MPACT LIMITED - Acceptance of performance share awards to directors and prescribed officers

Acceptance of performance share awards to directors and prescribed officers

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

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

ACCEPTANCE OF PERFORMANCE SHARE AWARDS TO DIRECTORS AND PRESCRIBED OFFICERS

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Office held                     :   Chief Executive Officer
Company                         :   Mpact Limited
Date of acceptance              :   3 April 2018
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2021 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of performance shares    :   242,250
Award price                     :   R28.89
Total value of award            :   R6,998,602.50
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Office held                     :   Chief Financial Officer
Company                         :   Mpact Limited
Date of acceptance              :   3 April 2018
Nature of transaction           :   Off-market acceptance of conditional
                                    performance share awards vesting in March
                                    2021 subject to the achievement of agreed
                                    targets
Class of securities             :   Ordinary shares
Number of performance shares    :   138,109
Grant price                     :   R28.89
Total value of award            :   R3,989,969.01
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

DIRECTORS OF MAJOR SUBSIDIARY
Name                           :   HM Thompson
Office held                    :   Managing Director – Paper Manufacturing
                                   Division
Company                        :   Mpact Operations (Pty) Ltd
Date of acceptance             :   3 April 2018
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2021 subject to the achievement of agreed
                                   targets
Class of securities            :   Ordinary shares
Number of performance shares   :   149,202
Grant price                    :   R28.89
Total value of award           :   R4,310,445.78
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes

Name                           :   N Naidoo
Office held                    :   Managing Director – Plastics Division
Company                        :   Mpact Operations (Pty) Ltd
Date of acceptance             :   3 April 2018
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2021 subject to the achievement of agreed
                                   targets
Class of securities            :   Ordinary shares
Number of performance shares   :   117,093
Grant price                    :   R28.89
Total value of award           :   R3,382,816.77
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes

Name                           :   J Stumpf
Office held                    :   Managing Director – Corrugated Division
Company                        :   Mpact Operations (Pty) Ltd
Date of acceptance             :   3 April 2018
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2021 subject to the achievement of agreed
                                   targets
Class of securities            :   Ordinary shares
Number of performance shares   :   137,073
Grant price                    :   R28.89
Total value of award           :   R3,960,038.97
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes


PRESCRIBED OFFICERS
Name                           :   JW Hunt
Office held                    :   Managing Director
Company                        :   Mpact Recycling (Pty) Ltd
Date of acceptance             :   3 April 2018
Nature of transaction          :   Off-market acceptance of conditional
                                   performance share awards vesting in March
                                   2021 subject to the achievement of agreed
                                   targets
Class of securities            :   Ordinary shares
Number of performance shares   :   95,721
Grant price                    :   R28.89
Total value of award           :   R2,765,379.69
Nature of interest             :   Direct beneficial
Clearance obtained             :   Yes


Note:
1. Prescribed officers are defined as having general executive control over
and management of a significant portion of the Company or regularly
participate therein to a material degree.



Melrose Arch
6 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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