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METAIR INVESTMENTS LIMITED - Dealings In Securities

Release Date: 04/04/2018 12:50
Code(s): MTA     PDF:  
Wrap Text
Dealings In Securities

METAIR INVESTMENTS LIMITED
(Reg No. 1948/031013/06)
(Incorporated in the Republic of South Africa)
Share code: MTA
ISIN code: ZAE000090692
(“Metair”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following off-market transactions by directors of Metair and its major subsidiaries and the company
secretary (“Participants”) are hereby disclosed.

ALLOCATION OF PERFORMANCE SHARES

The terms and conditions of the performance shares (“PS”) are:

 Date of award                                                 3 April 2018
 Number of PS awarded to Participants                          219 701
 Price paid per PS                                             Nil
 Total value of transaction                                    Nil
 Allocation price per PS                                       R23.00 being the closing price on 29 March 2018
 Class of securities                                           Ordinary shares
 Nature of transaction                                         Acceptance of PS
 Vesting date                                                  3 April 2021
 Vesting period                                                PS vest on the third anniversary of the award date to the
                                                               extent that the company’s performance criteria during the
                                                               intervening period has been met
 Transaction completed on market                               No
 Clearance obtained in terms of paragraph 3.66 of the Listings Yes
 Requirements

The details of the allocation of the PS per Participant are set out below. The nature of the interest of all Participants is direct
beneficial.

                                                                                                                Deemed value of PS
                                                                                             No. of PS
Participant                        Company name                                                                            (Rand)
                                                                                             accepted
Mr G. Paker                        Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi              28 406                     653 338.00
Mr T. Tulgar                       Mutlu Holding Anonim Sirketi                                  7 096                     163 208.00
Mr M. Bukagikiran                  Mutlu Holding Anonim Sirketi                                  7 309                     168 107.00
Mr A. Ozutku                       Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi               6 446                     148 258.00
Mr H. Demir                        Mutlu Holding Anonim Sirketi                                  7 238                     166 474.00
Mr Y. Kaptan                       Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi               9 840                     226 320.00
Mr H. Okur                         Mutlu Holding Anonim Sirketi                                  8 013                     184 299.00
Mr V. Kizil                        Mutlu Holding Anonim Sirketi                                  6 573                     151 179.00
Mr A. Onal                         Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi               6 434                     147 982.00
Mr E. Tavukcu                      Mutlu Holding Anonim Sirketi                                  4 490                     103 270.00
Mr O. Bekiroglu                    Mutlu Holding Anonim Sirketi                                  7 782                     178 986.00
Mr A. Lulsdorf                     Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi               7 732                     177 836.00
Mr D. Seker                        Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi              13 143                     302 289.00
Mr C.T. Loock                      Metair                                                       55 805                   1 283 515.00
Mr S. Douwenga                     Metair                                                       27 275                     627 325.00
Mr A. Jogia                        Metair                                                        7 611                     175 053.00
Ms S.M. Vermaak                    Metair                                                        8 508                     195 684.00

Johannesburg
4 April 2018

Sponsor
One Capital

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