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HULAMIN LIMITED - Exercise of Long Term Incentive Plan Awards and subsequent sale of shares by a director

Release Date: 25/04/2018 13:40
Code(s): HLM     PDF:  
Wrap Text
Exercise of Long Term Incentive Plan Awards and subsequent sale of shares by a director

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin” or “the Company”)

EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF SHARES
BY A DIRECTOR

In compliance with paragraphs 3.63 and 3.92 of the Listings Requirements of the JSE Limited,
shareholders are notified of the delivery of shares in the Company to a director of the Company in
terms of the Long-Term Incentive Plan Scheme with Performance Conditions and the Long-Term
Incentive Plan without Performance Conditions (collectively referred to as the “LTIP Scheme”), and
the subsequent disposal of those shares by the director as set out below:

Director:                                        MZ Mkhize
Nature of transaction:                           Off-market delivery of shares in Hulamin in
                                                 terms of the LTIP Scheme and the subsequent
                                                 on-market disposal those shares
Class of securities:                             Ordinary shares
Date of transaction:                             24 April 2018
Total number of shares acquired and disposed     51 444
of:
Price of securities on the day immediately       R5.20 per share
preceding this transaction and sale price:
Total value of shares disposed of:               R267 508.80
Nature of interest:                              Direct beneficial
Clearance to deal obtained:                      Yes


Pietermaritzburg
25 April 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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