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IMPERIAL HOLDINGS LIMITED - Dealings in Securities on Behalf of an Employee Share Incentive Scheme

Release Date: 08/04/2016 16:00
Code(s): IPL     PDF:  
Wrap Text
Dealings in Securities on Behalf of an Employee Share Incentive Scheme

Imperial Holdings Limited
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
(“Imperial”)

DEALINGS IN SECURITIES ON BEHALF OF AN EMPLOYEE SHARE INCENTIVE SCHEME

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


Name of the Scheme:                   Imperial Share Appreciation Rights
                                      scheme (SAR), Deferred Bonus Plan
                                      (DBP) and Conditional Share Plan (CSP)
Class of security:                    Ordinary shares
Nature of transactions:               Delivery of Imperial ordinary shares
                                      on the expiry of a hedging transaction
                                      in respect of rights issued under the
                                      SAR, DBP and CSP
Type of trade:                        Off market
Date of transaction:                  5 April 2016
Number of shares:                     1,000,000
Strike Price per share:               R170.56
Value of the shares:                  R170,560,000

The shares will be retained as treasury shares until required for settling
share scheme obligations.

Prior written approval in terms of paragraph 3.66 of the Listings
Requirements was obtained.

Company Secretary
RA Venter

By order of the Board
8 April 2016

BEDFORDVIEW
Sponsor
Merrill Lynch South Africa (Pty) Limited
 

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