| Thu 10 Dec 2009, 13:11 | | MTA - Metair Investments - Directors` and Share Incentive Scheme Dealings |
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MTA
MTA
MTA - Metair Investments - Directors` and Share Incentive Scheme Dealings
METAIR INVESTMENTS LIMITED
Reg No. 1948/031013/06
(Incorporated in the Republic of South Africa)
Share code : MTA
ISIN code : ZAE000090692
("Metair" or "the Company")
DIRECTORS` AND SHARE INCENTIVE SCHEME DEALINGS
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited
("Listings Requirements"), we hereby advise of the following acceptances of
Performance Shares, which may be settled in cash or Metair shares, in terms of
the The Metair Investments Limited 2009 Share Plan, by directors of the Company
and its major subsidiaries.
The terms and conditions of these Performance Shares are:
Date of award 7 December 2009
Price paid per Performance Share Nil
First vesting date 7 December 2012
Vesting period Performance Shares will vest on the
3rd anniversary of their award, to
the extent that the Company has met
specified performance criteria over
the intervening period
Clearance obtained in terms of Yes
paragraph 3.66 of the Listings
Requirements
These Performance Shares were accepted by the following directors of Metair and
its major subsidiaries:
Director Company name No. of Nature of
Performan interest
ce Shares
accepted
Mr B.M. Jacobs Metair Investments Limited 64,920 Direct beneficial
Mr C.T. Loock Metair Investments Limited 128,668 Direct beneficial
Mr A. Becker Metindustrial (Pty) Ltd 69,517 Direct beneficial
Mr A. Webb Metindustrial (Pty) Ltd 27,146 Direct beneficial
Mr B. Sivlal Metindustrial (Pty) Ltd 38,773 Direct beneficial
Mr C. Ellison Metindustrial (Pty) Ltd 33,224 Direct beneficial
Mr L. Denner Metindustrial (Pty) Ltd 54,246 Direct beneficial
Mr M. Barley Metindustrial (Pty) Ltd 36,476 Direct beneficial
Mr M. Slattery Metindustrial (Pty) Ltd 28,163 Direct beneficial
Mr R. Metindustrial (Pty) Ltd 28,616 Direct beneficial
Bezuidenhout
Mr T. Cross Metindustrial (Pty) Ltd 33,083 Direct beneficial
Ms H. Metindustrial (Pty) Ltd 30,351 Direct beneficial
McLachlan
Mr K. Lello Smiths Manufacturing (Pty) Ltd 73,469 Direct beneficial
Mr J. Smiths Manufacturing (Pty) Ltd 38,974 Direct beneficial
Esterhuizen
Mr T. Lane Smiths Manufacturing (Pty) Ltd 42,528 Direct beneficial
In terms of paragraph 3.63 of the Listings Requirements, we hereby advise of the
following award of Performance Shares, which may be settled in cash or Metair
shares, by the The Metair Investments Limited 2009 Share Plan to directors of
the Company and its subsidiaries:
Date of award 7 December 2009
No of Performance Shares 988 235
Price paid per Performance Share Nil
Total value of transaction Nil
First vesting date 7 December 2012
Vesting period Performance Shares will vest on the
3rd anniversary of their award, to
the extent that the Company has met
specified performance criteria over
the intervening period
Clearance obtained in terms of Yes
paragraph 3.66 of the Listings
Requirements
Johannesburg
10 December 2009
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 10/12/2009 13:11:02 Produced by the JSE SENS Department.
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