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MTA 201412100052A
Directors’ dealings in securities
METAIR INVESTMENTS LIMITED
(Reg No. 1948/031013/06)
(Incorporated in the Republic of South Africa)
Share code : MTA
ISIN code : ZAE000090692
(“Metair”)
DIRECTORS’ DEALINGS IN SECURITIES
In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following off-market transactions by directors of Metair and its major subsidiaries are hereby disclosed.
On 7 December 2009, Metair ordinary shares ("Shares") were conditionally granted (“Share Appreciation Rights”), to certain of
the directors of Metair and its major subsidiaries (“Participants”) in accordance with The Metair Investments Limited 2009 Share
Plan (“Share Plan”). These Share Appreciation Rights have partially vested and have been exercised by the Participants
pursuant to which the Participants received Shares at no cost.
In order to facilitate the disposal of these Shares received by the Participants in an orderly fashion, the Participants have entered
into a pooled sale in terms of which the Participant's Shares were disposed through a single arranged on-market trade on 9
December 2014.
DETAILS OF SALE OF SHARES
Date of transaction 9 December 2014
Nature of transaction On-market sale of Shares
Class of Share Ordinary shares
Price per Share R32.3594
Total number of Shares sold 675 723
Total value of Shares sold R21 865 990.85
Written clearance to deal obtained Yes
Further details of the exercise of the Share Appreciation Rights, the related receipt of Shares and sale of Shares are provided
below:
DETAILS OF EXERCISE OF SHARE APPRECIATION RIGHTS
Total number of Shares exercised 744 134
Deemed value of Share Appreciation Rights on exercise R26 379 550.30 at a price of R35.45 per Share, being the 20
day VWAP as at the 8 December 2014
Class of securities Ordinary shares
Nature of transaction Off-market acquisition of Shares pursuant to the exercise of
Share Appreciation Rights at no cost
Date of award 7 December 2009
Date of Share Appreciation Rights exercised 8 December 2014
Vesting period In equal thirds on the 3rd, 4th and 5th anniversaries but need
not be exercised until the 6th anniversary
Written clearance to deal obtained Yes
Details of the exercise of the Share Appreciation Rights, the related receipt of Shares and sale of Shares by directors of Metair
and its major subsidiaries who were Participants are tabled below. The nature of the interest of all Participants is direct
beneficial.
Director Company name No. of Deemed value No. of Value of
Share of Share Shares Shares sold
Appreciat Appreciation sold (Rand)
ion Rights
Rights exercised
exercised (Rand)
Mr A. Webb Metindustrial (Pty) Ltd 5 783 205 007.35 5 783 187 134.41
Mr M. Slattery Metindustrial (Pty) Ltd 6 000 212 700.00 6 000 194 156.40
Mr R. Metindustrial (Pty) Ltd
6 097 216 138.65 6 097 197 295.26
Bezuidenhout
Ms H. McLachlan Metindustrial (Pty) Ltd 6 466 229 219.70 -
Mr A. Becker Metindustrial (Pty) Ltd 101 106 3 584 207.70 101 106 3 271 729.50
Mr B. Sivlal Metindustrial (Pty) Ltd 46 522 1 649 204.90 - -
Mr C. Ellison Metindustrial (Pty) Ltd 9 438 334 577.10 9 438 305 408.02
Mr M. Barley Metindustrial (Pty) Ltd 45 869 1 626 056.05 45 869 1 484 293.32
Dr L. Denner Mutlu Holding Anonim
94 496 3 349 883.20 94 496 3 057 833.86
Sirketi
Mr C.T. Loock Metair 370 948 13 150 106.60 370 948 12 003 654.71
Mr K. Lello Metair 51 409 1 822 449.05 35 986 1 164 485.37
Johannesburg
10 December 2014
Sponsor
One Capital
Date: 10/12/2014 03:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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