In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, Mantengu hereby announces that the Company’s combined nomination and remuneration committee has, in terms of the Company’s Performance Share Plan, granted Awards to the following directors, being the rights, following the fulfilment of the relevant conditions, to receive ordinary shares in the Company for no consideration (“Conditional Shares”), which shares will vest on the date on which the Awards are made (“Immediate Awards”). Additional details are disclosed below.
Director:
Mike Miller
Award Date:
29 August 2024
Date of acceptance of Awards:
29 November 2024
Number of Awards accepted:
1 260 000
Nature of the transaction:
Off-market acceptance of Immediate Awards in terms of the Performance Share Plan
Vesting Date of Awards:
29 November 2024
Price per Award:
R0.00
Total deemed value of Awards accepted:
R970 200.00
Based on the share price at closing on the day before the date of acceptance
Extent of director’s interest:
Direct beneficial
Clearance to deal obtained:
Yes
Director:
Magen Naidoo
Award Date:
29 August 2024
Date of acceptance of Awards:
29 November 2024
Number of Awards accepted:
1 225 000
Nature of the transaction:
Off-market acceptance of Immediate Awards in terms of the Performance Share Plan
Vesting Date of Awards:
29 November 2024
Price per Award:
R0.00
Total deemed value of Awards accepted:
R943 250.00
Based on the share price at closing on the day before the date of acceptance