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MML
MML
MML - Metmar Limited - Dealings in securities by directors
Metmar Limited
Incorporated in the Republic of South Africa
Registration number: 1998/007269/06
Share code: MML
ISIN code: ZAE000078747
("Metmar" or "the Company")
DEALINGS IN SECURITIES BY DIRECTORS
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements
("Listings Requirements"), shareholders are advised that certain directors may
derive a beneficial interest in terms of Metmar`s management and employee bonus
incentive scheme ("the Bonus Scheme").
BoE Stockbrokers (Pty) Limited has acquired shares on behalf of certain
directors in respect of the Bonus Scheme and the release thereof to the
directors referred to below (20% of the total number of shares released per
annum for a period of 5 years), is conditional on the director being employed by
the Company on that date.
In order to comply with the Listings Requirements, the directors` potential
interest in these dealings are disclosed below:
Name of director: Ms M de Wet
Name of company of which she is a director: Metmar Trading (Pty) Limited
Date on which transaction was effected: 28 October 2011
Nature of transaction: Purchase in terms of the
Bonus Scheme
Class of security: Ordinary shares
Number of ordinary shares: 39 500
Price per security: R2.68 (VWAP); R2.70
(highest); R2.60 (lowest)
Total value of transaction: R105 868.68
Nature of director`s interest: Indirect beneficial Confirmation of
on-market or off-market: On-market
Vesting period: 20% of the total number of shares
(39 500 shares), released per annum
for a period of 5 years
Name of director: Mr B Hean
Name of company of which he is a director: Metmar Trading (Pty) Limited
Date on which transaction was effected: 28 October 2011
Nature of transaction: Purchase in terms of the
Bonus Scheme
Class of security: Ordinary shares
Number of ordinary shares: 48 355
Price per security: R2.68 (VWAP); R2.70 highest); R2.60
(lowest)
Total value of transaction: R129 777.23
Nature of director`s interest: Indirect beneficial Confirmation of
on-market or off-market: On-market
Vesting period: 20% of the total number of shares
(48 355 shares), released per annum
for a period of 5 years
Furthermore, in compliance with paragraph 3.63 of the Listings Requirements, the
following information regarding a transaction in securities by a director of
Metmar is disclosed:
Name of director: Mr SMS Nkosi
Date on which transaction was effected: 28 October 2011
Nature of transaction: Purchase of securities
Class of security: Ordinary shares
Number of ordinary shares: 4 500
Price per security: R2.58
Total value of transaction: R11 610
Nature of director`s interest: Direct beneficial Confirmation of
on-market or off-market: On-market
In compliance with paragraph 3.66 of the Listings Requirements, prior clearance
to deal in the above securities was obtained from the Chairman of the Board. The
above trades were completed outside of a closed period.
31 October 2011
Bryanston
Sponsor
One Capital
Date: 31/10/2011 17:24:00 Produced by the JSE SENS Department.
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