RMB HOLDINGS LIMITED - RMH property management ownership participation scheme

Release Date: 23/03/2018 14:49
Code(s): RMH
Wrap Text
RMH property management ownership participation scheme

(Incorporated in the Republic of South Africa)
(Registration number 1987/005115/06)
ISIN: ZAE000024501
JSE ordinary share code: RMH
(“RMH” or “the group”)

RMH Property management ownership participation scheme

RMH wishes to update the market following requests for additional information around the RMH Property
Holdings Proprietary Limited management ownership participation scheme (“ownership participation”). An
outline was included in the RMH results announcement for the six months ended 31 December 2017 and
published on SENS on 7 March 2018.

The ownership participation will have a maximum participation of 10% and is aimed to align RMH and
management’s long-term objectives. The concept of the management ownership participation, with
conditions attached, has been approved by the RMH board. The detailed design and implementation of the
ownership participation has taken considerable time and RMH envisages finalising the arrangements in
Q2 2018. The group will therefore provide full disclosure in the annual financial statements for the
year ending 30 June 2018.


23 March 2018

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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