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Vesting of balance of 2019 Allocation and Partial Vesting of 2020 Allocation of the Raubex Incentive Scheme

Published: 2023-08-04 11:02:30 ET
<<<  go to JSE:RBX company page
Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share Code: RBX
ISIN Code: ZAE000093183
(“Raubex” or the “Company”)


VESTING OF BALANCE OF 2019 ALLOCATION AND PARTIAL VESTING OF 2020
ALLOCATION OF THE RAUBEX LONG TERM INCENTIVE SCHEME (“the Scheme”)

Shareholders are advised that the 50% balance of the shares awarded to Executive Directors,
Prescribed Officers and the Company Secretary of the Company in 2019 in terms of the Scheme,
vested on 1 August 2023 as approved by Remco and the Board.

Shareholders are further advised that the first 50% of the shares awarded to Executive
Directors, Prescribed Officers and the Company Secretary of the Company in 2020 in terms of
the Scheme, vested on 1 August 2023 as approved by Remco and the Board.

The settlement method in terms of the Scheme is the off-market transfer and delivery of the
shares to participants, unless participants opt to sell shares, in which event a separate share
dealing SENS will be released.


Name of Executive Director               :       NF Msiza
Company                                  :       Raubex Group Limited
Date of transaction                      :       1 August 2023
Number of Scheme shares                  :       100 390
Deemed price                             :       R25.68
Deemed transaction value                 :       R2 578 015
Nature of transaction                    :       Vesting of shares
Class of securities                      :       Ordinary shares
Nature of interest                       :       Direct, beneficial

Name of Executive Director               :       DC Lourens
Company                                  :       Raubex Group Limited
Date of transaction                      :       1 August 2022
Number of Scheme shares                  :       149 089
Deemed price                             :       R25.68
Deemed transaction value                 :       R3 828 606
Nature of transaction                    :       Vesting of shares
Class of securities                      :       Ordinary shares
Nature of interest                       :       Direct, beneficial

Name of Prescribed Officer               :       RL Shedlock
Company                                  :       Raubex Group Limited
Date of transaction                      :       1 August 2023
Number of Scheme shares                  :       155 774
Deemed price                             :       R25.68
Deemed transaction value                 :       R4 000 276
Nature of transaction                    :       Vesting of shares
Class of securities                      :       Ordinary shares
Nature of interest                       :       Direct, beneficial
Name of Prescribed Officer               :     JA Louw
Company                                  :     Raubex Group Limited
Date of transaction                      :     1 August 2022
Number of Scheme shares                  :     68 894
Deemed price                             :     R25.68
Deemed transaction value                 :     R1 769 198
Nature of transaction                    :     Vesting of shares
Class of securities                      :     Ordinary shares
Nature of interest                       :     Direct, beneficial

Name of Company Secretary                :     GM Chemaly
Company                                  :     Raubex Group Limited
Date of transaction                      :     1 August 2023
Number of Scheme shares                  :     28 641
Deemed price                             :     R25.68
Deemed transaction value                 :     R735 501
Nature of transaction                    :     Vesting of shares
Class of securities                      :     Ordinary shares
Nature of interest                       :     Direct, beneficial

Clearance was obtained for all transactions.

Sponsor
Investec Bank Limited
4 August 2023
Centurion