustrial Direct
Mr A. Becker (Pty) Ltd 14,012 8,865 beneficial
Metindustrial Direct
Mr B. Sivlal (Pty) Ltd 8,760 4,705 beneficial
Metindustrial Direct
Mr C. Ellison (Pty) Ltd 7,418 3,911 beneficial
Metindustrial Direct
Mr M. de Lange (Pty) Ltd 1,875 4,826 beneficial
Metindustrial Direct
Mr M. Barley (Pty) Ltd 8,111 4,350 beneficial
Direct
Mr C.T. Loock Metair 30,222 19,962 beneficial
Direct
Mr B.M. Jacobs Metair 17,544 8,920 beneficial
Johannesburg
2 April 2013
Sponsor:
One Capital
Date: 02/04/2013 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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