ATTACQ LIMITED - Dealings in securities by directors of Attacq

Release Date: 28/06/2018 09:55
Code(s): ATT
 
Wrap Text
Dealings in securities by directors of Attacq

ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT  ISIN: ZAE000177218
(“Attacq” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS OF ATTACQ


Shareholders are advised of the following information relating to the award and acceptance of conditional
performance shares (“CSPs”) under the Attacq Limited Long-Term Incentive Plan (“LTIP”) which are subject to
various performance conditions which had been set and agreed by the Remuneration Committee in line with the
strategic achievements of the company (which in each case may be increased to 150% of the award made where the
various performance conditions have been exceeded). These awards will vest on the vesting date with the 5-day
volume weighted average price (“VWAP”) as at the date of vesting being used as the settlement amount.

Acceptance date:                                 27 June 2018
Class of security:                               CSPs in respect of ordinary shares
Price per security:                              Rnil
Nature of transaction:                           Off-market allocation of CSPs under the LTIP
Nature and extent of directors’ interests:       Direct beneficial
Clearance to deal received:                      Yes
Names of directors:                              Number of CSPs accepted:        Total deemed value at R18.02 per
                                                                                 security, being the 30-day VWAP
                                                                                 as at date of acceptance:
Melt Hamman                                      1 000 000                       R18 020 000.00
Jackie van Niekerk                                 500 000                       R 9 010 000.00
Raj Nana                                           500 000                       R 9 010 000.00
Vesting date:                                    14 October 2021

28 June 2018


Sponsor
Java Capital

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