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JSE LIMITED - Dealings in securities by a director and the JSE LTIS 2018 Trust

Release Date: 31/10/2019 17:35
Code(s): JSE     PDF:  
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Dealings in securities by a director and the JSE LTIS 2018 Trust

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


DEALINGS IN SECURITIES BY A DIRECTOR AND THE JSE LTIS 2018 TRUST

Dealings by the JSE LTIS 2018 Trust

The JSE LTIS 2018 Trust ("Trust") has acquired 51 364 JSE ordinary shares
in the open market on behalf of the JSE group chief executive officer (CEO)
to fulfil a restraint share award granted in accordance with her terms of
employment.

These ordinary shares are held in trust and are restricted for the duration
of the term of service. Unrestricted title to these shares is subject to
the Company electing to enforce the restraint.

These JSE ordinary shares were acquired on-market at a volume-weighted
average price of R128.4932 per ordinary share. The total transaction value
amounted to R6 599 924.72. The daily high, low and volume-weighted average
for the various transactions were –


 Dates in 2019
    that JSE           Number of JSE                   Daily highest     Daily lowest
    ordinary             ordinary        Daily VWAP      price paid       price paid
     shares               shares        (cents per      (cents per        (cents per                              
    acquired             acquired           share)         share)            share)  
                                                        
                                
                                                              
    

  25 October              51 361           12849          12850              12837

  28 October                   3           12871          12871              12871



The requisite approvals have been granted by shareholders at the Company’s
annual general meeting, in respect of the acquisition of JSE ordinary shares
in the open market and in respect of specific financial assistance to the
Trust for the purpose of acquiring these shares.


Acceptance of allocation of securities to a director

Following the acquisition of JSE ordinary shares by the Trust as disclosed
above, the CEO has on 30 October 2019 accepted the grant of restricted
ordinary shares in the Company, as reflected in this announcement.

                                     Total number      Total Rand value
                                     of restricted     of restricted
                                     JSE ordinary      JSE ordinary        Nature of
 Executive        Role               shares awarded    shares awarded      interest
                                     and accepted      and accepted                               
                                        
                                            
                 Group CEO &
                 Executive                                                 Direct
 L Fourie        Director              51 364           6 599 924.72       beneficial
                                                                           
                 

The allocation (grant and acceptance) was approved by the JSE’s Group Human
Resources Committee and clearance to deal was granted by the Chairman of
the Board.

Sandton
31 October 2019

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

Date: 31/10/2019 05:35:00
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