To view the PDF file, sign up for a MySharenet subscription.

ITALTILE LIMITED - Dealings in Securities by Directors and a Director of a Major Subsidiary

Release Date: 06/09/2017 09:14
Code(s): ITE     PDF:  
Wrap Text
Dealings in Securities by Directors and a Director of a Major Subsidiary

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS AND A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


Name of director:                                Jan Potgieter
Company:                                         Italtile Limited
Nature of transaction:                           Off market award of shares under the Share Appreciation
                                                 Rights Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            141 257
Price per security:                              R14.12
Total value:                                     R1 994 548.84

Name of director:                                Brandon Wood
Company:                                         Italtile Limited
Nature of transaction:                           Off market award of shares under the Share Appreciation
                                                 Rights Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            28 251
Price per security:                              R14.12
Total value:                                     R398 904.12

Name of director:                                Tsundzukani Mhlanga
                                                 Italtile Ceramics Proprietary Limited, a major subsidiary of
Company:                                         Italtile Limited
Nature of transaction:                           Off market grant and acceptance of share appreciation
                                                 rights (“SARs”) under the Share Appreciation Rights
                                                 Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            500 000
Price per security:                              R14.12
Period of exercise:                              The vesting dates of the SARs are: 25% on 31 August 2020
                                                 and 75% on 31 August 2022
Johannesburg
6 September 2017

Sponsor
Merchantec Capital

Date: 06/09/2017 09:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story