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ESOR LIMITED - Allocation of Shares In Terms of The ESOR Limited Share Plan - ESR

Release Date: 06/02/2017 15:16:00      Code(s): ESR       PDF(s):  
Allocation of Shares In Terms of The ESOR Limited Share Plan - ESR

ESOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000184669

ALLOCATION OF SHARES IN TERMS OF THE ESOR LIMITED SHARE PLAN

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited,
shareholders are advised of the award of Performance Shares in terms of the Esor Limited
Share Plan (the “Share Plan”) to executive directors of Esor Limited and to executive
directors of Esor Construction Proprietary Limited, a major subsidiary, as detailed below.

The Performance Shares allocated under the Share Plan are subject to performance
conditions as set out in the Award Letter.

Name of director:                           Wessel Van Zyl
Company                                     Esor Limited
Designation:                                Executive director
Date of award:                              3 February 2017
Number of shares awarded:                   875 000 Performance Shares
Price at which shares were awarded:         38 cents
Class of securities:                        Ordinary
Value of transaction:                       R332 500
Nature of Interest:                         Direct beneficial
Vesting date:                               30 June 2019
Clearance obtained:                         Yes



Name of director:                           Bruce Atkinson
Company                                     Esor Limited
Designation:                                Executive director
Date of award:                              3 February 2017
Number of shares awarded:                   400 000 Performance Shares
Price at which shares were awarded:         38 cents
Class of securities:                        Ordinary
Value of transaction:                       R152 000
Nature of Interest:                         Direct beneficial
Vesting date:                               30 June 2019
Clearance obtained:                         Yes
Name of director:                     David Gibbons
Company                               Esor Construction Proprietary Limited
Designation:                          Managing director
Date of award:                        3 February 2017
Number of shares awarded:             750 000 Performance Shares
Price at which shares were awarded:   38 cents
Class of securities:                  Ordinary
Value of transaction:                 R285 000
Nature of Interest:                   Direct beneficial
Vesting date:                         30 June 2019
Clearance obtained:                   Yes



Name of director:                     Warren Van Der Vyver
Company                               Esor Construction Proprietary Limited
Designation:                          Commercial director
Date of award:                        3 February 2017
Number of shares awarded:             400 000 Performance Shares
Price at which shares were awarded:   38 cents
Class of securities:                  Ordinary
Value of transaction:                 R152 000
Nature of Interest:                   Direct beneficial
Vesting date:                         30 June 2019
Clearance obtained:                   Yes




Germiston
6 February 2017

Sponsor
Vunani Corporate Finance

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