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SANLAM LIMITED - Dealings by shareholder approved Share Incentive Scheme in Sanlam Securities

Release Date: 10/04/2019 17:47
Code(s): SLM     PDF:  
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Dealings by shareholder approved Share Incentive Scheme in Sanlam Securities

Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE and A2X share code: SLM
NSX share code: SLA
ISIN: ZAE000070660
(“Sanlam”)

Dealings by shareholder approved Share Incentive Scheme in Sanlam
Securities

In compliance with paragraph 3.92 of the Listings Requirements of
the JSE Limited, we hereby advise the following dealings by the
Sanlam Share Incentive Trust in order to settle its obligations in
terms of the scheme rules:


Name of scheme:                   Sanlam Limited Share Incentive Trust
Class of security:                Ordinary shares
Nature of interest:               Direct, beneficial
Nature of transaction:            Off-market sale of ordinary shares in
                                  Sanlam Limited
Nature of agreement:              Off-market sale of ordinary shares to
                                  Sanlam Life Insurance Limited and
                                  Sanlam Capital Markets Proprietary
                                  limited for delivery to nominated
                                  participants in lieu of deferred
                                  bonus amounts, subject to
                                  restrictions
Date of transaction:              08 April 2019
Total number of units:            215 802
Market value per share:           R76.091
Total transaction value:          R16 420 589.98
Prior authority to transact       Yes
obtained:



Bellville
10 April 2019

Sponsor
The Standard Bank of South Africa Limited

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