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LONG4LIFE LIMITED - Directors' dealings in securities

Release Date: 14/11/2018 15:00
Code(s): L4L     PDF:  
Wrap Text
Directors' dealings in securities

LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2016/216015/06)
Share code: L4L ISIN: ZAE000243119
("Long4Life" or “the Company”)


ACCEPTANCE OF FORFEITABLE SHARES IN TERMS OF THE LONG4LIFE FORFEITABLE
SHARE PLAN (“FSP”)

In compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited (“JSE”),
notification is hereby given that the following directors of the Company have been awarded and have
accepted forfeitable share awards in terms of the Long4Life FSP.

The forfeitable share awards (“Awards”) are subject to retention and performance conditions and vest
in accordance with the rules of the FSP.

Name of director:                     B Joffe
Company:                              Long4Life Limited
Nature of transaction:                Award of 600 000 Long4Life shares in terms of and subject to
                                      the rules of the Long4Life Forfeitable Share plan for no
                                      consideration
Date of transaction:                  14 November 2018
Class:                                Ordinary shares
Transaction value:                    R2,586,000 (based on the indicative value per Long4Life
                                      share)
Nature of interest:                   Direct beneficial

Name of director:                     M Levenstein
Company:                              Long4Life Limited
Nature of transaction                 Award of 2 000 000 Long4Life shares in terms of and subject
                                      to the rules of the Long4Life Forfeitable Share plan for no
                                      consideration
Date of transaction:                  14 November 2018
Class:                                Ordinary shares
Transaction value:                    R8,620,000 (based on the indicative value per Long4Life
                                      share)
Nature of interest:                   Direct beneficial

Name of director:                     C Datnow
Company:                              Long4Life Limited
Nature of transaction:                Award of 600 000 Long4Life shares in terms of and subject to
                                      the rules of the Long4Life Forfeitable Share plan for no
                                      consideration
Date of transaction:                  13 November 2018
Class:                                Ordinary shares
Transaction value:                    R2,586,000 (based on the indicative value per Long4Life
                                      share)
Nature of interest:                   Direct beneficial
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited (“JSE”),
the following information is disclosed in respect of dealings in securities by directors of a major
subsidiary:
Name of director:                      C Loubser
Company:                                Holdsport Proprietary Limited
Nature of transaction:                  Award of 526 200 Long4Life shares in terms of and subject to
                                        the rules of the Long4Life Forfeitable Share plan for no
                                        consideration
Date of transaction:                    9 November 2018
Class:                                  Ordinary shares
Transaction value:                      R2,267,922 (based on the indicative value per Long4Life
                                        share)
Nature of interest:                     Direct beneficial


Name of director:                    B Moritz
Company:                             Holdsport Proprietary Limited
Nature of transaction:               Award of 472 300 Long4Life shares in terms of and subject to
                                     the rules of the Long4Life Forfeitable Share plan for no
                                     consideration
Date of transaction:                 13 November 2018
Class:                               Ordinary shares
Transaction value:                   R2,035,613 (based on the indicative value per Long4Life
                                     share)
Nature of interest:                  Direct beneficial



The abovementioned transactions are off-market transactions and the pre-requisite clearances were
obtained.


Johannesburg
14 November 2018

Sponsor: The Standard Bank of South Africa Limited

Date: 14/11/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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