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SYGNIA LIMITED - Dealing in securities

Release Date: 28/12/2020 17:40
Code(s): SYG     PDF:  
Wrap Text
Dealing in securities

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
(“Sygnia”)

DEALINGS IN SECURITIES


In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

Dealings by director

Director :                       Mr David Hufton
Company:                         Sygnia Limited
Class of shares:                 Sygnia ordinary shares
Nature of Interest:              Direct beneficial
Written clearance to deal:       Yes

Nature of transaction:           Off-market exercise of share options and issue and allotment of Sygnia
                                 shares in terms of the Sygnia Limited Employee Share Option Scheme
Transaction date:                21 December 2020 (allotment of shares)
Number of options exercised:     65 224 (30% after 4th anniversary date)
Option strike price:             R13.80
Transaction value:               R900 091.20

Nature of transaction:           On-market sale of shares acquired via exercise of share options in
                                 terms of the Sygnia Limited Employee Share Option Scheme
Trade date:                      22 December 2020 to 24 December 2020
Number of shares                 65 224
Average price:                   R19.85
Transaction value:               R1 294 696.40


Cape Town
28 December 2020

Sponsor:
The Standard Bank of South Africa Limited

Date: 28-12-2020 05:40:00
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