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Acceptance And Vesting Of Awards By Directors And The Company Secretary In Terms Of The CFM Deferred Remuneration Tr

Published: 2022-12-02 16:30:34 ET

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”)


ACCEPTANCE AND VESTING OF AWARDS BY DIRECTORS AND THE COMPANY
SECRETARY IN TERMS OF THE CFM DEFERRED REMUNERATION TRUST


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:
ACCEPTANCE OF AWARDS BY DIRECTORS AND THE COMPANY SECRETARY IN
TERMS OF THE CFM DEFERRED REMUNERATION TRUST

1.
 NAME OF DIRECTOR                                Mr Anton Pillay

 COMPANY OF WHICH A DIRECTOR                     Coronation Fund Managers Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Off-market acceptance of awards    (1-3)

 DATE OF ACCEPTANCE OF AWARDS                    1 December                          (1-3)

 DEEMED VALUE PER SHARE (CENTS)                  3 405                                (1)
                                                 3 405                                (2)
                                                 3 405                              (3.1)
                                                 3 405                              (3.2)
                                                 3 405                              (3.3)
                                                 3 405                              (3.4)

 NUMBER OF AWARDS ACCEPTED                       575                                   (1)
                                                 783                                   (2)
                                                 1550                                (3.1)
                                                 1550                                (3.2)
                                                 1551                                (3.3)
                                                 120 972                             (3.4)
 TOTAL DEEMED RAND VALUE OF                      R 19 578.75                           (1)
 AWARDS                                          R 26 661.15                           (2)
                                                 R    52 777.50                      (3.1)
                                                 R    52 777.50                      (3.2)
                                                 R 52 811.55                         (3.3)
                                                 R4 119 096.60                       (3.4)

 VESTING DATE OF AWARDS                          1 January 2025                        (1)
*In respect of award (3.1 – 3.4), this award 1 January 2026                       (2)
vests in tranches over a 4 year period on 1
January each year                            1 January 2024                     (3.1)
                                             1 January 2025                     (3.2)
                                             1 January 2026                     (3.3)
                                             1 January 2027                     (3.4)

NATURE AND EXTENT OF INTEREST IN            Direct, beneficial                  (1-3)
THE TRANSACTIONS



2.
 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                Ordinary shares

NATURE OF TRANSACTIONS                      Off-market acceptance of awards

DATE OF ACCEPTANCE OF AWARDS                1 December                          (1-3)

DEEMED VALUE PER SHARE (CENTS)              3 405                                (1)
                                            3 405                                (2)
                                            3 405                              (3.1)
                                            3 405                              (3.2)
                                            3 405                              (3.3)
                                            3 405                              (3.4)

NUMBER OF AWARDS ACCEPTED                   158                                  (1)
                                            192                                  (2)
                                            601                                (3.1)
                                            602                                (3.2)
                                            602                                (3.3)
                                            46939                              (3.4)

TOTAL DEEMED RAND VALUE OF                  R    5 379.90                         (1)
AWARDS                                      R    6 537.60                         (2)
                                            R 20 464.05                         (3.1)
                                            R 20 498,10                         (3.2)
                                            R 20 498.10                         (3.3)
                                            R1 598 272.95                       (3.4)

VESTING DATE OF AWARDS                      1 January 2025                        (1)
                                            1 January 2026                        (2)
                                            1 January 2024                      (3.1)
                                            1 January 2025                      (3.2)
                                            1 January 2026                      (3.3)
                                            1 January 2027                      (3.4)

NATURE AND EXTENT OF INTEREST IN            Direct, beneficial                  (1-3)
THE TRANSACTIONS
     3.
 NAME OF COMPANY SECRETARY                    Ms Nazrana Hawa

 COMPANY OF WHICH THE COMPANY                 Coronation Fund Managers Limited
 SECRETARY

 TYPE AND CLASS OF SECURITIES                 Ordinary shares

 NATURE OF TRANSACTION                        Off-market acceptance of awards

 DATE OF ACCEPTANCE OF AWARDS                 1 December 2022                     (1-3)

 DEEMED VALUE PER SHARE (CENTS)               3 405                                (1)
                                              3 405                                (2)
                                              3 405                              (3.1)
                                              3 405                              (3.2)
                                              3 405                              (3.3)
                                              3 405                              (3.4)

 NUMBER OF AWARDS ACCEPTED                    19                                   (1)
                                              26                                   (2)
                                              213                                (3.1)
                                              213                                (3.2)
                                              214                                (3.3)
                                              16 644                             (3.4)

 TOTAL DEEMED RAND VALUE OF                   R    646.95                           (1)
 AWARDS                                       R    885.30                           (2)
                                              R 7 252.65                          (3.1)
                                              R 7 252.65                          (3.2)
                                              R 7 286.70                          (3.3)
                                              R566 728.20                         (3.4)

 VESTING DATE OF AWARDS                       1 January 2025                        (1)
                                              1 January 2026                        (2)
                                              1 January 2024                      (3.1)
                                              1 January 2025                      (3.2)
                                              1 January 2026                      (3.3)
                                              1 January 2027                      (3.4)


 NATURE AND EXTENT OF INTEREST IN             Direct, beneficial                  (1-3)
 THE TRANSACTION

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

Cape Town
2 December 2022

Sponsor
PSG Capital

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

Important disclosures

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.

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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.