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SANLAM LIMITED - Directors and Company Secretary dealings in Sanlam securities

Release Date: 30/06/2017 17:07
Code(s): SLM     PDF:  
Wrap Text
Directors’ and Company Secretary dealings in Sanlam securities

Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
ISIN: ZAE000070660
(“Sanlam”)

Directors’ and Company Secretary dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by directors and the Company Secretary in Sanlam
securities:

No.1
Name:                              IM Kirk
Designation:                       Executive Director
Date of transaction:               29 June 2017
Total number of shares:            71 747
Total transaction value            R nil (Conditional value of
                                   R4 690 818.86 based on closing price
                                   of R65.38 per share on 29 June 2017)
Retention and performance          Five years
period:
Nature and extent of the           Direct beneficial
director’s interest in the
transaction:
Class of securities:               Ordinary shares
Nature of transaction:             Acceptance of a conditional
                                   undertaking under the Deferred Share
                                   Plan and Performance Deferred Share
                                   Plan to receive fully paid-up shares
                                   in future should certain pre-
                                   determined performance hurdles be
                                   met over the period 01 June 2017
                                   until 01 June 2022
On market/Off market trade:        Off Market
Prior authority to transact        Yes
obtained:

No. 2
Name:                              HC Werth
Designation:                       Financial Director
Date of transaction:               29 June 2017
Total number of shares:            73 358
Total transaction value:           R nil (Conditional value of
                                   R4 796 146.04 based on closing price
                                   of R65.38 per share on 29 June 2017)
Retention and performance period   Five years
Nature and extent of the           Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Acceptance of a conditional
                              undertaking under the Deferred Share
                              Plan and Performance Deferred Share
                              Plan to receive fully paid-up shares
                              in future should certain pre-
                              determined performance hurdles be
                              met over the period 01 June 2017
                              until 01 June 2022
On market/Off market trade:   Off Market
Prior authority to transact   Yes
obtained:

No. 3
Name:                         HC Werth
Designation:                  Financial Director
Date of transaction:          29 June 2017
Total number of shares:       105 712
Total transaction value:      R nil (Conditional value of
                              R6 911 450.56 based on closing price
                              of R65.38 per share on 29 June 2017)
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Transfer of Sanlam ordinary shares
                              to the Sanlam Minimum Shareholding
                              Requirement Plan (MSRP) following
                              delivery of shares under the
                              Deferred/Performance Share Plans and
                              the Restricted Share Plan and the
                              pledge of these shares by the
                              Director to the Sanlam MSRP
On market/Off market trade:   Off Market
Prior authority to transact   Yes
obtained:

No. 4
Name:                         T Mvusi
Designation:                  Executive Director
Date of transaction:          29 June 2017
Total number of shares:       65 361
Total transaction value:      R nil (Conditional value of
                              R4 273 302.18 based on closing price
                              of R65.38 per share on 29 June 2017)
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Transfer of Sanlam ordinary shares
                              to the Sanlam Minimum Shareholding
                              Requirement Plan (MSRP) following
                              delivery of shares under the
                              Deferred/Performance Share Plans and
                              the Restricted Share Plan and the
                              pledge of these shares by the
                              Director to the Sanlam MSRP
On market/Off market trade:   Off Market
Prior authority to transact   Yes
obtained:

No. 5
Name:                         T Mvusi
Designation:                  Executive Director
Date of transaction:          29 June 2017
Total number of shares:       29 334
Total transaction value:      R nil (Conditional value of
                              R1 917 856.92 based on closing price
                              of R65.38 per share on 29 June 2017)
Retention and performance     Five years
period:
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Acceptance of a conditional
                              undertaking under the Deferred Share
                              Plan and Performance Deferred Share
                              Plan to receive fully paid-up
                              shares in future should certain pre-
                              determined performance hurdles be
                              met over the period 01 June 2017
                              until 01 June 2022
On market/Off market trade:   Off Market
Prior authority to transact   Yes
obtained:


No. 6
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          26 June 2017
Total number of shares:       11 989
Market value per share:       R65.04
Total deemed value:           779 764.56
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Delivery of Sanlam ordinary shares
                              under Deferred and Performance Share
                              Plans
On market/Off market trade    Off Market
Prior authority to transact   Yes
obtained:

No. 7
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          26 June 2016
Market value per share:       R65.04
Total number of shares:       11 989
Total transaction value:      R779 764.56
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Sale of Sanlam ordinary shares under
                              Deferred and Performance Share Plans
                              to meet income tax obligations on
                              vesting of shares and diversify
                              portfolio
On market/Off market trade    On Market
Prior authority to transact   Yes
obtained:

No. 8
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          29 June 2017
Total number of shares:       13 295
Total transaction value:      R nil (Conditional value of
                              R869 227.10 based on the closing
                              price of R65.38 per share on 29 June
                              2017)
Retention and performance     Five years
period:
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Acceptance of a conditional
                              undertaking under the Deferred Share
                              Plan and Performance Deferred Share
                              Plan (approved long-term retention
                              plans) to receive fully paid-up
                              shares in future should certain pre-
                              determined performance hurdles be
                              met over the period 01 June 2017
                              until 01 June 2022
On market/Off market trade    Off Market
Prior authority to transact   Yes
obtained:

No. 9
Name:                         Y Ramiah
Designation:                  Executive Director
Date of transaction:          29 June 2017
Total number of shares:       30 230
Total transaction value:      R nil (Conditional value of
                              R1 976 437.40 based on the closing
                              price of R65.38 per share on 29 June
                              2017)
Retention and performance     Five years
period:
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Acceptance of a conditional
                              undertaking under the Deferred Share
                              Plan and Performance Deferred Share
                              Plan to receive fully paid-up shares
                              in future should certain pre-
                              determined performance hurdles be
                              met
On market/Off market trade    Off Market
Prior authority to transact   Yes
obtained:

No. 10
Name:                         Y Ramiah
Designation:                  Executive Director
Date of transaction:          29 June 2017
Total number of shares:       29 916
Total transaction value:      R Nil (Conditional value of
                              R1 955 908.08 based on closing price
                              of R65.38 per share on 29 June 2017)
Nature and extent of the      Direct beneficial
director’s interest in the
transaction:
Class of securities:          Ordinary shares
Nature of transaction:        Transfer of Sanlam ordinary shares
                              to the Sanlam Minimum Shareholding
                              Requirement Plan (MSRP) following
                              delivery of shares under the
                              Deferred/Performance Share Plans and
                              the Restricted Share Plan and the
                              pledge of these shares by the
                              Director to the Sanlam MSRP
On market/Off market trade    Off Market
Prior authority to transact   Yes
obtained:


Bellville
30 June 2017

Sponsor Deutsche Securities (SA) Proprietary Limited

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