Sharenet Sites 
Sharenet Sites
Dealings in securities
METAIR INVESTMENTS LIMITED
(Reg No. 1948/031013/06)
(Incorporated in the Republic of South Africa)
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 the company secretary
(“Participants”) are hereby disclosed.
1. ALLOCATION OF PERFORMANCE SHARES
The terms and conditions of the performance shares (“PS”) are:
Date of award 3 April 2020
Number of PS awarded to Participants 786 224
Price paid per PS Nil
Total value of transaction Nil
Allocation price per PS R14.35 being the closing price on 2 April 2020
Class of securities Ordinary shares
Nature of transaction Acceptance of PS
Vesting date 3 April 2023
Vesting period PS 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 on market No
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
The details of the allocation of the PS per Participant are set out below. The nature of the interest of all Participants is direct
beneficial.
Deemed value of PS
Director Company name No. of PS accepted (Rand)
Mr T. Tulgar Mutlu Holding Anonim Sirketi 113 779 1 632 729
Mr M. Bukagikiran Mutlu Holding Anonim Sirketi 25 454 365 265
Ms S. Emiroglu Mutlu Holding Anonim Sirketi 24 270 348 275
Mr Y. Kaptan Mutlu Holding Anonim Sirketi 30 346 435 465
Mr D. Seker Mutlu Holding Anonim Sirketi 31 081 446 012
Mr C.T. Loock Metair 324 251 4 653 002
Mr S. Douwenga Metair 158 812 2 278 952
Mr A. Jogia Metair 36 229 519 886
Ms S.M. Vermaak Metair 42 002 602 729
2. VESTING, EXERCISE AND SALE OF PERFORMANCE SHARES
On 3 April 2017, Metair ordinary shares (“Shares”) were conditionally granted (“Performance Shares”) to certain
Participants, in accordance with the Metair Investments Limited 2009 Share Plan. These Performance Shares have vested
and have been exercised by the Participants pursuant to which the Participants received Shares at no cost, as per the table
below. The nature of the interest of the Participants is direct beneficial.
DETAILS OF VESTING AND EXERCISE OF
PERFORMANCE SHARES
Total number of Shares exercised/settled 215 487
Deemed value of Performance Shares on exercise R3 092 238 at a price of R14.35, being the closing price on
2 April 2020
Class of Securities Ordinary shares
Nature of transaction Settlement of Performance Shares
Date of Award 3 April 2017
Date of Performance Shares exercised/settled 3 April 2020
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.
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
In order to facilitate the disposal of these Shares received by the Participants in an orderly fashion, the Participants have
entered into a pooled sale in terms of which the Participant’s Shares were disposed through arranged on-market trades on
6 April 2020 to 8 April, both days inclusive (“Sale Period”), as per the table below:
DETAILS OF SALE OF SHARES
Nature of transaction On-market sale of shares
Class of Share Ordinary shares
Price per Share Various different trades during the Sale Period with the
following price information:
- volume weighted average price of R14.3396;
- highest price of R15.00; and
- lowest price of R14.20
Total number of Shares sold 176 939
Total value of Shares sold R2 537 234.48
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
Details of the exercise of the Performance Shares, the related receipt of Shares and sale of Shares per Participant are tabled
below:
Director Company No. of Performance Deemed value of No. of Value of Shares
Name Shares exercised Performance Shares (Rand) Shares sold sold (Rand)
Mutlu Holding 8 715 125 060 8 715 124 970
Mr T. Tulgar
Anonim Sirketi
Mutlu Holding 9 223 132 350 0 0
Mr M. Bukagikiran
Anonim Sirketi
Mutlu Holding 12 319 176 778 0 0
Mr Y. Kaptan
Anonim Sirekti
Mr D. Seker Mutlu Holding 9 468 135 866 0 0
Anonim Sirketi
Mr C.T. Loock Metair 98 876 1 418 871 98 876 1 417 842
Mr S. Douwenga Metair 48 326 693 478 48 326 692 976
Mr A. Jogia Metair 13 484 193 495 13 484 193 355
Ms S.M. Vermaak Metair 15 076 216 341 7 538 108 092
Johannesburg
9 April 2020
Sponsor
One Capital
Date: 09-04-2020 01:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
