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SUPER GROUP LIMITED - Dealing in securities by the Group Company Secretary

Release Date: 30/09/2016 14:54
Code(s): SPG     PDF:  
Wrap Text
Dealing in securities by the Group Company Secretary

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
(“Super Group”)

DEALING IN SECURITIES BY THE GROUP COMPANY SECRETARY

1. In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements,
   shareholders are advised that the Group Company Secretary has, in terms
   of the Share Appreciation Right Scheme 2005 (“the Scheme”), been issued
   shares in terms of previously accepted grants that have vested.

  Shareholder approval of the Scheme was obtained at the 2005 Annual
  General Meeting. All rights have conditions attached and are subject to
  the rules of the Scheme. The Remuneration Committee approved the grants
  and the required clearance in terms of paragraph 3.66 of the Listings
  Requirements was obtained.

  The Scheme supports the principle of aligning management and shareholder
  interests. Performance conditions governing the vesting of these rights
  are intended to be stretching but achievable. The performance conditions
  are related to headline earnings per share increasing by 2% per annum
  above the Consumer Price Inflation Index over the three year performance
  period ended 30 June 2016. The grants are conditional upon the
  participant remaining employed during the performance period.

  The grants that have vested have been awarded in terms of performance
  conditions for the Financial Year ended 30 June 2016 and the shares have
  been issued to the Group Company Secretary.

   Name of Group     Number of Share  Number of        Nature of interest
   Company Secretary Appreciation     Shares Issued
                     Rights (“SARS”)  (1)
   N Redford                   75 380           36 153 Direct, Beneficial


   N Redford
   Date of transfer         28 September 2016
   Nature of transaction    Issue of shares
   Class of securities      Ordinary shares
   Strike price of SARS     R22.33
   Strike date              28 September 2016
   Exercise Price of SARS   R42.9100
   Vesting date             Following approval by the Remuneration
                            Committee based on the audited results for
                            the year ended 30 June 2016

  (1)   The number of shares issued is calculated by the total gain on the
        SARS, which is the difference between the strike price and the
        exercise price multiplied by the number of SARS. The gain is then
        divided by the exercise price to determine the number of shares
        issued.
2. In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements,
   Super Group advises that it has been informed of the following dealings
   in its shares:

   Group Company Secretary    N Redford
   Company                    Super Group
   Date of transaction        28 September 2016
   Nature of transaction      Sale of shares on market
   Nature of interest         Direct, beneficial
   Class of securities        Ordinary shares
   Clearance to deal          Yes
   Number of shares sold      36 153
   Highest Price              R43.1500
   Lowest Price               R43.0000
   Volume Average Weighted
   Price                      R43.0285
   Total value of
   transaction                R1 555 609.36

  The required clearance per paragraph 3.66 of the Listings Requirements
  was obtained.


Sandton
30 September 2016
Sponsor: Deutsche Securities (SA) Proprietary Limited

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