IMPERIAL LOGISTICS LIMITED - Dealings in Securities on Behalf of an Employee Share Incentive Scheme

Release Date: 31/12/2018 12:45
Code(s): IPL
 
Wrap Text
Dealings in Securities on Behalf of an Employee Share Incentive Scheme

Imperial Logistics Limited
(Incorporated in the Republic of South Africa)
Registration number: 1946/021048/06
ISIN: ZAE000067211
Share code: IPL
(‘Imperial’ or “Company”)

DEALINGS IN SECURITIES ON BEHALF OF AN EMPLOYEE SHARE INCENTIVE SCHEME

In compliance with the Listings Requirements of the JSE Limited the following
information is provided:

Name of the Scheme:                  Imperial Share Appreciation Rights
                                     Scheme (SAR), Deferred Bonus Plan (DBP)
                                     and Conditional Share Plan (CSP)
Class of security:                   Ordinary shares
Nature of transactions:              Hedging transactions in respect of
                                     rights issued under the SAR, DBP and
                                     CSP
Type of trade:                       Off market



Date of transaction:                 31 December 2018

Expiry date:                         31 October 2021

Number of shares:                    3 500 000

Strike price per share:              R65.09

Notional value:                      R227 815 000.00



Prior written approval in terms of paragraph 3.66 of the Listings
Requirements was obtained.



Company Secretary
RA Venter

31 December 2018
BEDFORDVIEW

Sponsor: Merrill Lynch South Africa (Pty) Limited

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