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SANLAM LIMITED - Directors dealings in Sanlam securities

Release Date: 19/06/2020 12:00
Code(s): SLM     PDF:  
 
Wrap Text
Directors’ dealings in Sanlam securities

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

Directors’ dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by directors and the Company Secretary in Sanlam
securities:

Name:                             IM Kirk
Designation:                      Executive Director
Date of transaction:              18 June 2020
Total number of shares:           99 207
Total transaction value:          R nil (Conditional value of
                                  R6,124,048.11 based on closing price
                                  of R61.73 per share on 17 June 2020)
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Transfer of Sanlam ordinary shares
                                  to the Sanlam Minimum Shareholding
                                  Requirement Plan (MSRP) following
                                  delivery of shares under the
                                  Deferred/Performance Share Plans and
                                  the pledge of these shares by the
                                  Director to the Sanlam MSRP
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes

Name:                             H C Werth
Designation:                      Executive Director
Date of transaction:              18 June 2020
Total number of shares:           44 726
Total transaction value:          R nil (Conditional value of
                                  R2,760,935.98 based on closing price
                                  of R61.73 per share on 17 June 2020)
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Transfer of Sanlam ordinary shares
                                  to the Sanlam Minimum Shareholding
                                  Requirement Plan (MSRP) following
                                  delivery of shares under the
                                  Deferred/Performance Share Plans and
                                  the pledge of these shares by the
                                  Director to the Sanlam MSRP
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes


Name:                             T Mvusi
Designation:                      Executive Director
Date of transaction:              17 June 2020
Total number of shares:           23 850
Market value per share:           R61.60
Total deemed value:               R1 469 160.00
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Delivery of Sanlam ordinary shares
                                  under Deferred and Performance Share
                                  Plans
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes

Name:                            T Mvusi
Designation:                     Executive Director
Date of transaction:             17 June 2020
Market value per share:          R61.60
Total number of shares:          10 828
Total transaction value:         R667 004.80
Nature and extent of the         Direct beneficial
director’s interest in the
transaction:
Class of securities:             Ordinary shares
Nature of transaction:           Sale of Sanlam ordinary shares under
                                 Deferred and Performance Share Plans
                                 to meet income tax obligations on
                                 vesting of shares and diversify
                                 investment portfolio
On market/Off market trade:      On market
Prior authority to transact
obtained:                        Yes

Name:                             HC Werth
Designation:                      Executive Director
Date of transaction:              17 June 2020
Market value per share:           R61.60
Total number of shares:           11 885
Total transaction value:          R732 116.00
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Sale of Sanlam ordinary shares under
                                  Restricted Share Plan to meet income
                                  tax obligations on vesting of shares
On market/Off market trade:       On market
Prior authority to transact
obtained:                         Yes

Name:                             T Mvusi
Designation:                      Executive Director
Date of transaction:              17 June 2020
Market value per share:           R61.60
Total number of shares:           5 943
Total transaction value:          R366 088.80
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Sale of Sanlam ordinary shares under
                                  Restricted Share Plan to meet income
                                  tax obligations on vesting of shares
On market/Off market trade:       On market
Prior authority to transact
obtained:                         Yes



Bellville
19 June 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 19-06-2020 12:00:00
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