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Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
(ISIN: ZAE000026480)
(JSE and A2X Share code: REM)
("Remgro")
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, PRESCRIBED OFFICERS
AND THE COMPANY SECRETARY
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings
Requirements the following information is disclosed regarding the
dealings by the executive directors, prescribed officers and the
company secretary of Remgro.
The executive directors, prescribed officers and the company
secretary of Remgro have traded the first tranche of the 2019
Conditional Share Plan awards, allocated on 5 December 2020 and which
vested on 5 December 2022. The company secretary also traded the
second tranche of the 2018 Conditional Share Plan awards which vested
on 5 December 2022.
The vesting of the awards was subject to the satisfaction of the
Performance Conditions where applicable, and the Employment
Conditions determined by the Remuneration and Nomination Committee.
The Performance Conditions comprise the achievement of certain
Company financial measures, which include Growth in Intrinsic Net
Asset Value, Growth in Free Cash Flow at the Centre, Environmental,
Social & Governance measures as well as non-financial Individual
Performance Conditions.
1. Dealings in securities by executive directors and prescribed
officers
Director : J J Durand
Company : Remgro Limited
Date of award : 5 December 2020
Vesting period : 2 years from date of award
Date of vesting : 5 December 2022
Percentage of award vested : 71%
Annual number of vested awards : 57 937
Date of transaction : 6 December 2022
Nature of transaction : On-market sale of shares to
settle tax liability arising
from the vesting of
conditional share awards in
terms of the Remgro
Conditional Share Plan
Number of shares : 26 913
Class of securities : Ordinary shares
Selling price : R 138.1462 per share
Total value of transaction : R 3 717 928.68
Number of securities transferred : 31 024
to director’s portfolio
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : N J Williams
Company : Remgro Limited
Date of award : 5 December 2020
Vesting period : 2 years from date of award
Date of vesting : 5 December 2022
Percentage of award vested : 71%
Annual number of awards vested : 17 746
Date of transaction : 6 December 2022
Nature of transaction : On-market sale of shares to
settle tax liability arising
from the vesting of
conditional share awards in
terms of the Remgro
Conditional Share Plan
Number of shares : 8 247
Class of securities : Ordinary shares
Selling price : R 138.1462 per share
Total value of transaction : R 1 139 291.71
Number of securities transferred : 9 499
to director’s portfolio
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : M Lubbe
Company : Remgro Limited
Date of award : 5 December 2020
Vesting period : 2 years from date of award
Date of vesting : 5 December 2022
Percentage of award vested : 71%
Annual number of awards vested : 9 619
Date of transaction : 6 December 2022
Nature of transaction : On-market sale of shares
pursuant to the vesting of
conditional share awards in
terms of the Remgro
Conditional Share Plan
Number of shares : 9 619
Class of securities : Ordinary shares
Selling price : R 138.1462 per share
Total value of transaction : R 1 328 828.30
Nature of interest : Direct beneficial
Clearance obtained : Yes
Prescribed officer : P R Louw
Company : Remgro Limited
Date of award : 5 December 2020
Vesting period : 2 years from date of award
Date of vesting : 5 December 2022
Percentage of award vested : 71%
Annual number of awards vested : 11 426
Date of transaction : 6 December 2022
Nature of transaction : On-market sale of shares to
settle tax liability arising
from the vesting of
conditional share awards in
terms of the Remgro
Conditional Share Plan
Number of shares : 5 311
Class of securities : Ordinary shares
Selling price : R 138.1462 per share
Total value of transaction : R 733 694.47
Number of securities transferred : 6 115
to director’s portfolio
Nature of interest : Direct beneficial
Clearance obtained : Yes
Prescribed officer : P J Uys
Company : Remgro Limited
Date of award : 5 December 2020
Vesting period : 2 years from date of award
Date of vesting : 5 December 2022
Percentage of award vested : 71%
Annual number of awards vested : 21 681
Date of transaction : 5 December 2022
Nature of transaction : Off-market transfer of shares
to portfolio pursuant to the
vesting of conditional share
awards in terms of the Remgro
Conditional Share Plan
Class of securities : Ordinary shares
Total value of transaction : R (21 681 X R141.64*)= R3 070
896.84
Nature of interest : Direct beneficial
Clearance obtained : Yes
* based on the 5 day Volume Weighted Average Remgro share price as
at close of business 2 December 2022
2. Dealings in securities by company secretary
Company secretary : D I Dreyer
Company : Remgro Limited
Dates of awards : 5 December 2018 and 5 December
2020
Vesting period : 4 and 2 years from date of
award
Date of vesting : 5 December 2022
Number of awards vested : 1 187
Date of transaction : 6 December 2022
Nature of transaction : On-market sale of shares
pursuant to the vesting of
awards in terms of the
Retention Conditional Share
Plan
Class of securities : Ordinary shares
Number of shares sold : 1 187
Selling price : R 138.1462per share
Total value of transaction : R 163 979.54
Nature of interest : Direct beneficial
Clearance obtained : Yes
Stellenbosch
07 December 2022
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
