Enhanced Investments - Financial Portal

Acceptance of LTIP Share Awards to Executive Directors, Prescribed Officers & Company Secretary

Published: 2023-08-07 11:25:22 ET

                                  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
EXECUTIVE DIRECTORS, PRESCRIBED OFFICERS & 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              :       NF Msiza
Company                         :       Raubex Group Limited
Date of acceptance              :       7 August 2023
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards of which 50%
                                        will vest in August 2026 and 50% in August 2027,
                                        subject to the achievement of agreed performance
                                        and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          332 807
Award price                  :          R26.00
Total value of award         :          R8 652 982.00
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes


Executive director              :       DC Lourens
Company                         :       Raubex Group Limited
Date of acceptance              :       7 August 2022
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards of which 50%
                                        will vest in August 2026 and 50% in August 2027,
                                        subject to the achievement of agreed performance
                                        and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          321 807
Award price                  :          R26.00
Total value of award         :          R8 366 982.00
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes


Executive director              :       SJ Odendaal
Company                         :       Raubex Group Limited
Date of acceptance              :       7 August 2023
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards of which 50%
                                        will vest in August 2026 and 50% in August 2027,
                                        subject to the achievement of agreed performance
                                        and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          234 722
Award price                  :          R26.00
Total value of award         :          R6 102 772.00
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes
Prescribed officer           :   JA Louw
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   188 765
Award price                  :   R26.00
Total value of award         :   R4 907 890.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   AFS Kriek
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   227 132
Award price                  :   R26.00
Total value of award         :   R5 905 432.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   D Rencken
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   240 248
Award price                  :   R26.00
Total value of award         :   R6 246 448.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   JG van der Bijl
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   249 242
Award price                  :   R26.00
Total value of award         :   R6 480 292.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes
Prescribed officer           :   WS Mazibuko
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   222 909
Award price                  :   R26.00
Total value of award         :   R5 795 634.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Company secretary            :   GM Chemaly
Company                      :   Raubex Group Limited
Date of acceptance           :   7 August 2023
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards of which 50%
                                 will vest in August 2026 and 50% in August 2027,
                                 subject to the achievement of agreed performance
                                 and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   83 720
Award price                  :   R26.00
Total value of award         :   R2 176 720.00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Centurion
7 August 2023

Sponsor
Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.