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EQSTRA HOLDINGS LIMITED - Dealing in securities by company secretary

Release Date: 13/11/2015 09:18
Code(s): EQS     PDF:  
Wrap Text
Dealing in securities by company secretary

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
("Eqstra" or "the Company")

DEALING IN SECURITIES BY COMPANY SECRETARY

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

Eqstra has awarded deferred bonus plan (DBP) rights to its directors, 
under the DBP scheme. DBP rights entitle the participants to commit
an equal number of Eqstra shares to the DBP scheme, which committed
shares will be held in escrow until vesting in September 2018.

Participants may either purchase the shares to be committed or commit
shares already held by them to the DBP scheme.

Upon the vesting of the DBP rights, and providing that the conditions
attaching to the DBP rights are fulfilled, Eqstra is obliged in terms
of the DBP scheme to deliver a matching share to participants for
each committed share, within 30 days of the vesting date.

The following participant has accepted the award of DBP rights and
has undertaken to commit Eqstra shares to the DBP scheme equal to the
DBP rights awarded:

Name of participant    Designation           Number of shares committed
                                             to the DBP scheme
L Moller               Company secretary     18 000*

* - Shares purchased in the open market (refer separate disclosure below).

Clearance to deal, in respect of the above off–market acceptance of
rights, was obtained.

Director                         :   L Moller
Eqstra Holdings Limited          :   Company secretary
Date of transaction              :   12 November 2015
Nature of transaction            :   On market purchase of securities
Class of securities              :   Ordinary shares
Number of shares purchased       :   18 000
Purchase price                   :   R2.37 per share
Total value of transaction       :   R42 660.00
Nature of interest               :   Direct beneficial
Clearance obtained               :   Yes

Kempton Park
13 November 2015

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

Date: 13/11/2015 09:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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