Vesting and receipt of ordinary shares in terms of the Safari Employee LTIP
SAFARI INVESTMENTS RSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2000/015002/06)
Approved as a REIT by the JSE Limited
Share code: SAR
ISIN: ZAE000188280
("Safari" or "the Company")
VESTING AND RECEIPT OF ORDINARY SHARES IN TERMS OF THE SAFARI
EMPLOYEE LONG-TERM SHARE INCENTIVE PLAN ("LTIP")
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited ("JSE") Listings Requirements
("Listings Requirements"), the following information is disclosed:
1.
NAME OF DIRECTOR Dirk Engelbrecht
COMPANY OF WHICH A DIRECTOR Safari Investments RSA Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Receipt of ordinary shares through the
vesting of conditional share awards in
terms of the Safari LTIP (off-market
transaction)
DATE OF VESTING 30 July 2024
DATE OF SETTLEMENT 22 August 2024
DEEMED PRICE PER SECURITY (CENTS) 557 (based on the 60-day volume
weighted average price ("VWAP") per
share on 29 July 2024)
NUMBER OF SECURITIES ACQUIRED 32 116
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R178 887.01
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Willem Venter
COMPANY OF WHICH A DIRECTOR Safari Investments RSA Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Receipt of ordinary shares through the
vesting of conditional share awards in
terms of the Safari LTIP (off-market
transaction)
DATE OF VESTING 30 July 2024
DATE OF SETTLEMENT 22 August 2024
DEEMED PRICE PER SECURITY (CENTS) 557 (based on the 60-day VWAP per
share on 29 July 2024)
NUMBER OF SECURITIES ACQUIRED 28 723
AFTER SETTLEMENT OF TAX
DEEMED RAND VALUE OF SECURITIES R159 987.71
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF PRESCRIBED OFFICER Martin Basson
COMPANY OF WHICH A PRESCRIBED Safari Investments RSA Limited
OFFICER
STATUS Prescribed Officer: Chief Operating
Officer
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Receipt of ordinary shares through the
vesting of conditional share awards in
terms of the Safari LTIP (off-market
transaction)
DATE OF VESTING 30 July 2024
DATE OF SETTLEMENT 22 August 2024
DEEMDED PRICE PER SECURITY 557 (based on the 60-day VWAP per
(CENTS) share on 29 July 2024)
NUMBER OF SECURITIES ACQUIRED 8 176
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R45 540.81
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
4.
NAME OF COMPANY SECRETARY Pieter van Niekerk
COMPANY OF WHICH A COMPANY Safari Investments RSA Limited
SECRETARY
STATUS Company Secretary
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Receipt of ordinary shares through the
vesting of conditional share awards in
terms of the Safari LTIP (off-market
transaction)
DATE OF VESTING 30 July 2024
DATE OF SETTLEMENT 22 August 2024
DEEMED PRICE PER SECURITY (CENTS) 557 (based on the 60-day VWAP per
share on 29 July 2024)
NUMBER OF SECURITIES ACQUIRED 8 671
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R48 295.92
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above transactions was obtained in terms of paragraph 3.66 of the Listings
Requirements.
The JSE has granted dispensation from compliance with paragraph 3.69 of the Listings
Requirements, allowing for the vesting and settlement of the above during a closed period,
given that the directors, prescribed officer and the company secretary have no discretion in
the transactions.
Pretoria
22 August 2024
Sponsor
Valeo Capital (Pty) Ltd
Date: 22-08-2024 03:55:00
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