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Dealings in securities

Published: 2023-06-22 15:30:27 ET
<<<  go to JSE:CML company page
CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06)
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A294E6FF77
(“Coronation” or “the Company”)


DEALINGS IN SECURITIES


DEALINGS IN SECURITIES BY THE CFM DEFERRED REMUNERATION TRUST

In terms of paragraph 3.92 read with paragraphs 3.63 to 3.74 of the Listings Requirements of
the JSE Limited (“Listings Requirements”), disclosure is hereby made that the CFM Deferred
Remuneration Trust (“Trust”) has notified Coronation of its on-market purchase of
232 255 Coronation ordinary shares. The relevant details are set out below:

 DATES OF TRANSACTIONS                           19 June 2023                          (1)

                                                 20 June 2023                          (2)

                                                 21 June 2023                          (3)

 PRICE PER SECURITY (CENTS)                      High: 3 365                           (1)
                                                 Low: 3 293
                                                 VWAP: 3 336.09

                                                 High: 3 300                           (2)
                                                 Low: 3 237
                                                 VWAP: 3 246.69

                                                 High: 3 273                           (3)
                                                 Low: 3 228
                                                 VWAP: 3 248.75


 NUMBER OF SECURITIES TRANSACTED                 62 468                                 (1)

                                                 94 036                                 (2)

                                                 75 751                                 (3)


 TOTAL RAND VALUE OF SECURITIES                  R2 083 988.70                         (1)
 TRANSACTED
                                                 R3 053 057.41                          (2)

                                                 R2 460 960.61                          (3)
Clearance for the above was obtained in terms of paragraph 3.66 of the Listings
Requirements.


ACCEPTANCE OF AWARDS BY DIRECTORS AND THE COMPANY SECRETARY IN
TERMS OF THE IMVULA TRUST II

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of awards is disclosed:


       1.

 NAME OF DIRECTOR                             Ms Mary-Anne Musekiwa

 COMPANY OF WHICH A DIRECTOR                  Coronation Fund Managers Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE              Executive

 TYPE AND CLASS OF SECURITIES                 Units in respect of Ordinary shares

 NATURE OF TRANSACTIONS                       Off-market acceptance of awards

 DATE OF ACCEPTANCE OF AWARDS                 22 June 2023                          (1-2)

 DEEMED VALUE PER UNIT (CENTS)                3 250

 TOTAL NUMBER OF AWARDS ACCEPTED              148 352                                (1)
                                              150 000                                (2)
 TOTAL DEEMED RAND VALUE OF                   R4 821 440                             (1)
 AWARDS                                       R4 875 000                             (2)

 VESTING DATE OF AWARDS                       1 May 2028                            (1.1)
                                              1 May 2029                            (1.2)
                                              1 May 2030                            (1.3)
                                              1 May 2028                            (2.1)
                                              1 May 2029                            (2.2)
                                              1 May 2030                            (2.3)


 NATURE AND EXTENT OF INTEREST IN             Direct, beneficial                     (1-2)
 THE TRANSACTIONS




     2..
 NAME OF COMPANY SECRETARY                    Ms Nazrana Hawa

 COMPANY OF WHICH THE COMPANY                 Coronation Fund Managers Limited
 SECRETARY

 TYPE AND CLASS OF SECURITIES                 Units in respect of Ordinary shares

 NATURE OF TRANSACTION                        Off-market acceptance of awards
 DATE OF ACCEPTANCE OF AWARDS                     22 June 2023                           (1–2)

 DEEMED VALUE PER UNIT (CENTS)                     3 250

 NUMBER OF AWARDS ACCEPTED                        24 725                                   (1)
                                                  25 000                                   (2)
 TOTAL DEEMED RAND VALUE OF                       R803 563                                 (1)
 AWARDS                                           R812 500                                 (2)

 VESTING DATE OF AWARDS                           1 May 2028                             (1.1)
                                                  1 May 2029                             (1.2)
                                                  1 May 2030                             (1.3)
                                                  1 May 2028                             (2.1)
                                                  1 May 2029                             (2.2)
                                                  1 May 2030                             (2.3)


 NATURE AND EXTENT OF INTEREST IN                 Direct, beneficial                     (1-2)
 THE TRANSACTION

Clearance for the above transactions was obtained in terms of paragraph 3.66 of the JSE
Limited Listings Requirements.

Awards in the Imvula Trust II are settled in cash or ordinary shares on either a 1 to 1. or 1 to
1.011 basis upon vesting, subject to the restrictions imposed. The Imvula Trustis Coronation’s
broad-based black economic empowerment partner which was established by Coronation in
to facilitate its B-BBEE transaction in 2005.


Cape Town
22 June 2023

Sponsor
PSG Capital