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MPACT LIMITED - Dealings in securities

Release Date: 19/04/2021 17:00
Code(s): MPT     PDF:  
Wrap Text
Dealings in securities

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501

DEALINGS IN SECURITIES BY DIRECTORS, AN ASSOCIATE OF A DIRECTOR AND
PRESCRIBED OFFICERS

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

BONUS SHARE PLAN (BSP)

DIRECTOR AND AN ASSOCIATE OF A DIRECTOR OF MPACT LIMITED

Name                            :   BW Strong
Position                        :   Chief Executive Officer
Company                         :   Mpact Limited
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     10,694 at R20.0259 per share
Total value of shares sold    :     R214,156.97
Number of shares retained     :     12,935
Total value of shares retained:     R259,035.02
Nature of interest            :     Direct beneficial
Clearance obtained            :     Yes

Name                            :   Brett Clark Family Trust (an
                                    associate of BDV Clark)
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Bonus
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     8,290 at R20.0259 per share
Total value of shares sold    :     R166,014.71
Number of shares retained     :     10,028
Total value of shares retained:     R200,819.73
Nature of interest            :     Indirect beneficial
Clearance obtained            :     Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Bonus
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    8,723 at R20.0259 per share
Total value of shares sold    :    R174,685.93
Number of shares retained     :    10,552
Total value of shares retained:    R211,313.30
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

Name                           :   N Naidoo
Office held                    :   Managing Director – Plastics Division
Company                        :   Mpact Operations (Pty) Ltd
Date of transaction            :   13 April 2021
Nature of transaction          :   On market disposal of shares that have
                                   vested in respect of the 2018 Bonus
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    6,572 at R20.0259 per share
Total value of shares sold    :    R131,610.21
Number of shares retained     :    7,950
Total value of shares retained:    R159,205.91
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes


PRESCRIBED OFFICER

Name                           :   JW Hunt
Position                       :   Managing Director – Recycling
                                   Consolidated Holdings (Pty) Ltd
Date of transaction            :   13 April 2021
Nature of transaction          :   On market disposal of shares that have
                                   vested in respect of the 2018 Bonus
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    5,000 at R20.0259 per share
Total value of shares sold    :    R100,129.50
Number of shares retained     :    6,047
Total value of shares retained:    R121,096.62
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes


PERFORMANCE SHARE PLAN (PSP)

DIRECTOR AND AN ASSOCIATE OF A DIRECTOR OF MPACT LIMITED

Name                           :   BW Strong
Position                       :   Chief Executive Officer
Company                        :   Mpact Limited
Date of transaction            :   13 April 2021
Nature of transaction          :   On market disposal of shares that have
                                   vested in respect of the 2018 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     69,290 at R20.0259 per share
Total value of shares sold    :     R1,387,594.61
Number of shares retained     :     83,836
Total value of shares retained:     R1,678,891.35
Nature of interest            :     Direct beneficial
Clearance obtained            :     Yes

Name                            :   Brett Clark Family Trust (an associate of
                                    BDV Clark)
Position                        :   Chief Financial Officer
Company                         :   Mpact Limited
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     39,504 at R20.0259 per share
Total value of shares sold    :     R791,103.15
Number of shares retained     :     47,795
Total value of shares retained:     R957,137.89
Nature of interest            :     Direct beneficial
Clearance obtained            :     Yes

DIRECTORS OF MAJOR SUBSIDIARY

Name                            :   HM Thompson
Position                        :   Managing Director – Paper Manufacturing
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities           :     Ordinary shares
Number of shares sold         :     42,676 at R20.0259 per share
Total value of shares sold    :     R854,625.31
Number of shares retained     :     51,635
Total value of shares retained:     R1,034,037.35
Nature of interest            :     Direct beneficial
Clearance obtained            :     Yes

Name                            :   N Naidoo
Office held                     :   Managing Director – Plastics Division
Company                         :   Mpact Operations (Pty) Ltd
Date of transaction             :   13 April 2021
Nature of transaction           :   On market disposal of shares that have
                                    vested in respect of the 2018 Performance
                                    shares under the Mpact Limited Incentive
                                    Scheme
Class of securities             :   Ordinary shares
Number of shares sold           :   33,493 at R20.0259 per share
Total value of shares sold      :   R670,727.47
Number of shares retained     :    40,521
Total value of shares retained:    R811,469.49
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes

PRESCRIBED OFFICER

Name                          :    JW Hunt
Position                      :    Managing Director – Recycling
                                   Consolidated Holdings (Pty) Ltd
Date of transaction           :    13 April 2021
Nature of transaction         :    On market disposal of shares that have
                                   vested in respect of the 2018 Performance
                                   shares under the Mpact Limited Incentive
                                   Scheme
Class of securities           :    Ordinary shares
Number of shares sold         :    27,380 at R20.0259 per share
Total value of shares sold    :    R548,309.14
Number of shares retained     :    33,125
Total value of shares retained:    R663,357.94
Nature of interest            :    Direct beneficial
Clearance obtained            :    Yes



*Average sale price is based on transactions effected by the Share Trust
over a period of 4 days, as follows:

                No. of              Price
                shares sold         per share

8 April 2021    13,030              R20.0041

9 April 2021    62,659              R20.0110

12 April 2021   5,984               R20.0100

13 April 2021   316,464             R20.0301


Melrose Arch
19 April 2021

Sponsor
The Standard Bank of South Africa Limited

Date: 19-04-2021 05:00:00
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