SANLAM LIMITED - Directors and Company Secretary dealings in Sanlam securities

Release Date: 14/06/2018 15:30
Code(s): SLM
 
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:              12 June 2018
Total number of shares:           138 280
Total transaction value           R nil (Conditional value of R10 178
                                  790.80 based on closing price of
                                  R73.61 per share on 12 June 2018)
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 2018
                                  until 01 June 2023
On market/Off market trade:       Off Market
Prior authority to transact
obtained:                         Yes

No. 2
Name:                              HC Werth
Designation:                       Financial Director
Date of transaction:               12 June 2018
Total number of shares:            58 255
Total transaction value:           R nil (Conditional value of R4 288
                                   150.55 based on closing price of
                                   R73.61 per share on 12 June 2018)
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 2018
                                   until 01 June 2023
On market/Off market trade:        Off Market
Prior authority to transact
obtained:                          Yes

No. 3
Name:                              IM Kirk
Designation:                       Executive Director
Date of transaction:               12 June 2018
Total number of shares:            87 157
Total transaction value:           R nil (Conditional value of
                                   R6 415 626.77 based on closing price
                                   of R73.61 per share on 12 June 2018)
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 pledge of these shares by the
                                   Director to the Sanlam MSRP
On market/Off market trade:        Off Market
Prior authority to transact
obtained:                          Yes

No. 4
Name:                         IM Kirk
Designation:                  Executive Director
Date of transaction:          12 June 2018
Total number of shares:       24 719
Total transaction value:      R nil (Conditional value of R1 819
                              565.59 based on closing price of
                              R73.61 per share on 12 June 2018)
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 Restricted
                              Share Plan of fully paid-up shares
                              subject to certain pre-determined
                              performance hurdles be met over the
                              period 01 June 2018 until 01 June
                              2023
On market/Off market trade:   Off Market
Prior authority to transact
obtained:                     Yes

No. 5
Name:                         T Mvusi
Designation:                  Executive Director
Date of transaction:          12 June 2018
Total number of shares:       26 861
Total transaction value:      R nil (Conditional value of R1 977
                              238.21 based on closing price of
                              R73.61 per share on 12 June 2018)
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 2018
                              until 01 June 2023
On market/Off market trade:   Off Market
Prior authority to transact
obtained:                     Yes

No. 6
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          11 June 2018
Total number of shares:       13 178
Market value per share:       R73.2592
Total transaction value:      R965 409.74
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
obtained:                     Yes



No. 7
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          11 June 2018
Market value per share:       R73.2592
Total number of shares:       13 178
Total transaction value:      R965 409.74
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
                              investment portfolio
On market/Off market trade    On Market
Prior authority to transact
obtained:                     Yes

No. 8
Name:                         S Bray
Designation:                  Group Company Secretary
Date of transaction:          12 June 2018
Total number of shares:       12 654
Total transaction value:      R nil (Conditional value of R931
                              460.94 based on the closing price of
                              R73.61 per share on 12 June 2018)
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 2018
                              until 01 June 2023
On market/Off market trade    Off Market
Prior authority to transact
obtained:                     Yes




No. 9
Name:                         HC Werth
Designation:                  Financial Director
Date of transaction:          11 June 2018
Total number of shares:       38 649
Market value per share:       R73.4944
Total deemed value:           R2 840 485.07
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
obtained:                     Yes

No. 10
Name:                         HC Werth
Designation:                  Financial Director
Date of transaction:          11 June 2018
Market value per share:       R73.4944
Total number of shares:       17 502
Total transaction value:      R1 286 298.99
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
On market/Off market trade    On Market
Prior authority to transact
obtained:                     Yes



No. 11
Name:                         HC Werth
Designation:                  Financial Director
Date of transaction:          11 June 2018
Market value per share:       R73.68
Total number of shares:       54 169
Total transaction value:      R3 991 171.92
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
                              Restricted Share Plan to meet income
                              tax obligations on vesting of shares
On market/Off market trade    On Market
Prior authority to transact
obtained:                     Yes

No. 12
Name:                         T Mvusi
Designation:                  Executive Director
Date of transaction:          11 June 2018
Total number of shares:       27 430
Market value per share:       R73.4944
Total deemed value:           R2 015 951.39
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
obtained:                     Yes



No. 13
Name:                         T Mvusi
Designation:                  Executive Director
Date of transaction:          11 June 2018
Market value per share:       R73.4944
Total number of shares:       12 421
Total transaction value:      R912 873.94
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
On market/Off market trade    On Market
Prior authority to transact
obtained:                     Yes

No. 14
Name:                             T Mvusi
Designation:                      Executive Director
Date of transaction:              11 June 2018
Market value per share:           R73.68
Total number of shares:           9 417
Total transaction value:          R693 844.56
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
                                  Restricted Share Plan to meet income
                                  tax obligations on vesting of shares
On market/Off market trade        On Market
Prior authority to transact
obtained:                         Yes




Bellville
14 June 2018
Sponsor Deutsche Securities (SA) Proprietary Limited

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