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SANLAM LIMITED - Directors dealings in Sanlam securities

Release Date: 11/06/2013 17:41
Code(s): SLM     PDF:  
Wrap Text
Director’s dealings 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”)

Director’s dealings in Sanlam securities

In compliance with paragraphs 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by a director in Sanlam securities:

Name of Director:                          J van Zyl
Designation:                               Group Chief Executive
Class of securities:                       Ordinary shares
Nature of transaction:                     On-market sale of Sanlam
                                           ordinary shares under the
                                           Restricted Share Plan to
                                           meet income tax obligation
Date of transaction:                       7 June 2013
Total number of units:                     349 800
Price per unit:                            VWAP:R47.14
                                           Highest price: R47.40
                                           Lowest price: R46.82
Total transaction value:                   R 16 489 992
Prior authority to transact
obtained:                                  Yes
Nature and extent of director’s
interest:                                  Direct beneficial


Name of Director:                          J P Möller
Designation:                               Financial Director
Class of securities:                       Ordinary shares
Nature of transaction:                     On-market sale of Sanlam
                                           ordinary shares under the
                                           Restricted Share Plan to
                                           meet income tax obligation
Date of transaction:                       7 June 2013
Total number of units:                     116 600
Price per unit:                            VWAP:R47.14
                                           Highest price: R47.40
                                           Lowest price: R46.82
Total transaction value:                   R5 496 664
Prior authority to transact
obtained:                                  Yes
Nature and extent of director’s
interest:                                  Direct beneficial
Name of Director:                 T Mvusi
Designation:                      Chief Executive: Group
                                  Market Development
Class of securities:              Ordinary shares
Nature of transaction:            On-market sale of Sanlam
                                  ordinary shares under the
                                  Restricted Share Plan to
                                  meet income tax obligation
Date of transaction:              7 June 2013
Total number of units:            19 378
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R913 502
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 J van Zyl
Designation:                      Group Chief Executive
Class of securities:              Ordinary shares
Nature of transaction:            Delivery of Sanlam ordinary
                                  shares under Deferred and
                                  Performance Share Plans
Date of transaction:              7 June 2013
Total number of units:            263 769
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R 12 434 387
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 J P Möller
Designation:                      Financial Director
Class of securities:              Ordinary shares
Nature of transaction:            Delivery of Sanlam ordinary
                                  shares under Deferred and
                                  Performance Share Plans
Date of transaction:              7 June 2013
Total number of units:            111 417
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R 5 252 331
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 T Mvusi
Designation:                      Chief Executive: Group
                                  Market Development
Class of securities:              Ordinary shares
Nature of transaction:            Delivery of Sanlam ordinary
                                  shares under Deferred and
                                  Performance Share Plans
Date of transaction:              7 June 2013
Total number of units:            68 095
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R3 210 080
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 J van Zyl
Designation:                      Group Chief Executive
Class of securities:              Ordinary shares
Nature of transaction:            On-market sale of Sanlam
                                  ordinary shares to cover
                                  income tax obligation under
                                  Deferred and Performance
                                  Share Plan
Date of transaction:              7 June 2013
Total number of units:            106 300
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R5 011 110
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 J P Möller
Designation:                      Financial Director
Class of securities:              Ordinary shares
Nature of transaction:            On-market sale of Sanlam
                                  ordinary shares under
                                  Deferred and Performance
                                  Share Plan
Date of transaction:              7 June 2013
Total number of units:            111 417
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R5 252 331
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial



Name of Director:                 T Mvusi
Designation:                      Chief Executive: Group
                                  Market Development
Class of securities:              Ordinary shares
Nature of the transaction:        On-market sale of Sanlam
                                  ordinary shares under
                                  Deferred and Performance
                                  Share Plan
Date of transaction:              7 June 2013
Total number of units:            68 095
Price per unit:                   VWAP:R47.14
                                  Highest price: R47.40
                                  Lowest price: R46.82
Total transaction value:          R3 210 080
Prior authority to transact
obtained:                         Yes
Nature and extent of director’s
interest:                         Direct beneficial


Name of Director:                 J P Möller
Designation:                      Financial Director
Class of securities:              Ordinary Shares
The nature of the transaction:    Acceptance of a conditional
                                  undertaking under the
                                  Deferred Share Plan and
                                  Performance Deferred Share
                                  Plan to receive fully paid-
                                  up shares in future should
                                  certain pre-determined
                                  performance hurdles be met
Scheme period:                    Six years
Scheme expiry date:               1 June 2019
Date of transaction:              7 June 2013
Total number of units:            61 259
Total transaction value:          R nil (Conditional Value of
                                  R2 890 200)
Prior authority to transact
obtained:                             Yes
Nature and extent of director’s
interest:                              Direct beneficial
Name of Director:                      T Mvusi
Designation:                           Chief Executive: Group
                                       Market Development
Class of securities: Ordinary Shares
Nature of transaction:                 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.
Scheme period:                         Six years
Scheme expiry date:                    1 June 2019
Date of transaction:                   7 June 2013
Total number of units:                 33 022
Total transaction value:               R nil (Conditional Value of
                                       R1 557 978)
Prior authority to transact
obtained:                              Yes
Nature and extent of director’s
interest:                              Direct beneficial


Name of Director:                      Y Ramiah
Designation:                           Chief Executive: Sanlam
                                       Brand
Class of securities:                   Ordinary Shares
Nature of the transaction:             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
Scheme period:                         Six years
Scheme expiry date:                    1 June 2019
Date of transaction:                   7 June 2013
Total number of units:                 67 331
Total transaction value:               R nil (Conditional Value of
                                       R3 176 677)
Prior authority to transact
obtained:                              Yes
Nature and extent of director’s
interest:                              Direct beneficial
Name:                                   S Bray
Designation:                            Company Secretary
Class of securities:                    Ordinary Shares
Nature of transaction:                  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
Scheme period:                          Six years
Scheme expiry date:                     1 June 2019

Total number of units:                  16 485
Total transaction value:                R nil (Conditional Value of
                                        R777 762)
Prior authority to transact
obtained:                               Yes
Nature and extent of director’s
interest:                               Direct beneficial


Bellville
11 June 2013

Sponsor
Deutsche Securities (SA) Proprietary Limited

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