MPACT LIMITED - Acceptance of performance share awards to directors and prescribed officers

Acceptance of performance share awards to 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”)

ACCEPTANCE OF PERFORMANCE SHARE AWARDS TO DIRECTORS AND PRESCRIBED OFFICERS

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

DIRECTORS OF MPACT LIMITED

Name                          :    BW Strong
Office held                   :    Chief Executive Officer
Company                       :    Mpact Limited
Date of acceptance            :    5 April 2016
Nature of transaction         :    Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2019 subject to the achievement of agreed
                                   targets
Class of securities           :    Ordinary shares
Number of bonus shares        :    88,387
Award price                   :    R48.252
Total value of award          :    R4,264,849.52
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

Name                          :    BDV Clark
Office held                   :    Chief Financial Officer
Company                       :    Mpact Limited
Date of acceptance            :    5 April 2016
Nature of transaction         :    Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2019 subject to the achievement of agreed
                                   targets
Class of securities           :    Ordinary shares
Number of bonus shares        :    40,311
Grant price                   :    R48.252
Total value of award          :    R1,945,086.37
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                          :   RP von Veh
Office held                   :   Managing Director – Converting
Company                       :   Mpact Operations (Pty) Ltd
Date of acceptance            :   5 April 2016
Nature of transaction         :   Off-market acceptance of conditional
                                  performance share awards vesting in March
                                  2019 subject to the achievement of agreed
                                  targets
Class of securities           :   Ordinary shares
Number of bonus shares        :   43,819
Award price                   :   R48.252
Total value of award          :   R2,114,354.39
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes


Name                          :   HM Thompson
Office held                   :   Managing Director – Paper Manufacturing
                                  Division
Company                       :   Mpact Operations (Pty) Ltd
Date of acceptance            :   5 April 2016
Nature of transaction         :   Off-market acceptance of conditional
                                  performance share awards vesting in March
                                  2019 subject to the achievement of agreed
                                  targets
Class of securities           :   Ordinary shares
Number of bonus shares        :   36,291
Grant price                   :   R48.252
Total value of award          :   R1,751,113.33
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Name                          :   N Naidoo
Office held                   :   Managing Director – Plastics Division
Company                       :   Mpact Operations (Pty) Ltd
Date of acceptance            :   5 April 2016
Nature of transaction         :   Off-market acceptance of conditional
                                  performance share awards vesting in March
                                  2019 subject to the achievement of agreed
                                  targets
Class of securities           :   Ordinary shares
Number of bonus shares        :   28,427
Grant price                   :   R48.252
Total value of award          :   R1,371,659.60
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

PRESCRIBED OFFICERS

Name                          :    JW Hunt
Office held                   :    Managing Director
Company                       :    Mpact Recycling (Pty) Ltd
Date of acceptance            :    5 April 2016
Nature of transaction         :    Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2019 subject to the achievement of agreed
                                   targets
Class of securities           :    Ordinary shares
Number of bonus shares        :    23,239
Grant price                   :    R48,252
Total value of award          :    R1,121,328.23
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

Name                          :    J Stumpf
Office held                   :    Managing Director – Corrugated Division
Company                       :    Mpact Operations (Pty) Ltd
Date of acceptance            :    5 April 2016
Nature of transaction         :    Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2019 subject to the achievement of agreed
                                   targets
Class of securities           :    Ordinary shares
Number of bonus shares        :    33,341
Award price                   :    R48.252
Total value of award          :    R1,608,769.93
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.


Melrose Arch
7 April 2016

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

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