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NVEST FINANCIAL HOLDINGS LIMITED - Acceptance of options by a Director of a Major Subsidiary of the Company

Release Date: 05/12/2016 16:11
Code(s): NVE     PDF:  
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Acceptance of options by a Director of a Major Subsidiary of the Company

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “Company”)
ISIN Code: ZAE000199865     JSE Code: NVE


ACCEPTANCE OF OPTIONS BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the Johannesburg Stock Exchange,
shareholders are advised that options in respect of NVest ordinary shares were accepted as follows:

 Director:                        Christopher Lemmon
 Company:                         NVest Securities Proprietary Limited
 Date of transaction:             1 December 2016
 Nature of transaction:           Acceptance of options in terms of the NVest Share Incentive Scheme
 Class of securities:             Options in respect of ordinary shares
 Number of options granted:       500 000
 Option allocation price:         R1.82
 Total value of transaction:      R910 000
 Vesting period:                  3 years
 Nature interest                  Direct beneficial
 Extent of interest               0.16516% (As at the date of acceptance, 1 December 2016)
 On-market or off-market:         Off-market
 Clearance obtained:              Yes


5 December 2016
East London

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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