MPACT LIMITED - Acceptance of performance share awards by directors, directors of a major subsidiary and prescribed officers

Acceptance of performance share awards by directors, directors of a major subsidiary and prescribed officers

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

ACCEPTANCE OF PERFORMANCE SHARE AWARDS BY DIRECTORS, DIRECTORS OF A MAJOR
SUBSIDIARY AND PRESCRIBED OFFICERS

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Office held                     :   Chief Executive Officer
Company                         :   Mpact Limited
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   225,585
Award price                     :   R29.689
Total value of award            :   R6,697,393.07
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Office held                     :   Chief Financial Officer
Company                         :   Mpact Limited
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   128,605
Award price                     :   R29.689
Total value of award            :   R3,818,153.85
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Office held                     :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   139,796
Award price                     :   R29.689
Total value of award            :   R4,150,403.44
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


Name                            :   HM Thompson
Office held                     :   Managing Director – Paper Manufacturing
                                    Division
Company                         :   Mpact Operations (Pty) Ltd
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   138,935
Award price                     :   R29.689
Total value of award            :   R4,124,841.22
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   109,035
Award price                     :   R29.689
Total value of award            :   R3,237,140.12
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


PRESCRIBED OFFICERS
Name                            :   JW Hunt
Office held                     :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   89,134
Award price                     :   R29.689
Total value of award            :   R2,646,299.33
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes
Name                            :   J Stumpf
Office held                     :   Managing Director – Corrugated Division
Company                         :   Mpact Operations (Pty) Ltd
Date of acceptance              :   3 April 2017
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2020 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of bonus shares          :   127,640
Award price                     :   R29.689
Total value of award            :   R3,789,503.96
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes



Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.



Melrose Arch
4 April 2017

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

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