Participation in long-term incentive plan and vesting of rights
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06
Share code: RLO
(“Reunert” or “Reunert group”)
PARTICIPATION IN LONG-TERM INCENTIVE PLAN AND VESTING OF RIGHTS
The Reunert Conditional Share Plan 2012 (“CSP”) was approved by shareholders on 13 February
At the meeting of Reunert’s remuneration committee on 21 November 2016, the committee approved
a number of allocations to participants, as set out in this announcement.
In all instances:
- clearance to trade was obtained;
- approval for individual allocations was given by the remuneration committee;
- the nature of the interest is direct beneficial; and
- the nature of the transactions was off-market allocations of units which could in future entitle
the participant to ordinary shares if relevant conditions are met.
CSP units – subject to CSP units – subject CSP units – subject
remaining with the to remaining with the to remaining with the
Reunert group and Reunert group for a Reunert group, 50%
performance period of four years after four years and
conditions measured 50% after 5 years
over four years
AE Dickson 131 540 21 923 -
M Moodley 54 378 - -
MAR Taylor 78 021 - -
NA Thomson 98 256 - -
Directors of ATC (Pty) Ltd, a major subsidiary of Reunert
GW Eddey 39 384 - -
PW de Villiers 18 749 3 125 -
TA Pooe 18 591 3 099 -
K Louw - - 4 291
The transaction values will be determined in accordance with the rules of the CSP when the units
25 November 2016
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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