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SANLAM LIMITED - Director's dealings in Sanlam securities

Release Date: 17/04/2015 11:00
Code(s): SLM     PDF:  
Wrap Text
Director's 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”)

Director’s 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 a director in Sanlam securities:

Director:                        J van Zyl
Category of director:            Group Chief Executive
Class of security:               Ordinary shares
Nature of interest:              Indirect beneficial
Nature of transaction:           On-market zero cost collar on 2 590
                                 000 Sanlam shares with:-
                                 (i) a put strike price of R65.39;
                                 (ii) a put strike price of R76.93;
                                      and
                                 (iii) a call strike price of R86.16.
Date of transaction:             16 April 2015
Expiry date:                     17 December 2015
Total number of units:           25 900 contracts
Total transaction value:         R199 248 700-00
Prior authority to transact      Yes
obtained:


Bellville
17 April 2015

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 17/04/2015 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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