MMI HOLDINGS LIMITED - Dealing in Securities by Directors

Release Date: 05/01/2015 11:50
Code(s): MMI
 
Wrap Text
Dealing in Securities by Directors

MMI Holdings Limited
Incorporated in the Republic of South Africa
Registration Number: 2000/031756/06
JSE share code: MMI
NSX share code: MIM
ISIN: ZAE000149902
("MMI")

DEALING IN SECURITIES BY DIRECTORS

Following the maturity of the staff and director components of
FirstRand Limited’s 2005 Black Economic Empowerment transaction and
consequent unwind of the FirstRand Black Employee Trust (“FRBET”)
and the FirstRand Black Non-executive Directors Trust (“FRBNEDT”) on
31 December 2014, shareholders are advised that the following MMI
directors have received MMI ordinary shares:

Director                        : Sizwe Errol Nxasana
Company                         : MMI Holdings Limited
Nature of transaction           : Off-market delivery of shares in
                                  terms of the FRBET and FRBNEDT
Class of securities             : Ordinary shares
Date of transaction             : 31 December 2014
Number of shares                : 263 871 (FRBET: 131 204 and
                                  FRBNEDT: 132 667)
Market value per share          : 30.19
Total value of transaction      : R7 966 265
Nature of interest              : Direct beneficial
Clearance obtained              : Yes

Director                        : Khehla Cleopas Shubane
Company                         : MMI Holdings Limited
Nature of transaction           : Off-market delivery of shares in
                                  terms of the FRBNEDT
Class of securities             : Ordinary shares
Date of transaction             : 31 December 2014
Number of shares                : 132 667
Market value per share          : 30.19
Total value of transaction      : R4 005 217
Nature of interest              : Direct beneficial
Clearance obtained              : Yes

Director                        : Benedict James van der Ross
Company                         : MMI Holdings Limited
Nature of transaction           : Off-market delivery of shares in
                                  terms of the FRBNEDT
Class of securities             : Ordinary shares
Date of transaction             : 31 December 2014
Number of shares              :   132 667
Market value per share        :   30.19
Total value of transaction    :   R4 005 217
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes


Centurion
05 January 2015

Sponsor
Merrill Lynch South Africa (Pty) Ltd

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