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SPG
SPG
SPG - Super Group Limited - Grants to Executive Directors under share
incentive arrangements
Super Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1943/016107/06
ISIN number: ZAE000011334
Share code: SPG
("Super Group")
Grants to Executive Directors under share incentive arrangements
In compliance with rule 3.63 to 3.66 of the Listings Requirements of the JSE
Limited, shareholders are advised that the executive directors have, in terms of
the Share Appreciation Right Scheme 2005, been granted rights to receive shares
and pursuant to the Long Term Incentive Plan 2005, been granted conditional
awards of shares.
Shareholder approval was obtained at the 2005 Annual General Meeting. All
rights and awards have conditions and are subject to the rules of the Share
Appreciation Right Scheme and Long Term Incentive Plan. The Remuneration
Committee approved the grants and the required clearance in terms of the
Listings Requirements was obtained.
The schemes support the principle of aligning management and shareholder
interests. Performance conditions governing the vesting of these rights and
awards are intended to be stretching but achievable. The performance conditions
are related to, inter alia, total shareholder return relative to peer group,
return on capital employed, cash generated from operations and headline earnings
per share increasing by 5% per annum above the Consumer Price Inflation Index
over the three year performance period ending June 2010. The grants are
conditional upon the participant remaining employed during the performance
period.
The following directors have been granted Share Appreciation Rights and Long
Term Incentive Awards at R12.50. These rights and awards vest upon confirmation
that the performance conditions have been fulfilled.
Name of Director Share Appreciation Long Term Nature of Interest
Rights Incentive Awards
L Lipschitz 649 600 278 400 Direct Beneficial
L Johnston 276 480 128 000 Direct Beneficial
D Dharmalingam 259 200 120 000 Direct Beneficial
P Smith 139 392 58 080 Direct Beneficial
Sandton
19 September 2007
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 19/09/2007 17:26:44 Produced by the JSE SENS Department.
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