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VUNANI LIMITED - Dealings in securities by directors

Release Date: 24/02/2017 16:54
Code(s): VUN     PDF:  
Wrap Text
Dealings in securities by directors

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
("Vunani" or "the company")

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.64 of the Listings Requirements of
JSE Limited ("Listings Requirements"), the following dealings took place by
directors of Vunani Limited:

Name of director               EG Dube
Date of acceptance of award:   23 February 2017
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     451 632
Price:                         215 cents
Value of transaction:          R971 008.80


Name of director               NM Anderson
Date of acceptance of award:   23 February 2017
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     304 291
Price:                         215 cents
Value of transaction:          R654 225.65


Name of director               BM Khoza
Date of acceptance of award:   23 February 2017
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     304 291
Price:                         215 cents
Value of transaction:          R654 225.65

Name of director               T Mika
Date of acceptance of award:   23 February 2017
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     155 376
Price:                         215 cents
Value of transaction:          R334 058.84


* The shares awarded will vest in 3 years if the above individuals are
still employed by Vunani Limited or one of its subsidiaries and they meet
the performance conditions as specified in their award letters.
Clearance was obtained in terms of        paragraph   3.66   of   the   Listings
Requirements and dealing is off-market.


Sandton
24 February 2017

Designated Adviser
Grindrod Bank Limited

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