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METAIR INVESTMENTS LIMITED - Dealings in securities

Release Date: 04/04/2023 08:00
Code(s): MTA     PDF:  
Wrap Text
Dealings in securities

METAIR INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1948/031013/06
Share code: MTA
ISIN code: ZAE000090692
(“Metair” or the “Company”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following transactions by directors of Metair and its major subsidiaries and Metair’s company secretary
(“Participants”) are hereby disclosed.

ALLOCATION AND ACCEPTANCE OF PERFORMANCE SHARES IN TERMS OF THE METAIR INVESTMENTS LIMITED
2009 SHARE PLAN

The terms and conditions of the performance shares (“Performance Shares”) are:

  Date of award                                                 3 April 2023
  Number of Performance Shares awarded to Participants          680 780
  Price paid per Performance Share                              Nil
  Total value of transaction                                    Nil
  Allocation price per Performance Share                        R22.86 being the 20-day volume weighted average price as at
                                                                31 March 2023
  Class of securities                                           Ordinary shares
  Nature of transaction                                         Acceptance of Performance Shares
  Date of acceptance                                            3 April 2023
  Vesting date                                                  3 April 2026
  Vesting period                                                Performance Shares vest on the third anniversary of the award
                                                                date to the extent that the Company’s performance criteria
                                                                during the intervening period has been met
  Transaction completed                                         Off-market
  Clearance obtained in terms of paragraph 3.66 of the Listings Yes
  Requirements

The details of the allocation of the Performance Shares per Participant are set out below. The nature and extent of interest of
all Participants is direct beneficial.

                                                                                                    Deemed value of
                                                                     No. of Performance          Performance Shares
 Director                        Company name                           Shares accepted                      (Rand)
                                                                                                
 Mr D. Seker                     Mutlu Holding Anonim Sirketi                    68 804                1 572 859.44
 Mr B. Eser                      Mutlu Holding Anonim Sirketi                    28 932                  661 385.52
 Ms S. Emiroglu                  Mutlu Holding Anonim Sirketi                    29 899                  683 491.14
 Mr Y. Kaptan                    Mutlu Holding Anonim Sirketi                    24 776                  566 379.36
 Mr M. Isiltan                   Mutlu Holding Anonim Sirketi                    27 265                  623 277.90
 Mr D. Gunes                     Mutlu Holding Anonim Sirketi                    29 657                  677 959.02
 Mr T. Korlu                     Mutlu Holding Anonim Sirketi                    29 236                  668 334.96
 Mr B. Sen                       Mutlu Holding Anonim Sirketi                    28 570                  653 110.20
 Mr B. Erol                      Mutlu Holding Anonim Sirketi                    27 019                  617 654.34
 Mr I. Atay Rodoplu              Mutlu Holding Anonim Sirketi                    19 046                  435 391.56
 Mr S. Douwenga                  Metair                                         175 227                4 005 689.22
 Mr A. Jogia                     Metair                                          89 178                2 038 609.08
 Ms T. Marcus                    Metair                                          35 105                  802 500.30
 Ms S.M. Vermaak                 Metair                                          35 879                  820 193.94
 Ms M. Mail                      Metair                                          20 109                  459 691.74
 Ms S. Banda                     Metair                                          12 078                  276 103.08


Johannesburg
4 April 2023

Sponsor
One Capital

Date: 04-04-2023 08:00:00
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