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HULAMIN LIMITED - Exercise of long term incentive plan awards and subsequent sale of shares by director of a major subsidiary

Release Date: 18/05/2017 16:13
Code(s): HLM     PDF:  
Wrap Text
Exercise of long term incentive plan awards and subsequent sale of shares by director 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 DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with paragraph 3.63 and 3.92 of the Listings Requirements of the JSE Limited,
shareholders are notified of the acquisition and subsequent disposal of shares in the Company by the
Long-Term Incentive Plan Scheme with Performance Conditions (“LTIP-PC”) and the Long-Term
Incentive Plan without Performance Conditions (“LTIP-NPC”) (collectively referred to as the “LTIP
Scheme”) on behalf of a director of a major subsidiary of the Company, as follows:

 Director:                                     D Weisz
 Company:                                      Hulamin Operations Proprietary Limited
 Type of director:                             Executive director
 Nature of interest:                           Direct beneficial
 Clearance to deal obtained:                   Yes

 Date of acquisition and delivery:             17 May 2017
 Nature of transaction:                        On-market acquisition of ordinary shares in Hulamin by
                                               the LTIP Scheme for delivery to D Weisz
 Class of securities:                          Ordinary shares
 Number of LTIP ordinary shares                41 274
 purchased:
 Volume weighted average purchase              R6.5060
 price:
 Highest purchase price:                       R6.58
 Lowest purchase price:                        R6.50
 Value of transaction:                         R268 528.64


 Date of acquisition and disposal:             16 May 2017
 Nature of transaction:                        On-market acquisition and subsequent disposal of
                                               ordinary shares in Hulamin by the LTIP Scheme on
                                               behalf of D Weisz
 Class of securities:                          Ordinary shares
 Number of LTIP ordinary shares sold:          34 312
 Selling price:                                R6.58
 Value of transaction:                         R225 772.96


Pietermaritzburg
18 May 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

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