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KAP INDUSTRIAL HOLDINGS LIMITED - Dealing In Securities By Director

Release Date: 15/12/2015 17:00
Code(s): KAP     PDF:  
Wrap Text
Dealing In Securities By Director

KAP Industrial Holdings Limited
Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06
Share Code: KAP
ISIN: ZAE0000171963
(“KAP”, “the Company” or “the Group”)

DEALING IN SECURITIES BY DIRECTORS

In compliance with paragraph 3.63 of the Listings Requirements of the JSE
Limited, shareholders are hereby informed of the following dealings arising from
the KAP`s Performance Share Rights Scheme.

As announced on 3 December 2015 rights in respect of the following directors and
officers of the Group vested on 1 December 2015 at a vesting price of 711 cents
per share:
                                                      No of shares
                                                              that
                                                      beneficially
                                                            vested
                                                         (directly
 Name of Director        Name of Company of which a         and/or    Value - R
                                           director    indirectly)
 KJ Grove              KAP Industrial Holdings Ltd      2,377,036   16,900,726
 GN Chaplin            KAP Industrial Holdings Ltd      1,125,336    8,001,139
 JP Haveman            KAP Industrial Holdings Ltd        841,373    5,982,162
 UMG Frigerio             KAP Automotive (Pty) Ltd        691,472    4,916,366
 G Victor              PG Bison Holdings (Pty) Ltd        563,656    4,007,594
 FH Olivier            PG Bison Holdings (Pty) Ltd        472,877    3,362,155
 LR Pollard                     PG Bison (Pty) Ltd        445,890    3,170,278
 G van der Merwe                PG Bison (Pty) Ltd        759,133    5,397,436
 N Boshoff             Unitrans Holdings (Pty) Ltd      1,009,647    7,178,590
 TR Nel                      Unitrans Supply Chain        637,039    4,529,347
                               Solutions (Pty) Ltd
 PE Hancock                  Unitrans Supply Chain        609,204    4,331,440
                               Solutions (Pty) Ltd
 RH Singh                    Unitrans Supply Chain        609,204    4,331,440
                               Solutions (Pty) Ltd
 SP Lunga                    Unitrans Supply Chain        268,635    1,909,995
                               Solutions (Pty) Ltd
 T Siyolo                    Unitrans Supply Chain        377,650    2,685,092
                               Solutions (Pty) Ltd
In this regard, shareholders are furthermore informed that certain directors
disposed of a portion of their shares through an off market transaction on Monday
14 December 2015 at 711 cents per share, in order to settle tax obligations
arising from the vesting.

 Name of Director       Name of Company of which a    No of shares    Proceeds on
                                          director            sold       disposal
                                                                                R

 KJ Grove              KAP Industrial Holdings Ltd          974,585     6,929,299
 GN Chaplin            KAP Industrial Holdings Ltd          461,388     3,280,469
 JP Haveman            KAP Industrial Holdings Ltd          344,963     2,452,687
 UMG Frigerio             KAP Automotive (Pty) Ltd          283,504     2,015,713
 G Victor              PG Bison Holdings (Pty) Ltd          231,099     1,643,114
 FH Olivier            PG Bison Holdings (Pty) Ltd          193,880     1,378,487
 LR Pollard                     PG Bison (Pty) Ltd          182,815     1,299,815
 G van der Merwe                PG Bison (Pty) Ltd          311,245     2,212,952
 TR Nel                      Unitrans Supply Chain          261,186     1,857,032
                               Solutions (Pty) Ltd
 PE Hancock                  Unitrans Supply Chain          249,774     1,775,893
                               Solutions (Pty) Ltd
 RH Singh                    Unitrans Supply Chain          249,774     1,775,893
                               Solutions (Pty) Ltd
 SP Lunga                    Unitrans Supply Chain          110,141       783,103
                               Solutions (Pty) Ltd
 T Siyolo                    Unitrans Supply Chain          154,837     1,100,891
                               Solutions (Pty) Ltd

Clearance has been granted in terms of paragraph 3.66 of the Listings
requirements for all the above transactions.

By order of the Board
Steinhoff Africa Secretarial Services Proprietary Limited
Company Secretary

15 December 2015
Sponsor: PSG Capital Proprietary Limited

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