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JD GROUP LIMITED - Dealing in securities by directors: granting of share rights

Release Date: 13/12/2013 14:30
Code(s): JDG     PDF:  
Wrap Text
Dealing in securities by directors: granting of share rights

JD Group Limited
(Registration number 1981/009108/06)
(Incorporated in the Republic of South Africa)
JSE share code: JDG   ISIN: ZAE000030771
JSE bond code: JDGCB  ISIN: ZAE00016841
(“JD Group” or “the Group”)

DEALING IN SECURITIES BY DIRECTORS: GRANTING OF SHARE RIGHTS

In compliance with paragraph 3.63 to 3.66 of the Listings Requirements of the
JSE Limited, the Board and the Remuneration Committee of JD Group (“Remcom”)
wish to inform shareholders of the below-mentioned dealings arising from the
Group`s Long-Term Share Incentive Scheme (“the Scheme”), which Scheme was
approved by shareholders on 20 November 2013.

Grants

Shareholders are advised of the number of rights granted by the Remcom on 12
December 2013, being rights to JD Group ordinary shares of no par value,at a
price of R0-05 per share right, which rights may mature on or about 1
December 2016, subject to the achievement of performance conditions.

The Remcom has granted clearance for the dealing in securities by the below-
mentioned recipients, being the directors and the company secretary of JD
Group, as well as the directors of JD Group’s major subsidiaries.

The following number of share rights were granted:

                           Number of
  Name of director            rights      Executive Director of:
                           
  KR Chauke                  103 826       JD Group
  TLR de Klerk               103 548       JDG Trading
  R Griessel                  67 742       JDG Micro Life/Insurance
  PM Griffiths               215 484       JD Group
  DB Hirsch                   88 710       JDG Trading
  PJ Kimmince                 74 194       JDG Trading
  PC Kruger                   77 890       JDG Trading
  B Stephenson               110 439       JDG Trading
  ID Sussman                 303 024       JD Group
  JHN van der Merwe          242 419       JD Group
  MS van Niekerk              77 419       JDG Trading
  BJ van Rooy                161 613       JD Group
  JMWR Pieterse               54 839       JD Group (Company Secretary)

The extent of the interest in each instances is direct beneficial and the
share rights will expire after the afore-mentioned maturity dates if the
rights have not vested.


13 December 2013
Johannesburg
SPONSOR: PSG Capital Proprietary Limited

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