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MPACT LIMITED - Dealings in securities by directors, prescribed officers and company secretary

Release Date: 26/04/2018 13:58
Code(s): MPT     PDF:  
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Dealings in securities by directors, prescribed officers and company secretary

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS AND COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

BONUS SHARE PLAN (BSP)

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   18,598 at R28.3814 per share
Total value of shares sold      :   R527,837.28
Number of shares retained       :   22,500
Total value of shares retained  :   R652,500.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   13,881 at R28.3814 per share
Total value of shares sold      :   R393,962.21
Number of shares retained       :   16,793
Total value of shares retained  :   R486,997.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   33,592 at R28.3814 per share
Total value of shares sold      :   R953,387.99
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   33,210 at R28.3814 per share
Total value of shares sold      :   R942,546.29
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   25,576 at R28.3814 per share
Total value of shares sold      :   R725,882.69
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PRESCRIBED OFFICER

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   8,817 at R28.3814 per share
Total value of shares sold      :   R250,238.80
Number of shares retained       :   10,666
Total value of shares retained:     R309,314.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   J Stumpf
Office held                     :   Managing Director – Corrugated Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   9,556 at R28.3814 per share
Total value of shares sold      :   R271,212.66
Number of shares retained       :   11,561
Total value of shares retained  :   R335,269.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

COMPANY SECRETARY/DIRECTOR OF MAJOR SUBSIDIARY (MPACT OPERATIONS (PTY) LTD)

Name                            :   MN Sepuru
Position                        :   Company Secretary
Company                         :   Mpact Limited
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   5,135 at R28.3814 per share
Total value of shares sold      :   R145,738.49
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PERFORMANCE SHARE PLAN (PSP)

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   13,698 at R28.3814 per share
Total value of shares sold      :   R388,768.42
Number of shares retained       :   16,571
Total value of shares retained  :   R480,559.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   6,195 at R28.3814 per share
Total value of shares sold      :   R175,822.77
Number of shares retained       :   7,493
Total value of shares retained  :   R217,297.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   15,006 at R28.3814 per share
Total value of shares sold      :   R425,891.29
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   12,428 at R28.3814 per share
Total value of shares sold      :   R352,724.04
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   9,608 at R28.3814 per share
Total value of shares sold      :   R272,688.49
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PRESCRIBED OFFICER

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   20 April 2018
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2015 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   3,555 at R28.3814 per share
Total value of shares sold      :   R100,895.88
Number of shares retained       :   4,299
Total value of shares retained  :   R124,671
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

*Average sale price is based on transactions effected by the Share Trust over a period of 8 days, as follows:
                    No. of                 Price
                    shares sold            per share
9 April 2018        18,272                 R28.8206
10 April 2018       83,665                 R28.5543
11 April 2018       202,289                R28.4300
12 April 2018       5,521                  R28.4000
17 April 2018       2,800                  R28.2500
18 April 2018       5,000                  R28.0000
19 April 2018       55,500                 R28.0694
20 April 2018       33,676                 R28.0000

Melrose Arch
26 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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