To view the PDF file, sign up for a MySharenet subscription.

WILSON BAYLY HOLMES-OVCON LIMITED - Granting of rights to participate in the 2013 WBHO share plan approved by shareholders at the Annual General Meeting

Release Date: 14/12/2018 10:15
Code(s): WBO     PDF:  
 
Wrap Text
Granting of rights to participate in the 2013 WBHO share plan approved by shareholders at the Annual General Meeting

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)


GRANTING OF RIGHTS TO PARTICIPATE IN THE 2013 WBHO SHARE PLAN APPROVED BY SHAREHOLDERS AT
THE ANNUAL GENERAL MEETING IN NOVEMBER 2014


Executive Directors, Prescribed Officers and the Company Secretary have been granted rights (off market) to
participate in the Company’s share incentive plan as follows:


Performance share awards, which are subject to performance conditions and vest after three years.


Executive Directors:
E L Nel                    17,000 conditional awards
C V Henwood                16,000 conditional awards


Prescribed Officers:
P J Foley                  16,000 conditional awards
SN Gumede                   6,000 conditional awards
E A Mashishi               12,000 conditional awards


Company Secretary:
S Vally-Kara               5,000 conditional awards


Share appreciation rights, which are subject to performance conditions and vest in equal thirds no earlier than
the third, fourth and fifth anniversaries, with a grant price of R144.85.


Executive Directors:
E L Nel                    18,500 rights
C V Henwood                17,500 rights


Prescribed Officers:
P J Foley                  17,500 rights
R SN Gumede                 6,000 rights
E A Mashishi               13,000 rights

                                                       
Company Secretary:
S Vally-Kara               4,000 rights




The effective date of the above transactions will be 13 December 2018, approval for the individual allocations
has been given by the Remuneration Committee.


By order of the board




Johannesburg
14 December 2018

Sponsor: Investec Bank Limited




                                                       

Date: 14/12/2018 10:15:00 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.

Email this JSE Sens Item to a Friend.

Share This Story