To view the PDF file, sign up for a MySharenet subscription.

MPACT LIMITED - Dealings in securities by directors and prescribed officers

Release Date: 29/04/2015 15:00
Code(s): MPT     PDF:  
Wrap Text
Dealings in securities by 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”)

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

VESTING OF 2011 SHARE APPRECIATION RIGHTS

DIRECTOR OF THE COMPANY

Name:                                BW Strong
Office Held:                         Chief Executive Officer
Company:                             Mpact Limited
Date of transaction:                 24 April 2015
Number of shares:                    80,822
Exercise price per share:            R43.00
Transaction value:                   R3,475,346.00
Nature of transaction:               Exercise of 117,450 share appreciation
                                     rights with a grant price of R13.41 and
                                     settled by the delivery of 80,822 Mpact
                                     ordinary shares in terms of a set
                                     formula(off market)
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Date of transaction:                 24 April 2015
Nature of transaction:               On market sale of shares
Number of shares:                    80,822
Number of shares retained:           47,481
Number of shares sold:               33,341
Sale price*:                         R42.811
Total value of shares sold:          R1,427,361.55
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

PRESCRIBED OFFICERS OF THE COMPANY

Name:                                RP von Veh
Office Held:                         Managing Director – Corrugated Division
Company:                             Mpact Operations (Pty) Ltd
Date of transaction:                 24 April 2015
Number of shares:                    60,546
Exercise price per share:            R43.00
Transaction value:                   R2,603,478.00
Nature of transaction:               Exercise of 87,986 share appreciation
                                     rights with a grant price of R13.41 and
                                     settled by the delivery of 60,546 Mpact
                                     ordinary shares in terms of a set
                                     formula(off market)
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Date of transaction:                 24 April 2015
Nature of transaction:               On market sale of shares
Number of shares sold:               60,546
Sale price*:                         R42.811
Total value of shares sold:          R2,592,034.81
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Name:                                JW Hunt
Office Held:                         Managing Director
Company:                             Mpact Recycling (Pty) Ltd
Date of transaction:                 24 April 2015
Number of shares:                    55,420
Exercise price per share:            R43.00
Transaction value:                   R2,383,060.00
Nature of transaction:               Exercise of 80,536 share appreciation
                                     rights with a grant price of R13.41 and
                                     settled by the delivery of 55,420 Mpact
                                     ordinary shares in terms of a set
                                     formula(off market)
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Date of transaction:                 24 April 2015
Nature of transaction:               On market sale of shares
Number of shares:                    55,420
Number of shares retained:           32,558
Number of shares sold:               22,862
Sale price*:                         R42.811
Total value of shares sold:          R978,745.08
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Name:                                HM Thompson
Office Held:                         Managing Director – Paper Manufacturing
Company:                             Mpact Operations (Pty) Ltd
Date of transaction:                 24 April 2015
Number of shares:                    44,460
Exercise price per share:            R43.00
Transaction value:                   R1,911,780.00
Nature of transaction:               Exercise of 64,610 share appreciation
                                     rights with a grant price of R13.41 and
                                     settled by the delivery of 44,460 Mpact
                                     ordinary shares in terms of a set
                                     formula(off market)
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Date of transaction:                 24 April 2015
Nature of transaction:               On market sale of shares
Number of shares:                    44,460
Number of shares retained:           26,119
Number of shares sold:               18,341
Sale price*:                         R42.811
Total value of shares sold:          R785,196.55
Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

*Average sale price is based on transactions effected by the Trust over a period of 3 days,
as follows:
                   No. of                  Price
                   shares sold             per share
22 April 2015      108 833                 R43.042
23 April 2015      62 862                  R42.913
24 April 2015      189 264                 R42.644



Melrose Arch
29 April 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 29/04/2015 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story