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JSE LIMITED - Dealings in securities by directors and by the company secretary

Release Date: 07/03/2019 17:16
Code(s): JSE     PDF:  
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Dealings in securities by directors and by the company secretary

JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
ISIN: ZAE000079711
Share Code: JSE
("JSE" or "the Company")


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.

                                                              Total Rand
                                               Number of
                                                               value of
        Name                 Role             Bonus Shares
                                                             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)

Date: 07/03/2019 05:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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