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BLACKSTAR GROUP SE - Long Term Incentive Scheme Share Award

Release Date: 06/05/2015 16:00
Code(s): BCK     PDF:  
Wrap Text
Long Term Incentive Scheme Share Award

Blackstar Group SE
(Incorporated in Malta)
(Company number SE 4)
(registered as an external company with limited liability in the Republic of South Africa under
registration number 2011/008274/10)
LSE Ticker: BLCK
JSE Share code: BCK
ISIN: MT0000620113 (“Blackstar” or the “Company”)



                                                                                     06 May 2015

                      Blackstar Group SE (“Blackstar” or the “Company”)


                           Long Term Incentive Scheme Share Award


Blackstar announces that in accordance with the terms of the shareholder-approved Blackstar long
term Management Incentive Scheme, and as referred to in the Blackstar Annual Report and Accounts
2014, the Company awarded a total of 1,802,129 ordinary shares of €0.76 each (“Ordinary Shares”)
as part of the 2014 Incentive award (the “Award”). As the Blackstar shares are no longer suspended
from trading, the Award will now be satisfied by the transfer out of treasury of 791,558 Ordinary
Shares and the issue and allotment of 1,010,571 new Ordinary Shares. It is expected that the
1,802,129 Ordinary Shares will be admitted to trading on AIM on or around 12 May 2015.

As part of the Award, Andrew Bonamour, Non Executive Director of the Company and Director of
Blackstar Group (Pty) Limited, the Company’s investment advisory subsidiary, will receive 287,474
Ordinary Shares. Following the transaction, Andrew Bonamour will be interested in 8,780,215
Ordinary Shares, representing 10.6% of the issued share capital of the Company.

Post the Award, the issued share capital of the Company will increase from 82,088,500 Ordinary
Shares to 83,099,071 Ordinary Shares and there are no shares held in treasury.




For further information, please contact:

Blackstar Group SE               Leanna Isaac                      + 356 2137 3360
Zai Corporate Finance Limited
  - Corporate Finance            Tom Price / Richard Morrison      +44 (0) 20 7060 2220
  - Sales                        Steven Baird                      +44 (0) 20 7060 2220
PSG Capital (Pty) Limited        David Tosi                        +27 (0) 21 887 9602

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