Raubex Group Limited
(Incorporated in the Republic of South Africa) Registration number 2006/023666/06 Share Code: RBX
ISIN Code: ZAE000093183 ("Raubex" or the "Group")
ACCEPTANCE OF LONG-TERM INCENTIVE PERFORMANCE SHARE AWARDS TO DIRECTORS, EXECUTIVES & COMPANY SECRETARY
In compliance with par 3.63 to 3.65 of the JSE Limited Listings Requirements, the following information is disclosed in relation to the acceptance of performance share awards under the Raubex Group Limited Long-Term Incentive Scheme.
Executive director | : | NF Msiza |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 212 276 |
Award price | : | R37.31 |
Total value of award | : | R7 920 017.56 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Executive director | : | DC Lourens |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 205 521 |
Award price | : | R37.31 |
Total value of award | : | R7 667 988.51 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Executive director | : | SJ Odendaal |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 135 087 |
Award price | : | R37.31 |
Total value of award | : | R5 040 095.97 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | RL Shedlock |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 171 250 |
Award price | : | R37.31 |
Total value of award | : | R6 389 337.50 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | JA Louw |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 80 409 |
Award price | : | R37.31 |
Total value of award | : | R3 000 059.79 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | AFS Kriek |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 144 733 |
Award price | : | R37.31 |
Total value of award | : | R5 399 988.23 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | D Rencken |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 153 466 |
Award price | : | R37.31 |
Total value of award | : | R5 725 816.46 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | JG van der Bijl |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 159 207 |
Award price | : | R37.31 |
Total value of award | : | R5 940 013.17 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Prescribed officer | : | GM Chemaly |
Company | : | Raubex Group Limited |
Date of acceptance | : | 12 August 2022 |
Nature of transaction | : | Off-market acceptance of long-term incentive |
conditional performance share awards of which 50% | ||
will vest in August 2025 and 50% in August 2026, | ||
subject to the achievement of agreed performance | ||
and employment conditions | ||
Class of securities | : | Ordinary shares |
Number of performance shares | : | 32 043 |
Award price | : | R37.31 |
Total value of award | : | R1 195 524.33 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Centurion | ||
12 August 2022 | ||
Sponsor | ||
Investec Bank Limited |
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Raubex Group Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 10:44:02 UTC.