Wrap Text
Dealing in securities by directors, prescribed officers and the company secretary
Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
("the Company")
DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS AND THE COMPANY
SECRETARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
ACCEPTANCE OF PERFORMANCE SHARE AWARDS TO DIRECTORS AND PRESCRIBED OFFICERS
DIRECTORS OF THE COMPANY
Name : BW Strong
Office held : Chief Executive Officer
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 84,377
Award price : R26.84
Total value of award : R2,264,678.68
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : BDV Clark
Office held : Chief Financial Officer
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 63,595
Award price : R26.84
Total value of award : R1,706,889.80
Nature of interest : Direct beneficial
Clearance obtained : Yes
PRESCRIBED OFFICERS OF THE COMPANY
Name : RP von Veh
Office held : Managing Director – Corrugated Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 68,926
Award price : R26.84
Total value of award : R1,849,973.84
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : HM Thompson
Office held : Managing Director – Paper Manufacturing
Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 58,012
Award price : R26.84
Total value of award : R1,557,042.08
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : N Naidoo
Office held : Managing Director – Plastics Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 44,430
Award price : R26.84
Total value of award : R1,192,501.20
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : JW Hunt
Office held : Managing Director
Company : Mpact Recycling (Pty) Ltd
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
performance share awards vesting in March
2017 subject to the achievement of agreed
targets
Class of securities : Ordinary shares
Number of performance shares : 36,321
Award price : R26.84
Total value of award : R974,855.64
Nature of interest : Direct beneficial
Clearance obtained : Yes
Performance criteria : One half on Total Shareholder Return
compared to companies included in the JSE
Packaging Index over three years and one
half on Return on Capital Employed over
three years.
Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.
ACCEPTANCE OF BONUS SHARE GRANTS TO DIRECTORS, PRESCRIBED OFFICERS AND THE
COMPANY SECRETARY
DIRECTORS OF THE COMPANY
Name : BW Strong
Office held : Chief Executive Officer
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 56,649
Award price : R26.84
Total value of award : R1,520,459.16
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : BDV Clark
Office held : Chief Financial Officer
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 43,047
Grant price : R26.84
Total value of award : R1,155,381.48
Nature of interest : Direct beneficial
Clearance obtained : Yes
PRESCRIBED OFFICERS OF THE COMPANY
Name : RP von Veh
Office held : Managing Director – Corrugated Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 42,415
Award price : R26.84
Total value of award : R1,138,418.60
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : HM Thompson
Office held : Managing Director – Paper Manufacturing
Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 44,603
Grant price : R26.84
Total value of award : R1,197,144.52
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : N Naidoo
Office held : Managing Director – Plastics Division
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 5,903
Grant price : R26.84
Total value of award : R158,436.52
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : JW Hunt
Office held : Managing Director
Company : Mpact Recycling (Pty) Ltd
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 28,954
Grant price : R26.84
Total value of award : R777,125.36
Nature of interest : Direct beneficial
Clearance obtained : Yes
COMPANY SECRETARY OF THE COMPANY
Name : MN Sepuru
Office held : Company Secretary
Company : Mpact Limited
Date of transaction : 5 June 2014
Nature of transaction : Off-market acceptance of conditional
bonus share grants vesting in March 2017
Class of securities : Ordinary shares
Number of bonus shares : 6,902
Award price : R26.84
Total value of award : R185,249.68
Nature of interest : Direct beneficial
Clearance obtained : Yes
Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.
Melrose Arch
6 June 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 06/06/2014 11:21:00 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.