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GROUP FIVE LIMITED - Dealing in securities by directors of a major subsidiary

Release Date: 05/09/2016 17:11
Code(s): GRF     PDF:  
Wrap Text
Dealing in securities by directors of a major subsidiary

Group Five Limited
(Registration number: 1969/000032/06)
(Incorporated in the Republic of South Africa)
Share Code: GRF       ISIN Code: ZAE 000027405
("Group Five")

DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings
Requirements, the following information, relating to the
dealing in securities directors of a major subsidiary, is
disclosed:

Executive Director:           J Doorasamy
Office held:                  Director of a major subsidiary
Name of Company               Group Five Construction Limited
Transaction date:             31 August 2016
Number of share
allocation rights:            34 409
Strike price:                 R25.11 per share allocation right
Transaction value:            R 864 009.99
Nature of transaction:        Grant and acceptance of share
                              allocation rights under the Group
                              Five Long Term Incentive Plan (off
                              market)
Vesting periods:              Annually in 33%, 33% and 34%
                              portions     from    the     third
                              anniversary of the grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Number of shares:             20 000
Strike price:                 R25.11 per share
Transaction value:            R502 200.00
Nature of transaction:        Grant    and     acceptance     of
                              performance share awards under the
                              Group Five Long Term Incentive
                              Plan (off market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes


Number of shares:             6 047
Strike price:                 R25.11 per share
Transaction value:            R 151 840.17
Nature of transaction:        Grant and acceptance of bonus
                              share awards under the Group Five
                              Long Term Incentive Plan (off
                              market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Executive Director:           JA Wallace
Office held:                  Director of a major subsidiary
Name of Company:              Group Five Construction Limited
Transaction date:             31 August 2016
Number of share
allocation rights:            46 197
Strike price:                 R25.11 per share allocation right
Transaction value:            R1 160 006.67
Nature of transaction:        Grant and acceptance of share
                              allocation rights under the Group
                              Five Long Term Incentive Plan (off
                              market)
Vesting periods:              Annually in 33%, 33% and 34%
                              portions     from    the     third
                              anniversary of the grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Number of shares:             26 852
Strike price:                 R25.11 per share
Transaction value:            R674 253.72
Nature of transaction:        Grant    and     acceptance     of
                              performance share awards under the
                              Group Five Long Term Incentive
                              Plan (off market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Number of shares:             8 464
Strike price:                 R25.11 per share
Transaction value:            R212 531.04
Nature of transaction:        Grant and acceptance of bonus
                              share awards under the Group Five
                              Long Term Incentive Plan (off
                              market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Executive Director:           JW Hillary
Office held:                  Director of a major subsidiary
Name of Company:              Group Five Construction Limited
Transaction date:             2 September 2016
Number of share
allocation rights:            40 781
Strike price:                 R25.11 per share allocation right
Transaction value:            R 1 024 010.91
Nature of transaction:        Grant and acceptance of share
                              allocation rights under the Group
                              Five Long Term Incentive Plan (off
                              market)
Vesting periods:              Annually in 33%, 33% and 34%
                              portions     from    the     third
                              anniversary of the grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Number of shares:             23 704
Strike price:                 R25.11 per share
Transaction value:            R595 207.44
Nature of transaction:        Grant    and     acceptance     of
                              performance share awards under the
                              Group Five Long Term Incentive
                              Plan (off market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Number of shares:             11 413
Strike price:                 R25.11 per share
Transaction value:            R 286 580.43
Nature of transaction:        Grant and acceptance of bonus
                              share awards under the Group Five
                              Long Term Incentive Plan (off
                              market)
Vesting period:               The third anniversary of the
                              grant date
Extent of interest:           Direct beneficial
Written clearance obtained:   Yes

Executive Director:            GD Mottram
Office held:                   Director of a major subsidiary
Name of Company:               Group Five Construction Limited
Transaction date:              5 September 2016
Number of share
allocation rights:             34 409
Strike price:                  R25.11 per share allocation right
Transaction value:             R 864 009.99
Nature of transaction:         Grant and acceptance of share
                               allocation rights under the Group
                               Five Long Term Incentive Plan (off
                               market)
Vesting periods:               Annually in 33%, 33% and 34%
                               portions     from    the     third
                               anniversary of the grant date
Extent of interest:            Direct beneficial
Written clearance obtained:    Yes

Number of shares:              20 000
Strike price:                  R25.11 per share
Transaction value:             R502 200.00
Nature of transaction:         Grant    and     acceptance     of
                               performance share awards under the
                               Group Five Long Term Incentive
                               Plan (off market)
Vesting period:                The third anniversary of the
                               grant date
Extent of interest:            Direct beneficial
Written clearance obtained:    Yes

Number of shares:              6 047
Strike price:                  R25.11 per share
Transaction value:             R 151 840.17
Nature of transaction:         Grant and acceptance of bonus
                               share awards under the Group Five
                               Long Term Incentive Plan (off
                               market)
Vesting period:                The third anniversary of the
                               grant date
Extent of interest:            Direct beneficial
Written clearance obtained:    Yes




Johannesburg
5 September 2016

Sponsor
Nedbank Corporate and Investment Banking

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