Wrap Text
Vesting of 2012 performance share awards to directors and prescribed officers
Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)
VESTING OF 2012 PERFORMANCE SHARE AWARDS TO DIRECTORS AND PRESCRIBED
OFFICERS
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
DIRECTORS OF THE COMPANY
Name : BW Strong
Position : Chief Executive Officer
Company : Mpact Limited
Date of transaction : 9 April 2015
Nature of transaction : Vesting of 2012 Performance shares in
terms of Mpact Limited Incentive Scheme
and on market disposal of shares
Class of securities : Ordinary shares
Number of shares vesting : 108,012 at R42.2087 per share
Total value of shares vesting : R4,559,046.10
Number of shares retained : 63,456 at R42.2087 per share
Total value of shares retained: R2,678,395.27
Number of shares sold : 44,556 shares at R42.2087 per share
Total value of shares sold : R1,880,650.84
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : BDV Clark
Position : Chief Financial Officer
Company : Mpact Limited
Date of transaction : 9 April 2015
Nature of transaction : Vesting of 2012 Performance shares in
terms of Mpact Limited Incentive Scheme
and on market disposal of shares
Class of securities : Ordinary shares
Number of shares vesting : 31,659 at R42.2087 per share
Total value of shares vesting : R1,336,285.23
Number of shares retained : 18,598 at R42.2087 per share
Total value of shares retained: R784,997.40
Number of shares sold : 13,061 shares at R42.2087 per share
Total value of shares sold : R551,287.83
Nature of interest : Direct beneficial
Clearance obtained : Yes
PRESCRIBED OFFICERS
Name : RP von Veh
Position : Managing Director – Corrugated Division
Company : Mpact Operations (Pty) Ltd
Date of transaction : 9 April 2015
Nature of transaction : Vesting of 2012 Performance shares in
terms of Mpact Limited Incentive Scheme
and on market disposal of shares
Class of securities : Ordinary shares
Number of shares vesting : 80,973 at R42.2087 per share
Total value of shares vesting : R3,417,765.07
Number of shares retained : nil
Total value of shares retained: Rnil
Number of shares sold : 80,973 shares at R42.2087 per share
Total value of shares sold : R3,417,765.07
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : HM Thompson
Position : Managing Director – Paper Manufacturing
Company : Mpact Operations (Pty) Ltd
Date of transaction : 9 April 2015
Nature of transaction : Vesting of 2012 Performance shares in
terms of Mpact Limited Incentive Scheme
and on market disposal of shares
Class of securities : Ordinary shares
Number of shares vesting : 59,409 at R42.2087 per share
Total value of shares vesting : R2,507,576.66
Number of shares retained : 34,902 at R42.2087 per share
Total value of shares retained: R1,473,168.05
Number of shares sold : 24,507 shares at R42.2087 per share
Total value of shares sold : R1,034,408.61
Nature of interest : Direct beneficial
Clearance obtained : Yes
Name : JW Hunt
Position : Managing Director
Company : Mpact Recycling (Pty) Ltd
Date of transaction : 9 April 2015
Nature of transaction : Vesting of 2012 Performance shares in
terms of Mpact Limited Incentive Scheme
and on market disposal of shares
Class of securities : Ordinary shares
Number of shares vesting : 37,022 at R42.2087 per share
Total value of shares vesting : R1,562,650.49
Number of shares retained : 21,749 at R42.2087 per share
Total value of shares retained: R917,997.02
Number of shares sold : 15,273 shares at R42.2087 per share
Total value of shares sold : R644,653.48
Nature of interest : Direct beneficial
Clearance obtained : Yes
Melrose Arch
10 April 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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