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HULAMIN LIMITED - Exercise of Long Term Incentive Plan Awards and subsequent sale of Shares by Directors of a Major Subsidiary

Release Date: 26/04/2017 17:29
Code(s): HLM     PDF:  
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Exercise of Long Term Incentive Plan Awards and subsequent sale of Shares by Directors of a Major Subsidiary

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin”)

EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF SHARES
BY DIRECTORS OF A MAJOR SUBSIDIARY

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

 Director:                                     F Bradford
 Company:                                      Hulamin Operations Proprietary Limited
 Nature of interest:                           Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of the transactions                      24 April 2017

 Nature of transaction:                        Acquisition of ordinary shares in Hulamin through the
                                               off-market exercise of Long Term Incentive Plan awards
                                               with performance conditions (“LTIP-PC”) and
                                               subsequent on- market sale of ordinary shares
 Class of securities:                          LTIP-PC in respect of ordinary shares
 Number of LTIP-PC ordinary shares             59 763
 exercised:
 Exercise price:                               R6.75
 Value of exercise:                            R403 400.25

 Number of ordinary shares sold:               27 789
 Selling price:                                R6.75
 Value of sale:                                R187 575.75

 Nature of transaction:                        Acquisition of ordinary shares in Hulamin through the
                                               off-market exercise of Long Term Incentive Plan awards
                                               with no performance conditions (“LTIP-NPC”) and
                                               subsequent on-market sale of ordinary shares
 Class of securities:                          LTIP-NPC in respect of ordinary shares
 Number of LTIP-NPC ordinary shares            29 218
 exercised:
 Exercise price:                               R6.75
 Value of exercise:                            R197 221.50

 Date of sale:                                 24 April 2017
 Number of ordinary shares sold:               13 586
 Selling price:                                R6.75
 Value of sale:                                R91 705.50


 Director:                                     MA Janneker
 Company:                                      Hulamin Operations Proprietary Limited
 Nature of interest:                           Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of the transactions:                     24 April 2017

 Nature of transaction:                        Acquisition of ordinary shares in Hulamin through the
                                               off-market exercise of Long Term Incentive Plan awards
                                               with performance conditions (“LTIP-PC”) and
                                               subsequent on- market sale of ordinary shares
 Class of securities:                          LTIP-PC in respect of ordinary shares
 Number of LTIP-PC ordinary shares             36 797
 exercised:
 Exercise price:                               R6.75
 Value of exercise:                            R248 379.75

 Number of ordinary shares sold:               36 797
 Selling price:                                R6.75
 Value of sale:                                R248 379.75

 Nature of transaction:                        Acquisition of ordinary shares in Hulamin through the
                                               off-market exercise of Long Term Incentive Plan awards
                                               with no performance conditions (“LTIP-NPC”) and
                                               subsequent on-market sale of ordinary shares
 Class of securities:                          LTIP-NPC in respect of ordinary shares
 Number of LTIP-PC ordinary shares             17 990
 exercised:
 Exercise price:                               R6.75
 Value of exercise:                            R121 432.50

 Number of ordinary shares sold:               17 990
 Selling price:                                R6.75
 Value of sale:                                R121 432.50

Pietermaritzburg
26 April 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

Date: 26/04/2017 05:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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