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

MURRAY & ROBERTS HOLDINGS LIMITED - Vesting and trading of forfeitable shares of Murray & Roberts ordinary shares

Release Date: 02/12/2015 17:30
Code(s): MUR     PDF:  
Wrap Text
Vesting and trading of forfeitable shares of Murray & Roberts ordinary shares

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Company”)

Vesting and trading of forfeitable shares of Murray & Roberts ordinary shares under
the Murray & Roberts Holdings Forfeitable Share Plan (“FSP”)

1. Vesting of 2012 FSP Allocation

As more fully disclosed in the Company’s 2015 Annual Integrated report, certain of the
performance conditions related to the 2012 allocation of forfeitable shares were not met. As a
result, only 75% of the forfeitable shares have vested. The shares vested on 27 November 2015,
at a price of R8.55 per share as indicated below. The shares were transferred off-market. The
interests in these transactions will be directly and beneficially held by the respective executives.

Name of director:                    HJ Laas
Company:                             Murray & Roberts Holdings Limited
Shares delivered:                    124 875 ordinary shares
Value of transaction:                R1 067 681.25

Name of director:                    AJ Bester
Company:                             Murray & Roberts Holdings Limited
Shares delivered:                    90 750 ordinary shares
Value of transaction:                R775 912.50

Name of subsidiary director:         O Fenn
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    78 375 ordinary shares
Value of transaction:                R670 106.25

Name of subsidiary director:         JN Govender
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    58 500 ordinary shares
Value of transaction:                R500 175.00

Name of subsidiary director:         ST Harrison
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    37 500 ordinary shares
Value of transaction:                R320 625.00

Name of subsidiary director:         IW Henstock
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    60 750 ordinary shares
Value of transaction:                R519 412.50

Name of subsidiary director:         WT Mdluli
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    25 125 ordinary shares
Value of transaction:                R214 818.75

Name of subsidiary director:         RAG Skudder
Subsidiary company:                  Murray & Roberts Limited
Shares delivered:                    53 625 ordinary shares
Value of transaction:                R458 493.75

2.       Trading of Murray & Roberts ordinary shares

The following executives sold a portion of the vested shares through on-market trades to settle
the tax arising from the vesting event on 27 November 2015. The nature and extent of each
subsidiary director’s interest was direct and beneficial.

Name of subsidiary director:                O Fenn
Subsidiary company:                         Murray & Roberts Limited
Transaction date:                           30 November 2015
Shares sold:                                33 309 ordinary shares
Highest price per share:                    R 9.10
Lowest price per share:                     R 8.50
Volume weighted average price per share:    R 8.7391
Value of transaction:                       R 291 090.68

Name of subsidiary director:                JN Govender
Subsidiary company:                         Murray & Roberts Limited
Transaction date:                           30 November 2015
Shares sold:                                24 862 ordinary shares
Highest price per share:                    R 9.10
Lowest price per share:                     R 8.50
Volume weighted average price per share:    R 8.7391
Value of transaction:                       R 217 271.50

Name of subsidiary director:                ST Harrison
Subsidiary company:                         Murray & Roberts Limited
Transaction date:                           30 November 2015
Shares sold:                                15 937ordinary shares
Highest price per share:                    R 9.10
Lowest price per share:                     R 8.50
Volume weighted average price per share:    R 8.7391
Value of transaction:                       R 139 275.04

Name of subsidiary director:               WT Mdluli
Subsidiary company:                        Murray & Roberts Limited
Transaction date:                          30 November 2015
Shares sold:                               10 678 ordinary shares
Highest price per share:                   R 9.10
Lowest price per share:                    R 8.50
Volume weighted average price per share:   R 8.7391
Value of transaction:                      R 93 316.11

Name of subsidiary director:               RAG Skudder
Subsidiary company:                        Murray & Roberts Limited
Transaction date:                          30 November 2015
Shares sold:                               22 790 ordinary shares
Highest price per share:                   R 9.10
Lowest price per share:                    R 8.50
Volume weighted average price per share:   R 8.7391
Value of transaction:                      R 199 164.09


Values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.

Bedfordview
2 December 2015

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 02/12/2015 05:30:00 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