MPACT LIMITED - Dealings in securities by directors, a director of a major subsidiary, a prescribed officer and the share trust

Release Date: 11/09/2018 10:24
Code(s): MPT
 
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Dealings in securities by directors, a director of a major subsidiary, a prescribed officer and the share trust

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

DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY, A
PRESCRIBED OFFICER AND THE SHARE TRUST

In compliance with the JSE Limited Listings Requirements, shareholders are
hereby advised of the following dealings in securities by directors of the
Company, directors of a major subsidiary, prescribed officers of the Company
and the Share Trust, each of whom received Mpact shares in respect of their
shareholdings in the Company under the terms of the Scrip Distribution, the
results of which were announced on the Stock Exchange News Service on 10
September 2018.

DIRECTORS OF MPACT LIMITED

Name                                    :    AJ Phillips
Office held                             :    Non-executive director
Company                                 :    Mpact Limited
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue)-
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    57
Deemed price per Scrip Distribution     :    2319 cents
Share
Total value of transaction              :    R1 321.83
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


Name                                    :    AJ Phillips
Office held                             :    Non-executive director
Company                                 :    Mpact Limited
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    9
Deemed price per Scrip Distribution     :    2319 cents
Share
Total value of transaction              :    R208.71
Nature of interest                      :    Indirect beneficial
Clearance obtained                      :    Yes


Name                                    :    BW Strong
Office held                             :    Chief Executive Officer
Company                                 :    Mpact Limited
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    3518
Deemed price per Scrip Distribution     :    2319 cents
Share
Total value of transaction              :    R81 582.42
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


Name                                    :    BDV Clark
Office held                             :    Chief Financial Officer
Company                                 :    Mpact Limited
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    666
Deemed price per Scrip Distribution     :    2319 cents
Share
Total value of transaction              :    R15 444.54
Nature of interest                      :    Indirect beneficial
Clearance obtained                      :    Yes


DIRECTOR OF A MAJOR SUBSIDIARY

Name                                    :    RP von Veh
Office held                             :    Managing Director - Converting
                                             Division
Company                                 :    Mpact Operations (Pty) Ltd
Date of transaction                     :    10 September 2018

Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    395
Deemed price per Scrip Distribution
Share                                   :    2319 cents
Total value of transaction              :    R9 160.05
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


Name                                    :    HM Thompson
Office held                             :    Managing Director – Paper
                                             Division
Company                                 :    Mpact Operations (Pty) Ltd
Date of transaction                     :    10 September 2018

Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    2325
Deemed price per Scrip Distribution
Share                                   :    2319 cents
Total value of transaction              :    R53 916.75
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


PRESCRIBED OFFICER OF THE COMPANY

Name                                    :    JW Hunt
Office held                             :    Managing Director
Company                                 :    Mpact Recycling (Pty) Ltd
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    1404
Deemed price per Scrip Distribution
Share                                   :    2319 cents
Total value of transaction              :    R32 558.76
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


Name                                    :    J Stumpf
Office held                             :    Managing Director-Corrugated
                                             Division
Company                                 :    Mpact Operations (Pty) Ltd
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    74
Deemed price per Scrip Distribution
Share                                   :    2319 cents
Total value of transaction              :    R1 716.06
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes


MPACT LIMITED INCENTIVE SCHEME TRUST (“SHARE TRUST”)

Name                                    :    Share Trust
Date of transaction                     :    10 September 2018
Nature of transaction                   :    Off-market (primary issue) -
                                             receipt of Scrip Distribution
                                             Shares
Number of Scrip Distribution Shares     :    8979
Deemed price per Scrip Distribution
Share                                   :    2319 cents
Total value of transaction              :    R208 223.01
Nature of interest                      :    Direct beneficial
Clearance obtained                      :    Yes
Melrose Arch
11 September 2018

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