Dealings in securities by directors and by the company secretary
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
Share Code: JSE
("JSE" or "the Company")
DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY
Shareholders are advised that, in respect of the financial year ended
31 December 2018, the board of directors ("Board") of the Company has
determined that a portion of the annual discretionary cash bonus pool
will be settled in JSE shares ("Bonus Shares").
This award of Bonus Shares does not constitute a long-term share
incentive, nor does it result in any increase in the discretionary cash
bonus pool, the quantum of which remains within the JSE’s approved
remuneration policy guidelines.
The Bonus Shares constitute issued ordinary shares in the Company and
represent restricted beneficial ownership in the JSE.
All 361 eligible employees receive the same number of Bonus Shares.
The JSE’s executive directors, the members of the executive committee,
and the Company Secretary, have accepted their allocation of Bonus Shares
on 7 March 2019 as reflected below.
Name Role Bonus Shares
NF Newton-King CEO & Executive Director 65 10 396.71
A Takoordeen CFO & Executive Director 65 10 396.71
JH Burke Alternate Director 65 10 396.71
A Greenwood Prescribed Officer 65 10 396.71
D Khumalo Prescribed Officer 65 10 396.71
H Kotze Prescribed Officer 65 10 396.71
Z Morrison Prescribed Officer 65 10 396.71
DM Nemer Prescribed Officer 65 10 396.71
M Randall Prescribed Officer 65 10 396.71
GA Brookes Company Secretary 65 10 396.71
All interests are direct, beneficial.
Prior written approval for the above transactions has been granted by the
Chairman of the Board.
The JSE, on behalf of all the eligible employees, has with prior
clearance, procured a total of 23 465 JSE ordinary shares in the open
market on 4 March 2019 in order to deliver the Bonus Share awards to
eligible employees. Acceptance of these awards was effected at the
market volume-weighted average price.
The JSE ordinary shares were acquired at a volume-weighted average price
of 15994 cents per ordinary share. The highest price paid was 16005
cents per share and the lowest price paid was 15964 cents per share.
7 March 2019
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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