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EXX: Share Transactions

Published: 2022-04-07 08:44:00 ET

Exxaro Resources Limited (JSE:EXX) News - EXX: Share Transactions

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
Bond Code: EXX04
ISIN No: ZAG000160326
Bond Code: EXX05
ISIN No: ZAG000160334
(Exxaro)


SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 and 3.92 of the JSE Limited (“JSE”) Listings Requirements,
notice is hereby given that the Chief Executive Officer, Chief Executive Officer designate,
Directors, Prescribed Officers and Directors of major subsidiaries of Exxaro exercised awards
granted in terms of the Long Term Incentive Plan Scheme (LTIP Scheme), sold and deferred
Exxaro ordinary shares to the Minimum Shareholding Requirement (MSR) Holding Account,
after having received clearance to do so in terms of paragraph 3.66 of the JSE Listings
Requirements.


 Class of shares:                         Ordinary
 Nature of transaction:                   Exercise awards vested and released and on
                                          market sale in terms of the LTIP Schemes
                                          targets over a period of 3 years (01/04/2019 to
                                          01/04/2022)
 Nature of interest:                      Direct Beneficial
 Date of transaction:                     5 April 2022
 LTIP vesting date                        1 April 2022
 Vesting period:                          3 years
 VWAP on date of vesting                  R218.71
 Highest trading price of previous day    R231.13
 Lowest trading price of previous day     R227.20

 Name:                                    Ms V Balgobind
 Position:                                Prescribed officer: Exxaro Resources Limited
 Total LTIP shares vested and sold        17,558
 Sale price per share                     R228.85
 Value of shares sold                     R4,018,148.30

 Name:                                    Ms E Cockrell
 Position:                                Director: Exxaro International Trading AG
 Total LTIP shares vested and sold        3,926
 Sale price per share                     R228.85
 Value of shares sold                     R898,465.10

 Name:                                    Mr AS De Angelis
Position:                                Prescribed Officer: Exxaro Resources Limited
Total LTIP shares vested                 8,192
LTIP shares sold                         3,097
Sale price per share                     R228.85
Value of shares sold                     R708,748.45

LTIP shares released to personal         3,457
portfolio
Value of shares released                 R756,080.47

LTIP shares vested and deferred to       1,638
MSR Holding Account
Value of shares deferred                 R358,246.98
Vesting date                             30 June 2026

Name:                                    Mr PA Koppeschaar
Position:                                Director: Exxaro Resources Limited
Total LTIP shares vested and sold        41,571
Sale price per share                     R228.85
Value of shares sold                     R9,513,523.35

Name:                                    Mr JG Meyer
Position:                                Prescribed Officer: Exxaro Resources Limited
Total LTIP shares vested                 21,592
 
LTIP shares sold                         10,796
Sale price per share                     R228.85
Value of shares sold                     R2,470,664.60

LTIP shares vested and deferred to       10,796
MSR Holding Account
Value of shares deferred                 R2,361,193.16
Vesting date                             30 June 2026

Name:                                    Mr MDM Mgojo
Position:                                Chief Executive Officer: Exxaro Resources
                                         Limited
Total LTIP shares vested                 88,460

LTIP shares sold                         41,798
Sale price per share                     R228.85
Value of shares sold                     R9,565,472.30

LTIP shares released to personal
portfolio                                46,662
Value of shares released                 R10,205,446.02

Name:                                    Mr MI Mthenjane
Position:                                Prescribed Officer: Exxaro Resources Limited
Total LTIP shares vested                 20,352

LTIP shares sold                         8,655
Sale price per share                     R228.85
Value of shares sold                     R1,980,696.75
 LTIP shares released to personal
 portfolio                               9,662
 Value of shares released                R2,113,176.02

 LTIP shares vested and deferred to
 MSR Holding Account                     2,035
 Value of shares deferred                R445,074.85
 Vesting date                            30 June 2026

 Name:                                   Dr N Tsengwa
 Position:                               Chief Executive Officer designate: Exxaro
                                         Resources Limited
 Total LTIP shares vested                32,393

 LTIP shares sold                        15,306
 Sale price per share                    R228.85
 Value of shares sold                    R3,502,778.10

 LTIP shares released to personal
 portfolio                               17,087
 Value of shares released                R3,737,097.77

 Name:                                   M Veti
 Position:                               Prescribed Officer: Exxaro Resources Limited
 Total LTIP shares vested and sold       20,074
 Sale price per share                    R228.85
 Value of shares sold                    R4,593,934.90

 Name:                                   MR Walker
 Position:                               Director: Exxaro Coal Proprietary Limited; Exxaro
                                         International Trading AG
 Total LTIP shares vested and sold       10,048
 Sale price per share                    R228.85
 Value of shares sold                    R2,299,484.80



A NDONI
GROUP COMPANY SECRETARY

7 April 2022



 Lead Equity and Debt Sponsor                        Joint Equity Sponsor
 Absa Corporate and Investment Bank, a               Tamela Holdings Proprietary Limited
 division of Absa Bank Limited

Date: 07-04-2022 10:44:00
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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.