Capital Appreciation Limited (JSE:CTA) News - Directors Dealings

Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: CTA
ISIN: ZAE000208245
(“CAPPREC" or “the Group”)


DIRECTORS DEALINGS

Name of director:                 Michael Reuven Pimstein
Grant and acceptance date:        6 September 2021
Class of securities               Ordinary shares
Number of securities:             3,000,000 ordinary shares
Price per security:               Fair values at grant date per share using the three-
                                  day volume weighted average price of 118,7875
                                  cents per ordinary share
Total value of transaction:       R3,563,625
Nature of transaction             Off-market grant and acceptance of award
                                  made pursuant to the Capital Appreciation
                                  Limited share plan
Conditions of the award:          The award is subject to performance criteria
                                  over a three-year performance period and
                                  continued employment for the duration of a 3-
                                  year vesting period.
Nature and extent of director's   Direct beneficial
interest:
Clearance to deal received:       Yes

Name of director:                 Bradley Jonathan Sacks
Grant and acceptance date:        6 September 2021
Class of securities               Ordinary shares
Number of securities:             3,000,000 ordinary shares
Price per security:               Fair values at grant date per share using the three-
                                  day volume weighted average price of 118,7875
                                  cents per ordinary share
Total value of transaction:       R3,563,625
Nature of transaction             Off-market grant and acceptance of award
                                  made pursuant to the Capital Appreciation
                                  Limited share plan
Conditions of the award:          The award is subject to performance criteria over
                                  a three-year performance period and continued
                                  employment for the duration of a 3-year vesting
                                  period.
Nature and extent of director's   Direct beneficial
interest:
Clearance to deal received:       Yes

Name of director:                 Alan Charles Salomon
Grant and acceptance date:        6 September 2021
Class of securities               Ordinary shares
Number of securities:             3,000,000 ordinary shares
                                  Fair values at grant date per share using the three-
Price per security:               day volume weighted average price of 118,7875
                                  cents per ordinary share
Total value of transaction:       R3,563,625
Nature of transaction             Off-market grant and acceptance of award
                                  made pursuant to the Capital Appreciation
                                  Limited share plan
Conditions of the award:          The award is subject to performance criteria
                                  over a three-year performance period and
                                  continued employment for the duration of a 3-
                                  year vesting period.
Nature and extent of director's   Direct beneficial
interest:
Clearance to deal received:       Yes


Name of director:                 Michael Brian Shapiro
Grant and acceptance date:        6 September 2021
Class of securities               Ordinary shares
Number of securities:             833,333 ordinary shares
Price per security:               Fair values at grant date per share using the three-
                                  day volume weighted average price of 118,7875
                                  cents per ordinary share
Total value of transaction:       R989,895
Nature of transaction             Off-market grant and acceptance of award
                                  made pursuant to the Capital Appreciation
                                  Limited share plan
Conditions of the award:          The award is subject to performance criteria
                                  over a three-year performance period and
                                  continued employment for the duration of a 3-
                                  year vesting period.
Nature and extent of director's   Direct beneficial
interest:
Clearance to deal received:       Yes

Johannesburg
6 September 2021


Sponsor: Investec Bank Limited

Date: 06-09-2021 03:30:00
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