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JSE LIMITED - Dealings in securities by the JSE LTIS 2010 Trust

Release Date: 01/12/2016 10:48
Code(s): JSE     PDF:  
Wrap Text
Dealings in securities by the JSE LTIS 2010 Trust

JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
ISIN: ZAE000079711
Share Code: JSE
("JSE")

DEALINGS IN SECURITIES BY THE JSE LTIS 2010 TRUST

In accordance with the terms of the JSE’s Long Term Incentive Scheme 2010
(“LTIS 2010”), a total of 9 684 JSE ordinary shares have been acquired in
the open market, on behalf of the LTIS 2010 participant reflected below,
to fulfil share awards granted under LTIS 2010.

These ordinary shares are held in trust and are restricted until all
vesting conditions are fulfilled whereupon the shares vest. To the
extent that the vesting conditions are not fulfilled the share awards are
forfeited.

The vesting of these restricted JSE ordinary shares is subject to –

(i) the JSE achieving specified corporate performance targets over the
    measurement period; and
(ii)a LTIS 2010 participant remaining in the employ of the JSE for the
    vesting term.

These JSE ordinary shares were acquired on-market, with clearance, during
the course of 28 November 2016 at a volume-weighted average price of
R163.00 per ordinary share. The high and low prices for the various
transactions were R162.57 and R163.50 respectively.


                              Number of JSE
                                   ordinary
                                     shares
                                    awarded
                                                   Total Rand
Executive                         Corporate      value of JSE
Committee            Role       performance          ordinary         Holding
   member                            shares            shares
                                                      awarded
               Prescribed                                              Direct
D Khumalo         Officer             9 684         1 578 492      beneficial
                                                               



The individual share allocation was accepted by Mr D. Khumalo on
25 November 2016.

The individual allocation was approved by the JSE Board Human Resources,
Social and Ethics Committee and clearance to deal was granted by the
Chairman of the Board.



Sandton
1 December 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01/12/2016 10:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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