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SEA HARVEST GROUP LIMITED - Dealings in securities by directors, associates, the company secretary and the share incentive scheme

Release Date: 29/03/2017 07:05
Code(s): SHG     PDF:  
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Dealings in securities by directors, associates, the company secretary and the share incentive scheme

Sea Harvest Group Limited
(Formerly Sea Harvest Holdings Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
(“Sea Harvest” or “the Company” or “the Group”)

Dealings in securities by directors, associates, the company secretary and the share incentive
scheme

In compliance with paragraphs 3.63 to 3.74 and 3.92 of the Listings Requirements of the JSE Limited
(“JSE”), the following information is disclosed pertaining to the private placement and successful listing
of Sea Harvest on the JSE on 23 March 2017:

Name of director:                     Felix Ratheb
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 752 000
Price per security:                   R12.50
Total value:                          R9 400 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     John Paul De Freitas
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 437 000
Price per security:                   R12.50
Total value:                          R5 462 500.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Muhammad Brey
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 113 000
Price per security:                   R12.50
Total value:                          R1 412 500.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Fred Robertson
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 5 600                          211 100
Price per security:                   R12.50                         R12.50
Total value:                          R70 000.00                     R2 638 750.00
Nature and extent of interest:        Direct beneficial              Indirect beneficial

Name of associate and relationship:   Fred J Robertson Foundation (director is a trustee of the
                                      charitable trust)
Name of director:                     Fred Robertson
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 3 200
Price per security:                   R12.50
Total value:                          R40 000.00
Nature and extent of interest:        Indirect non-beneficial

Name of associate and relationship:   Robatsi Family Trust (director is a trustee and beneficiary)
Name of director:                     Fred Robertson
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 4 800
Price per security:                   R12.50
Total value:                          R60 000.00
Nature and extent of interest:        Indirect beneficial

Name of director:                     Wouter André Hanekom
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 580 000
Price per security:                   R12.50
Total value:                          R7 250 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Louis Penzhorn
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 16 800
Price per security:                   R12.50
Total value:                          R210 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Bahleli Marshall Rapiya
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 40 000
Price per security:                   R12.50
Total value:                          R500 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Mohamed Iqbal Khan
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 8 000
Price per security:                   R12.50
Total value:                          R100 000.00
Nature and extent of interest:        Direct beneficial

Name of associate and relationship:   N Moodley (minor child)
Name of director:                     Tiloshani Moodley
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 8 000
Price per security:                   R12.50
Total value:                          R100 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Konrad Geldenhuys
Name of company:                      Sea Harvest International Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 364 000
Price per security:                   R12.50
Total value:                          R4 550 000.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Terence Brown
Name of company:                      Sea Harvest Corporation Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 291 000
Price per security:                   R12.50
Total value:                          R3 637 500.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Mary-Lou Harry
Name of company:                      Sea Harvest Corporation Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017, with a deferred settlement and delivery date
                                      of 30 March 2017
Number of securities:                 159 000
Price per security:                   R12.50
Total value:                          R1 987 500.00
Nature and extent of interest:        Direct beneficial

Name of director:                     David Lock
Name of company:                      Mareterram Limited
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 8 000
Price per security:                   R12.50
Total value:                          R100 000.00
Nature and extent of interest:        Direct beneficial

Name of company secretary:            Nana Aston
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement
Date of transaction:                  23 March 2017
Number of securities:                 8 000
Price per security:                   R12.50
Total value:                          R100 000.00
Nature and extent of interest:        Direct beneficial

Name of share incentive scheme:       Sea Harvest Group Limited Forfeitable Share Plan (“FSP”)
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Off market purchase of shares in terms of the Sea Harvest
                                      private placement to settle obligations to participants
Date of transaction:                  23 March 2017
Number of securities:                 4 400 065
Price per security:                   R12.50
Total value:                          R55 000 812.50
Nature and extent of interest:        Direct beneficial

Name of director:                     Felix Ratheb
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 1 129 169
Notional strike price per security:   R12.50
Total value:                          R14 114 612.50
Nature and extent of interest:        Direct beneficial

Name of director:                     John Paul De Freitas
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 378 609
Notional strike price per security:   R12.50
Total value:                          R4 732 612.50
Nature and extent of interest:        Direct beneficial

Name of director:                     Muhammad Brey
Name of company:                      Sea Harvest
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 637 314
Notional strike price per security:   R12.50
Total value:                          R7 966 425.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Konrad Geldenhuys
Name of company:                      Sea Harvest International Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 369 113
Notional strike price per security:   R12.50
Total value:                          R4 613 912.50
Nature and extent of interest:        Direct beneficial

Name of director:                     Terence Brown
Name of company:                      Sea Harvest Corporation Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 372 442
Notional strike price per security:   R12.50
Total value:                          R4 655 525.00
Nature and extent of interest:        Direct beneficial

Name of director:                     Mary-Lou Harry
Name of company:                      Sea Harvest Corporation Proprietary Limited (major
                                      subsidiary)
Class of securities:                  Ordinary shares
Nature of transaction:                Grant and acceptance of Forfeitable Shares in terms of the
                                      FSP (off-market)
Date of transaction:                  23 March 2017
Number of securities:                 100 598
Notional strike price per security:   R12.50
Total value:                          R1 257 475.00
Nature and extent of interest:        Direct beneficial

Clearance for the above dealings in securities was obtained.

The above participation by the directors of Sea Harvest in the private placement and listing of Sea
Harvest aligns their interests with that of the shareholders of the Company.

Cape Town
29 March 2017

Sponsor
The Standard Bank of South Africa Limited

Date: 29/03/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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