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Vesting of forfeitable shares of Murray & Roberts ordinary shares
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Company”)
Vesting of forfeitable shares of Murray & Roberts ordinary shares under the Murray &
Roberts Holdings Forfeitable Share Plan (“FSP”)
1. Vesting of 2013 FSP Allocation
As disclosed in the Company’s 2016 Annual Integrated report, certain of the performance
conditions related to the 2013 allocation of forfeitable shares were not met. As a result 96% of the
forfeitable shares have vested. The shares vested on 1 November 2016, at a price of R9.23 per
share as indicated below. The shares were transferred off-market. The interests in these
transactions will be directly and beneficially held by the respective executives.
Name of director: HJ Laas
Company: Murray & Roberts Holdings Limited
Shares delivered: 199 680 ordinary shares
Value of transaction: R1 843 046
Name of director: AJ Bester
Company: Murray & Roberts Holdings Limited
Shares delivered: 140 160 ordinary shares
Value of transaction: R1 293 677
Name of subsidiary director: O Fenn
Subsidiary company: Murray & Roberts Limited
Shares delivered: 96 480 ordinary shares
Value of transaction: R890 510
Name of subsidiary director: JN Govender
Subsidiary company: Murray & Roberts Limited
Shares delivered: 69 120 ordinary shares
Value of transaction: R637 978
Name of subsidiary director: ST Harrison
Subsidiary company: Murray & Roberts Limited
Shares delivered: 57 600 ordinary shares
Value of transaction: R 531 648
Name of subsidiary director: IW Henstock
Subsidiary company: Murray & Roberts Limited
Shares delivered: 85 440 ordinary shares
Value of transaction: R788 611
Name of subsidiary director: WT Mdluli
Subsidiary company: Murray & Roberts Limited
Shares delivered: 57 600 ordinary shares
Value of transaction: R531 648
2. Vesting of 2013, 2014 & 2015 STI Deferral
Murray & Roberts has previously announced to shareholders that a portion of the financial years
2013, 2014 and 2015 STI allocated to executives was deferred into forfeitable shares. One third of
the deferred STI forfeitable shares allocated in 2013, 2014 and 2015 have vested. The shares
vested on 1 November 2016, at a price of R9.23 per share as indicated below. The shares were
transferred off-market. The interests in these transactions will be directly and beneficially held by
the respective executives.
Name of director: HJ Laas
Company: Murray & Roberts Holdings Limited
Shares delivered: 46 480 ordinary shares
Value of transaction: R429 010
Name of director: AJ Bester
Company: Murray & Roberts Holdings Limited
Shares delivered: 32 647 ordinary shares
Value of transaction: R301 332
Name of company secretary: L Kok
Company: Murray & Roberts Holdings Limited
Shares delivered: 1 493 ordinary shares
Value of transaction: R13 780
Name of subsidiary director: O Fenn
Subsidiary company: Murray & Roberts Limited
Shares delivered: 8 007 ordinary shares
Value of transaction: R73 905
Name of subsidiary director: JN Govender
Subsidiary company: Murray & Roberts Limited
Shares delivered: 21 477 ordinary shares
Value of transaction: R198 233
Name of subsidiary director: IW Henstock
Subsidiary company: Murray & Roberts Limited
Shares delivered: 8 878 ordinary shares
Value of transaction: R81 944
Name of subsidiary director: WT Mdluli
Subsidiary company: Murray & Roberts Limited
Shares delivered: 12 100 ordinary shares
Value of transaction: R111 683
Name of subsidiary director: S Harrison
Subsidiary company: Murray & Roberts Limited
Shares delivered: 13 421 ordinary shares
Value of transaction: R123 876
Values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.
Bedfordview
2 November 2016
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 02/11/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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