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MURRAY & ROBERTS HOLDINGS LIMITED - Allocation of forfeitable shares in terms of the Murray & Roberts Holdings Forfeitable Share Plan ("FSP")

Release Date: 02/03/2015 14:00
Code(s): MUR     PDF:  
Wrap Text
Allocation of forfeitable shares in terms of the Murray & Roberts Holdings Forfeitable Share Plan ("FSP")

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Company”)

Allocation of forfeitable shares in terms of the Murray & Roberts Holdings Forfeitable
Share Plan (“FSP”)

Shareholders are advised of the award of forfeitable shares in terms of the FSP to executive
directors of Murray & Roberts and to executive directors of subsidiary company Murray &
Roberts Limited on 1 March 2015. In terms of the rules of the FSP, the forfeitable shares will
be held in escrow until the vesting date.

The forfeitable shares allocated under the FSP are subject to performance conditions based
on Return on Invested Capital Employed, Relative Total Shareholder Return and Free
Cashflow per Share. The vesting period is three years from the date of award and vesting is
subject to the performance conditions and continued employment by the executives.

The required shares will be bought on market. The nature of interest of each award to
participants of the FSP is direct and beneficial. Clearance to deal in these securities has
been obtained in terms of paragraph 3.66 of the Listings Requirements of the JSE Limited.

Name of director:                  HJ Laas
Company:                           Murray & Roberts Holdings Limited
Forfeitable shares awarded:        123 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R2 350 530-00

Name of director:                  AJ Bester
Company:                           Murray & Roberts Holdings Limited
Forfeitable shares awarded:        78 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R1 490 580-00

Name of subsidiary director:       O Fenn
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        57 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R1 089 270-00

Name of subsidiary director:       JN Govender
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        57 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R1 089 270-00

Name of subsidiary director:       IW Henstock
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        45 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R859 950-00

Name of subsidiary director:       WT Mdluli
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        45 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R859 950-00

Name of subsidiary director:       FP Saieva
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        57 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R1 089 270-00

Name of subsidiary director:       RAG Skudder
Subsidiary company:                Murray & Roberts Limited
Forfeitable shares awarded:        45 000 ordinary shares
Award price per share:             R19.11
Value of transaction:              R859 950-00

Bedfordview
2 March 2015

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 02/03/2015 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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