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SUN INTERNATIONAL LIMITED - Delivery of and dealing in securities by Prescribed Officer

Release Date: 17/04/2020 08:56
Code(s): SUI     PDF:  
Wrap Text
Delivery of and dealing in securities by Prescribed Officer

Sun International Limited
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
LEI: 378900835F180983C60
("Sun International" or “the Company”)


DELIVERY OF AND DEALING IN SECURITIES BY PRESCRIBED OFFICER

Dealing in Securities by Prescribed Officer

Shareholders are hereby advised that the following off-market delivery and on-market dealing in
Sun International ordinary shares has taken place following the vesting of forfeitable share awards
previously granted and accepted in terms of the rules of the Sun International Bonus Share
Matching Plan:-

Name of Prescribed Officer                    :   Thabo Mosololi
Designation                                   :   Chief Operating Officer - Gaming
Company                                       :   Sun International
Date of delivery                              :   17 April 2020
Number of shares                              :   1725
Deemed value of shares delivered*             :   R31 050
Nature of interest                            :   Direct Beneficial
Clearance to deal                             :   Not applicable – no dealing by Prescribed
                                                  Officer involved

Date of transaction                           :   16 April 2020
Number of shares                              :   1497
Price per share sold                          :   R17.35
Value of transaction                          :   R25 972.95
Nature of transaction                         :   Sale of shares in the open market to settle the
                                                  tax liability arising as a result of the delivery of
                                                  the shares referred to above pursuant to the
                                                  vesting of Sun International bonus matching
                                                  shares
Nature of interest                            :   Direct Beneficial
Clearance to deal                             :   Yes


Name of Prescribed Officer                    :   Thabo Mosololi
Designation                                   :   Chief Operating Officer - Gaming
Company                                       :   Sun International
Date of delivery                              :   17 April 2020
Number of shares                              :   20 374
Deemed value of shares delivered*             :   R366 732
Nature of interest                            :   Direct Beneficial
Clearance to deal                             :   Not applicable – no dealing by Prescribed
                                                  Officer involved
Date of transaction                           :   16 April 2020
Number of shares                              :   17 708
Volume weighted average price p/share         :   R17.6978
Highest price per share                       :   R17.80
Lowest price per share                        :   R17.68
Value of transaction                          :   R313 392.64
Nature of transaction                         :   Sale of shares in the open market to settle the
                                                  tax liability arising as a result of the delivery of
                                                  the shares referred to above pursuant to the
                                                  vesting of Sun International restricted shares
Nature of interest                            :   Direct Beneficial
Clearance to deal                             :   Yes



* Deemed value is based using the closing share price of R 18.00 per Sun International ordinary
  share on 16 April 2020.


Sandton
17 April 2020

Sponsor: Investec Bank Limited

Date: 17-04-2020 08:56:00
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