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Merafe Resources Limited (JSE:MRF) News - Dealings in securities by a director of Merafe
MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)
DEALING IN SECURITIES BY A DIRECTOR OF MERAFE
In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements of the JSE Limited, the
following information is provided:
Vesting of shares in terms of the Share Incentive Scheme (“Scheme”)
In terms of the Scheme, the following grant shares vested on 6 August 2022. The Company has the
right, at its election, either to issue new Merafe ordinary shares or settle in cash. The Company has
opted to settle the respective grant shares in cash.
Name of director: Ditabe Chocho (Financial Director of the
Company)
Date of transaction: 6 August 2022
Class of security: Ordinary shares
Nature of transaction: Vesting of shares in terms of the Scheme
Number of shares vested: 104 167
Issue price per share: Nil
Strike price per share: R1.44
Total value of transaction: R150 000
Transaction completed: Off market
Nature and extent of director's interest in the Direct beneficial
transaction:
Clearance obtained: Yes
Sandton
10 August 2022
Sponsor
One Capital
Date: 10-08-2022 08:30:00
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