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RAUBEX GROUP LIMITED - Acceptance Of Long-Term Incentive Performance Share Awards To Directors, Executives & Company Secretary

Release Date: 07/08/2020 17:07
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 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   352 376
Award price                  :   R22.39
Total value of award         :   R7 889 698.64
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive director           :   JF Gibson
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   244 082
Award price                  :   R22.39
Total value of award         :   R5 464 995.98
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive director           :   NF Msiza
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   166 477
Award price                  :   R22.39
Total value of award         :   R3 727 420.03
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive committee member   :   LJ Raubenheimer
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   259 390
Award price                  :   R22.39
Total value of award         :   R5 807 742.10
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive committee member   :   DC Lourens
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   257 282
Award price                  :   R22.39
Total value of award         :   R5 760 543.98
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 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   245 622
Award price                  :   R22.39
Total value of award         :   R5 499 476.58
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive committee member   :   RL Shedlock
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   258 143
Award price                  :   R22.39
Total value of award         :   R5 779 821.77
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Executive committee member   :   JA Louw
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   114 304
Award price                  :   R22.39
Total value of award         :   R2 559 266.56
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Company secretary            :   GM Chemaly
Name of Company              :   Raubex Group Limited
Date of acceptance           :   7 August 2020
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2023 and 50% in August 2024,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   47 501
Award price                  :   R22.39
Total value of award         :   R1 063 547.39
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Centurion
7 August 2020

Sponsor
Investec Bank Limited

Date: 07-08-2020 05:07:00
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