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MPACT LIMITED - Dealings in securities by directors, prescribed officers and company secretary

Release Date: 10/04/2019 09:01
Code(s): MPT     PDF:  
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Dealings in securities by directors, prescribed officers and company secretary

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501

DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS AND COMPANY
SECRETARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

BONUS SHARE PLAN (BSP)

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   16,268 at R23.1125 per share
Total value of shares sold      :   R375,994.15
Number of shares retained       :   19,681
Total value of shares retained  :   R454,877.11
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   12,489 at R23.1125 per share
Total value of shares sold      :   R288,652.01
Number of shares retained       :   15,111
Total value of shares retained  :   R349,252.99
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   30,499 at R23.1125 per share
Total value of shares sold      :   R704,908.13
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   13,297 at R23.1125 per share
Total value of shares sold      :   R307 326.91
Number of shares retained       :   16,086
Total value of shares retained  :   R371,787.67
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   23,273 at R23.1125 per share
Total value of shares sold      :   R537,897.21
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PRESCRIBED OFFICERS

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   8,453 at R23.1125 per share
Total value of shares sold      :   R195,369.96
Number of shares retained       :   10,225
Total value of shares retained  :   R236,325.31
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   J Stumpf
Office held                     :   Managing Director – Corrugated Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   2,977 at R23.1125 per share
Total value of shares sold      :   R68,805.91
Number of shares retained       :   3,600
Total value of shares retained  :   R83,205.00
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

COMPANY SECRETARY/DIRECTOR OF MAJOR SUBSIDIARY

Name                            :   MN Sepuru
Position                        :   Company Secretary
Company                         :   Mpact Limited
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   5,335 at R23.1125 per share
Total value of shares sold      :   R123,305.18
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes


PERFORMANCE SHARE PLAN (PSP)

DIRECTORS OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   9,080 at R23.1125 per share
Total value of shares sold      :   R209,861.50
Number of shares retained       :   10,984
Total value of shares retained  :   R253,867.70
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   BDV Clark
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   4,141 at R23.1125 per share
Total value of shares sold      :   R95,708.86
Number of shares retained       :   5,010
Total value of shares retained  :   R115,793.63
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   RP von Veh
Position                        :   Managing Director – Converting
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   9,947 at R23.1125 per share
Total value of shares sold      :   R229,900.03
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   3,729 at R23.1125 per share
Total value of shares sold      :   R86,186.51
Number of shares retained       :   4,509
Total value of shares retained  :   R104,214.26
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   6,453 at R23.1125 per share
Total value of shares sold      :   R149,144.96
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

PRESCRIBED OFFICER

Name                            :   JW Hunt
Position                        :   Managing Director
Company                         :   Mpact Recycling (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   2,388 at R23.1125 per share
Total value of shares sold      :   R55,192.65
Number of shares retained       :   2,887
Total value of shares retained  :   R66,725.78
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

Name                            :   J Stumpf
Position                        :   Managing Director – Corrugated Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   5 April 2019
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2016 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   3,425 at R23.1125 per share
Total value of shares sold      :   R79,160.31
Number of shares retained       :   4,143
Total value of shares retained  :   R95,755.08
Nature of interest              :   Direct beneficial
Clearance obtained              :   Yes

*Average sale price is based on transactions effected by the Share Trust over a period of 3
days, as follows:

                   No. of                  Price
                   shares sold             per share

3 April 2019       10,057                  R23.7000
4 April 2019       169,536                 R23.1384
5 April 2019       105,345                 R23.0146

Melrose Arch
10 April 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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