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Grant and Acceptance of Share Awards by Directors and the Company Secretary
LIBERTY HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 1968/002095/06
("Liberty Holdings")
Alpha Code LBH
ISIN code: ZAE000127148
GRANT AND ACCEPTANCE OF SHARE AWARDS BY DIRECTORS AND THE COMPANY
SECRETARY
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, Liberty Holdings
hereby announces that the Directors and Company Secretary of the Company have been granted, and
have accepted, Special Deferred Restricted Share awards in terms of Liberty Holding’s Group
Restricted Share Plan Trust.
Director D C Munro
Acceptance date 26 March 2020
Number of securities 40,762
Nature of transaction Off-market award and acceptance of share awards in
respect of a portion of short-term incentive
remuneration being deferred and converted into
restricted shares in terms of the Liberty Holdings
Group Restricted Share Plan Trust
Vesting periods One-third after 18 months, another one-third after 30
months and the balance after 42 months . No
conditionality applies.
Price per share * R65.65
Total value of transaction # R2,676,025.30
Nature and extent of interest Indirect beneficial, via Liberty Holdings Group
Restricted Share Plan Trust
Clearance obtained Yes
Director Y Maharaj
Acceptance date 26 March 2020
Number of securities 16,780
Nature of transaction Off-market award and acceptance of share awards in
respect of a portion of short-term incentive
remuneration being deferred and converted into
restricted shares in terms of the Liberty Holdings
Group Restricted Share Plan Trust
Vesting periods One-third after 18 months, another one-third after 30
months and the balance after 42 months . No
conditionality applies.
Price per share * R65.65
Total value of transaction # R1,101,607
Nature and extent of interest Indirect beneficial, via Liberty Holdings Group
Restricted Share Plan Trust
Clearance obtained Yes
Company Secretary J M Parratt
Acceptance date 26 March 2020
Number of securities 15,221
Nature of transaction Off-market award and acceptance of share awards in
respect of a portion of short-term incentive
remuneration being deferred and converted into
restricted shares in terms of the Liberty Holdings
Group Restricted Share Plan Trust
Vesting periods One-third after 18 months, another one-third after 30
months and the balance after 42 months . No
conditionality applies.
Price per share * R65.65
Total value of transaction # R999,258.65
Nature and extent of interest Indirect beneficial, via Liberty Holdings Group
Restricted Share Plan Trust
Clearance obtained Yes
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, Liberty Holdings
hereby announces that the following executive directors of the Company have been awarded, and
accepted, conditional awards in terms of the Liberty Holdings Performance Reward Plan (PRP).
Awards in the PRP are settled in ordinary shares upon vesting, subject to the outcome of the conditions
imposed.
The conditional PRP units awarded are subject to retention, forfeiture and performance conditions and
vest in accordance with the rules of the PRP.
Director D C Munro
Designation: Chief Executive Officer of Liberty Holdings
Acceptance date 26 March 2020
Class of security Awards in respect of ordinary shares
Number of awards 204,636
Price per share* R65.65
Vesting date 50% on 1 March 2024 and 50% on 1 March 2025
Nature of transaction Off-market award and acceptance of share awards
Nature and extent of interest Direct beneficial
Clearance obtained Yes
Director Y Maharaj
Acceptance date 26 March 2020
Designation Chief Financial officer of Liberty Holdings
Class of security Awards in respect of ordinary shares
Number of awards 99,010
Price per share* R65.65
Vesting date 50% on 1 March 2024 and 50% on 1 March 2025
Nature of transaction Off-market award and acceptance of share awards
Nature and extent of interest Direct beneficial
Clearance obtained Yes
*The price per share is the closing price of the Liberty Holdings ordinary share on 20 March 2020.
# After brokerage and fees
27 March 2020
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 27-03-2020 09:00:00
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