Try our mobile app

Dealings in securities by directors of HomeChoice and by directors of a major subsidiary

Published: 2024-04-02 18:00:24 ET
<<<  go to JSE:HIL company page
HomeChoice International PLC
(Incorporated in the Republic of Mauritius)
(Registration number C171926)
Share code: HIL
ISIN:MT0000850108

DEALINGS IN SECURITIES BY DIRECTORS OF HOMECHOICE AND BY DIRECTORS OF A MAJOR
SUBSIDIARY

In terms of paragraphs 3.63 – 3.66 of the Listings Requirements of the JSE Limited, the following
transactions are hereby disclosed. The required prior clearance for these trades has been obtained.

Vesting of Forfeitable Share Plan Awards
 Director                  Shirley Maltz
 Company                   Homechoice International plc
 Date of transaction       31 March 2024
 Class of security         Ordinary Shares
 Nature of transaction     Off-market vesting of shares         Subsequent off-market disposal of
                           awarded in terms of the              ordinary shares to settle income
                           Forfeitable Share Plan               tax liability
 Number of shares          101 550                              45 698
 Price per share           R22.5000                             R22.5000
 Value of transaction      R2 284 875                           R1 028 205
 Nature of interest        Direct & beneficial

 Director                 Sean Wibberley
 Company                  Homechoice International plc
 Date of transaction      31 March 2024
 Class of security        Ordinary Shares
 Nature of transaction    Off-market vesting of shares awarded in terms of the Forfeitable Share
                          Plan
 Number of shares         65 000
 Price per share          R22.5000
 Value of transaction     R1 462 500
 Nature of interest       Direct & beneficial

 Director                 Paul Burnett
 Company                  Homechoice International plc
 Date of transaction      31 March 2024
 Class of security        Ordinary Shares
 Nature of transaction    Off-market vesting of shares awarded in terms of the Forfeitable Share
                          Plan
 Number of shares         14 850
 Price per share          R22.5000
 Value of transaction     R334 125
 Nature of interest       Direct & beneficial

 Director                 Leanne Buckham
 Company                  Homechoice South Africa Limited
 Date of transaction      31 March 2024
 Class of security        Ordinary Shares
 Nature of transaction    Off-market vesting of shares         Subsequent off-market disposal of
                          awarded in terms of the              ordinary shares to settle income
                          Forfeitable Share Plan               tax liability
 Number of shares         50 000                               22 500
 Price per share*         R22.5000                             R22.5000
 Value of transaction     R1 125 000                           R506 250
 Nature of interest       Direct & beneficial

 Director                 Chris De Wit
 Company                  Homechoice South Africa Limited
 Date of transaction      31 March 2024
 Class of security        Ordinary Shares
 Nature of transaction    Off-market vesting of shares         Subsequent off-market disposal of
                          awarded in terms of the              ordinary shares to settle income
                          Forfeitable Share Plan               tax liability
 Number of shares         250 000                              112 500
 Price per share          R22.5000                             R22.5000
 Value of transaction     R5 625 000                           R2 531 250
 Nature of interest       Direct & beneficial

Acceptance of Forfeitable Share Plan Awards
 Director                 Shirley Maltz
 Company                  Homechoice International plc
 Date of transaction      31 March 2024
 Number of shares         111 420
 Class of security        Ordinary Shares
 Nature of transaction    Off-market acceptance of conditional shares awarded in terms of the
                          Forfeitable Share Plan as a result of Medium-Term Incentive allocation
 Price per share*         R21.5401
 Value of transaction     R2 400 000
 Vesting date             31 March 2026 (50%), 31 March 2027 (50%)
 Nature of interest       Direct & beneficial

 Director                 Sean Wibberley
 Company                  Homechoice International plc
 Date of transaction      31 March 2024
 Number of shares         64 995
 Class of security        Ordinary Shares
 Nature of transaction    Off-market acceptance of conditional shares awarded in terms of the
                          Forfeitable Share Plan as a result of Medium-Term Incentive allocation
 Price per share*         R21.5401
 Value of transaction     R1 400 000
 Vesting date             31 March 2026 (50%), 31 March 2027 (50%)
 Nature of interest       Direct & beneficial

 Director                 Paul Burnett
 Company                  Homechoice International plc
 Date of transaction      31 March 2024
 Number of shares        40 854
 Class of security       Ordinary Shares
 Nature of transaction   Off-market acceptance of conditional shares awarded in terms of the
                         Forfeitable Share Plan as a result of Medium-Term Incentive allocation
 Price per share*        R21.5401
 Value of transaction    R880 000
 Vesting date            31 March 2026 (50%), 31 March 2027 (50%)
 Nature of interest      Direct & beneficial

 Subsidiary Director     Leanne Buckham
 Company                 Homechoice South Africa Limited
 Date of transaction     31 March 2024
 Number of shares        40 854
 Class of security       Ordinary Shares
 Nature of transaction   Off-market acceptance of conditional shares awarded in terms of the
                         Forfeitable Share Plan as a result of Medium-Term Incentive allocation
 Price per share*        R21.5401
 Value of transaction    R880 000
 Vesting date            31 March 2026 (50%), 31 March 2027 (50%)
 Nature of interest      Direct & beneficial

 Subsidiary director    Chris De Wit
 Company                Homechoice South Africa Limited
 Date of transaction    31 March 2024
 Number of shares       64 995
 Class of security      Ordinary Shares
 Nature of transaction  Off-market acceptance of conditional shares awarded in terms of the
                        Forfeitable Share Plan as a result of Medium-Term Incentive allocation
 Price per share*       R21.5401
 Value of transaction   R1 400 000
 Vesting date           31 March 2026 (50%), 31 March 2027 (50%)
 Nature of interest     Direct & beneficial
* 30-day VWAP used for deemed price of share for conditional shares awarded.

On behalf of the Board
Republic of Mauritius
2 April 2024

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)