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LONG4LIFE LIMITED - Director's Dealings in Securities

Release Date: 09/04/2021 16:10
Code(s): L4L     PDF:  
Wrap Text
Director's Dealings in Securities

LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2016/216015/06)
Share code: L4L ISIN: ZAE000243119
("Long4Life" or “the Company” or “the Group”)


DIRECTOR’S DEALINGS IN SECURITIES


An executive director has exercised his rights in terms of the group’s Conditional Share Plan (CSP). The
remuneration committee has elected to cash settle the awards which vested as provided for in the CSP rules.
Executive Director:                                    Mr B Joffe
Date of cash settlement:                               9 April 2021
Number of Long4Life shares accrued                     393 750
in terms of CSP awards:

Market value of award :                                R1 464 750

Deemed value per award:                                R3,72
Class of shares:                                       Ordinary shares
Nature of transaction:                                 Off market vesting of CSP awards and the election
                                                       by Mr Joffe on 1 April 2021 to receive such vested
                                                       awards by way of a cash settlement.
Nature of interest:                                    Direct beneficial



Clearance in terms of paragraph 3.66 was obtained from the chairman of the Remuneration Committee.


Johannesburg
9 April 2021

Sponsor: The Standard Bank of South Africa Limited

Date: 09-04-2021 04:10:00
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