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INVICTA HOLDINGS LIMITED - Grant and acceptance of Long Term Bonus and Share Incentive Rights

Release Date: 26/06/2018 15:55
Code(s): IVT IVTP     PDF:  
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Grant and acceptance of Long Term Bonus and Share Incentive Rights

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta")

Grant and acceptance of Long Term Bonus and Share Incentive Rights (“LBSIRs”)

In terms of the Listings Requirements of the JSE Limited, the following information is disclosed:

        Name of director:                   A Goldstone
        Company:                            Invicta Holdings Limited
        Nature of transaction:              Grant and acceptance of LBSIRs in terms of the Invicta
                                            LBSIR Scheme. The participant will be paid for each LBSIR
                                            granted by the growth in value of the LBSIR as calculated
                                            from the Grant date and Grant price till the Exercise Date. The
                                            LBSIR payment will be made in Invicta ordinary shares.
        Number of LBSIRs:                   258 126
        Class of securities:                Long Term Bonus and Share Incentive Rights in respect of
                                            ordinary Invicta shares
        Grant date:                         25 June 2018
        Acceptance date:                    26 June 2018
        Grant price per LBSIR:              R37.90
        Value per LBSIR:                    R10.46
        Value of transaction:               R2 699 997.96
        Vesting period:                     LBSIRs will vest as follows:
                                            31 March 2021 - 50%
                                            31 March 2022 - 25%
                                            31 March 2023 - 25%
        Nature of interest:                 Direct beneficial
        Trade:                              Off-market
        Clearance obtained:                 Yes


        Name of director:                   AM Sinclair
        Company:                            Invicta Holdings Limited
        Nature of transaction:              Grant and acceptance of LBSIRs in terms of the Invicta
                                            LBSIR Scheme. The participant will be paid for each LBSIR
                                            granted by the growth in value of the LBSIR as calculated
                                            from the Grant date and Grant price till the Exercise Date. The
                                            LBSIR payment will be made in Invicta ordinary shares.
        Number of LBSIRs:                   217 973
        Class of securities:                Long Term Bonus and Share Incentive Rights in respect of
                                            ordinary Invicta shares
        Grant date:                         25 June 2018
        Acceptance date:                    26 June 2018
        Grant price per LBSIR:              R37.90
        Value per LBSIR:                    R10.46
        Value of transaction:               R2 279 997.58
        Vesting period:                     LBSIRs will vest as follows:
                                            31 March 2021 - 50%
                                            31 March 2022 - 25%
                                            31 March 2023 - 25%
        Nature of interest:                 Direct beneficial
        Trade:                              Off-market
        Clearance obtained:                 Yes
        Name of director:                 C Barnard
        Company:                          Invicta Holdings Limited
        Nature of transaction:            Grant and acceptance of LBSIRs in terms of the Invicta
                                          LBSIR Scheme. The participant will be paid for each LBSIR
                                          granted by the growth in value of the LBSIR as calculated
                                          from the Grant date and Grant price till the Exercise Date. The
                                          LBSIR payment will be made in Invicta ordinary shares.
        Number of LBSIRs:                 141 969
        Class of securities:              Long Term Bonus and Share Incentive Rights in respect of
                                          ordinary Invicta shares
        Grant date:                       25 June 2018
        Acceptance date:                  26 June 2018
        Grant price per LBSIR:            R37.90
        Value per LBSIR:                  R10.46
        Value of transaction:             R1 484 995.74
        Vesting period:                   LBSIRs will vest as follows:
                                          31 March 2021 - 50%
                                          31 March 2022 - 25%
                                          31 March 2023 - 25%
        Nature of interest:               Direct beneficial
        Trade:                            Off-market
        Clearance obtained:               Yes


        Name of director:                 GM Pelser
        Company:                          Invicta Holdings Limited
        Nature of transaction:            Grant and acceptance of LBSIRs in terms of the Invicta
                                          LBSIR Scheme. The participant will be paid for each LBSIR
                                          granted by the growth in value of the LBSIR as calculated
                                          from the Grant date and Grant price till the Exercise Date. The
                                          LBSIR payment will be made in Invicta ordinary shares.
        Number of LBSIRs:                 143 403
        Class of securities:              Long Term Bonus and Share Incentive Rights in respect of
                                          ordinary Invicta shares
        Grant date:                       25 June 2018
        Acceptance date:                  26 June 2018
        Grant price per LBSIR:            R37.90
        Value per LBSIR:                  R10.46
        Value of transaction:             R1 499 995.38
        Vesting period:                   LBSIRs will vest as follows:
                                          31 March 2021 - 50%
                                          31 March 2022 - 25%
                                          31 March 2023 - 25%
        Nature of interest:               Direct beneficial
        Trade:                            Off-market
        Clearance obtained:               Yes


Cape Town
26 June 2018

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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