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SANLAM LIMITED - Directors and Company Secretary dealings in Sanlam securities

Release Date: 09/06/2014 17:26
Code(s): SLM     PDF:  
Wrap Text
Directors and Company Secretary 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”)

Directors’ and Company Secretary dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by directors and the Company Secretary in Sanlam
securities:

Director:                          JP Möller
Category of director:              Executive Director
Date of transaction:               05 June 2014
Total number of units:             115 151
Market value per share:            R61,36
Total deemed value:                R7 066 057
Price paid on delivery:            R0,00
The nature and extent of the       Direct beneficial
director’s interest in the
transaction:
Class of securities:               Ordinary
Nature of transaction:             Delivery of Sanlam ordinary shares
                                   under Deferred and Performance Share
                                   Plans
On market/Off market trade:        Off Market
Prior authority to transact        Yes
obtained:


Director:                          JP Möller
Category of director:              Executive Director
Date of transaction:               05 June 2014
Total number of units:             115 151
Class of securities:               Ordinary shares
Nature of interest:                Direct beneficial
Nature of transaction:             Sale of Sanlam ordinary shares under
                                   Deferred and Performance Share Plans
Highest   price   per  share    of R62,09
transaction:
Lowest   price   per   share    of R59,86
transaction:
Volume weighted average price      R61,36
per share of transaction:
Total transaction value:           R7 066 057
On market/Off market trade:        On Market
Prior authority to transact       Yes
obtained:


Director:                         JP Möller
Category of director:             Executive Director
Date of transaction:              05 June 2014
Total number of units:            136 800
Market value per share            R61,36
Total deemed value:               R8 394 513
Class of securities:              Ordinary shares
Nature of interest:               Direct beneficial
Nature of transaction:            Sale of Sanlam ordinary shares under
                                  the Restricted Share Plan
Highest price per share of        R62,09
transaction:
Lowest price per share of         R59,86
transaction:
Volume weighted average price     R61,36
per share of transaction:
Total transaction value:          R8 394 513
On market/Off market trade:       On Market
Prior authority to transact       Yes
obtained:


Name of director:                 JP Möller
Designation:                      Executive Director
Date of transaction:              06 June 2014
Class of security:                Ordinary shares
Nature of transaction:            Acceptance of a conditional
                                  undertaking under the Deferred Share
                                  Plan and Performance Deferred Share
                                  Plan (long-term retention with
                                  performance hurdles)
Retention and performance         Six years until 01 June 2020
period:
Total number of units:            53 750
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          R nil (Conditional value based on
                                  the closing market price of a Sanlam
                                  share of R61,80 amounts to
                                  R3 321 750)

Prior authority to transact       Yes
obtained:
On market/Off market trade:       N/A
Director:                       J van Zyl
Category of director:           Executive Director
Date of transaction:            05 June 2014
Total number of units:          174 516
Market value per share:         R61,36
Total deemed value:             R10 708 895
Price paid on delivery:         R0,00
The nature and extent of the    Direct beneficial
director’s interest in the
transaction:
Class of securities:            Ordinary shares
Nature of transaction:          Delivery of Sanlam ordinary shares
                                under Deferred and Performance Share
                                Plans
On market/Off market trade:     Off Market
Prior authority to transact     Yes
obtained:


Director:                       J van Zyl
Category of director:           Executive Director
Date of transaction:            05 June 2014
Total number of units:          174 516
Class of securities:            Ordinary shares
Nature of interest:             Direct beneficial
Nature of transaction:          Sale of Sanlam ordinary shares under
                                Deferred and Performance Share Plans
Highest price per share of      R62,09
transaction:
Lowest price per share of       R59,86
transaction:
Volume weighted average price   R61,36
per share of transaction:
Total transaction value:        R10 708 895
On market/Off market trade:     On Market
Prior authority to transact     Yes
obtained:


Director:                       J van Zyl
Category of director:           Executive Director
Date of transaction:            05 June 2014
Total number of units:          273 600
Market value per share:         R61,36
Total deemed value:             R16 789 026
Class of securities:            Ordinary shares
Nature of interest:             Direct beneficial
Nature of transaction:          Sale of Sanlam ordinary shares under
                                the Restricted Share Plan
Highest price per share of      R62,09
transaction:
Lowest price per share of          R59,86
transaction:
Volume weighted average price      R61,36
per share of transaction:
Total transaction value:           R16 789 026
On market/Off market trade:        On Market
Prior authority to transact        Yes
obtained:


Director:                          T Mvusi
Category of director:              Executive Director
Date of transaction:               05 June 2014
Total number of units:             62 918
Market value per share:            R61,36
Total deemed value:                R3 860 862
Price paid on delivery:            R0,00
The nature and extent of the       Direct beneficial
director’s interest in the
transaction:
Class of securities:               Ordinary shares
Nature of transaction:             Delivery of Sanlam ordinary shares
                                   under Deferred and Performance Share
                                   Plans
On market/Off market trade:        Off Market
Prior authority to transact        Yes
obtained


Director:                          T Mvusi
Category of director:              Executive Director
Date of transaction:               05 June 2014
Total number of units:             62 918
Class of securities:               Ordinary shares
Nature of interest:                Direct beneficial
Nature of transaction:             Sale of Sanlam ordinary shares under
                                   Deferred and Performance Share Plans
Highest   price   per  share    of R62,09
transaction:
Lowest   price   per   share of    R59,86
transaction:
Volume weighted average price      R61,36
per share of transaction:
Total transaction value:           R3 860 862
On market/Off market trade:        On Market
Prior authority to transact        Yes
obtained:
Director:                         T Mvusi
Category of director:             Executive Director
Date of transaction:              05 June 2014
Total number of units:            68 400
Market value per share:           R61,36
Total deemed value:               R4 197 256
Class of securities:              Ordinary shares
Nature of interest:               Direct beneficial
Nature of transaction:            Sale of Sanlam ordinary shares under
                                  the Restricted Share Plan
Highest price per share of        R62,09
transaction:
Lowest price per share of         R59,86
transaction:
Volume weighted average price     R61,36
per share of transaction:
Total transaction value:          R4 197 256
On market/Off market trade:       On Market
Prior authority to transact       Yes
obtained:


Name of director:                 T Mvusi
Designation:                      Executive Director
Date of transaction:              06 June 2014
Class of security:                Ordinary shares
Nature of transaction:            Acceptance of a conditional
                                  undertaking under the Deferred Share
                                  Plan and Performance Deferred Share
                                  Plan (long-term retention with
                                  performance hurdles)
Retention and performance         Six years until 01 June 2020
period:
Total number of units:            27 099
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          R nil (Conditional value based on
                                  the closing market price of a Sanlam
                                  share of R61,80 amounts to R1 674
                                  718)
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A


Director:                         S Bray
Category of director:             Group Company Secretary
Date of transaction:              05 June 2014
Total number of units:            14 227
Market value per share:           R61,36
Total deemed value:               R873 017
Price paid on delivery:           R0,00
The nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Delivery of Sanlam ordinary shares
                                  under Deferred and Performance Share
                                  Plans
On market/Off market trade        Off Market
Prior authority to transact       Yes
obtained:


Director:                         S Bray
Category of director:             Group Company Secretary
Date of transaction:              05 June 2014
Total number of units:            14 227
Class of securities:              Ordinary shares
Nature of interest:               Direct beneficial
Nature of transaction:            Sale of Sanlam ordinary shares under
                                  Deferred and Performance Share Plans
Highest   price   per  share   of R62,09
transaction:
Lowest   price   per   share of   R59,86
transaction:
Volume weighted average price     R61,36
per share of transaction:
Total transaction value:          R873 017
On market/Off market trade        On Market
Prior authority to transact       Yes
obtained:


Name of director:                 S Bray
Designation:                      Group Company Secretary
Date of transaction:              06 June 2014
Class of security:                Ordinary shares
Nature of transaction:            Acceptance of a conditional
                                  undertaking under the Deferred Share
                                  Plan and Performance Deferred Share
                                  Plan (long-term retention with
                                  performance hurdles)
Retention and performance         Six years until 01 June 2020
period:
Total number of units:            14 441
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          R nil (Conditional value based on
                                  the closing market price of a Sanlam
                                  share of R61,80 amounts to R892 454)
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A


Name of director:                 Y Ramiah
Designation:                      Executive Director
Date of transaction:              06 June 2014
Class of security:                Ordinary shares
Nature of transaction:            Acceptance of a conditional
                                  undertaking under the Deferred Share
                                  Plan and Performance Deferred Share
                                  Plan (long-term retention with
                                  performance hurdles)
Retention and performance         Six years until 01 June 2020
period:
Total number of units:            24 291
Nature and extent of director’s   Direct beneficial
interest:
Total transaction value:          R nil (Conditional value based on
                                  the closing market price of a Sanlam
                                  share of R61,80 amounts to R1 501
                                  184)
Prior authority to transact       Yes
obtained:
Nature of trade:                  N/A

Bellville
09 June 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 09/06/2014 05:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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