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RAUBEX GROUP LIMITED - Acceptance of long-term incentive performance share awards to Directors, Executives & Company Secretary

Release Date: 08/08/2019 11:58
Code(s): RBX     PDF:  
Wrap Text
Acceptance of long-term incentive performance share awards to Directors, Executives & Company Secretary

Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share Code: RBX
ISIN Code: ZAE000093183
(“Raubex” or the “Group”)


ACCEPTANCE OF LONG-TERM INCENTIVE PERFORMANCE SHARE AWARDS TO
DIRECTORS, EXECUTIVES & COMPANY SECRETARY

In compliance with par 3.63 to 3.65 of the JSE Limited Listings Requirements, the following
information is disclosed in relation to the acceptance of performance share awards under the
Raubex Group Limited Long-Term Incentive Scheme.

Executive director              :        RJ Fourie
Name of Company                 :        Raubex Group Limited
Date of acceptance              :        7 August 2019
Nature of transaction           :        Off-market acceptance of long-term incentive
                                         conditional performance share awards of which 50%
                                         will vest in August 2022 and 50% in August 2023,
                                         subject to the achievement of agreed performance
                                         and employment conditions
Class of securities             :        Ordinary shares
Number of performance shares    :        442 372
Award price                     :        R18.69
Total value of award            :        R8 267 932.68
Nature of interest              :        Direct beneficial
Clearance obtained              :        Yes


Executive director              :        JF Gibson
Name of Company                 :        Raubex Group Limited
Date of acceptance              :        6 August 2019
Nature of transaction           :        Off-market acceptance of long-term incentive
                                         conditional performance share awards of which 50%
                                         will vest in August 2022 and 50% in August 2023,
                                         subject to the achievement of agreed performance
                                         and employment conditions
Class of securities             :        Ordinary shares
Number of performance shares    :        306 331
Award price                     :        R18.69
Total value of award            :        R5 725 326.39
Nature of interest              :        Direct beneficial
Clearance obtained              :        Yes


Executive director              :        NF Msiza
Name of Company                 :        Raubex Group Limited
Date of acceptance              :        7 August 2019
Nature of transaction           :        Off-market acceptance of long-term incentive
                                         conditional performance share awards of which 50%
                                         will vest in August 2022 and 50% in August 2023,
                                         subject to the achievement of agreed performance
                                         and employment conditions
Class of securities          :           Ordinary shares
Number of performance shares :           156 723
Award price                  :           R18.69
Total value of award         :           R2 929 152.87
Nature of interest           :           Direct beneficial
Clearance obtained           :           Yes
Executive committee member   :           LJ Raubenheimer
Name of Company              :           Raubex Group Limited
Date of acceptance           :           7 August 2019
Nature of transaction        :           Off-market acceptance of long-term incentive
                                         conditional performance share awards of which 50%
                                         will vest in August 2022 and 50% in August 2023,
                                         subject to the achievement of agreed performance
                                         and employment conditions
Class of securities          :           Ordinary shares
Number of performance shares :           325 476
Award price                  :           R18.69
Total value of award         :           R6 083 146.44
Nature of interest           :           Direct beneficial
Clearance obtained           :           Yes



Executive committee member   :   DC Lourens
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2019
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2022 and 50% in August 2023,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   226 048
Award price                  :   R18.69
Total value of award         :   R4 224 837.12
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Executive committee member   :   IJM Van Niekerk
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2019
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2022 and 50% in August 2023,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   231 126
Award price                  :   R18.69
Total value of award         :   R4 319 744.94
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes



Executive committee member   :   RL Shedlock
Name of Company              :   Raubex Group Limited
Date of acceptance           :   6 August 2019
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2022 and 50% in August 2023,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   243 301
Award price                  :   R18.69
Total value of award         :   R4 547 295.69
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes
Executive committee member   :   JA Louw
Name of Company              :   Raubex Group Limited
Date of acceptance           :   6 August 2019
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2022 and 50% in August 2023,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   107 515
Award price                  :   R18.69
Total value of award         :   R2 009 455.35
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Company secretary            :   GM Chemaly
Name of Company              :   Raubex Group Limited
Date of acceptance           :   6 August 2019
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2022 and 50% in August 2023,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   44 710
Award price                  :   R18.69
Total value of award         :   R835 629.90
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Centurion
8 August 2019

Sponsor
Investec Bank Limited

Date: 08/08/2019 11:58:00
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