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MTA 201604060040A
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 (“Participants”) are hereby
disclosed.
1. ALLOCATION AND EXERCISE/VESTING OF BONUS SHARES
The terms and conditions of the bonus shares (“BS”) are:
Director name Mr C.T. Loock
Company Metair
Date of award 1 April 2016
Number of BS awarded 800 000
Deemed value of BS on exercise/vesting R19.80 being the closing price on 31 March 2016
Total value of transaction Nil
Class of securities Ordinary shares
Nature of transaction Acceptance and exercise/vesting of BS at no cost
Nature of interest Direct beneficial
Vesting date 1 April 2019
Vesting period The BS were awarded as retention bonus shares and vested
on award date
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
2. ALLOCATION OF PERFORMANCE SHARES
The terms and conditions of the performance shares (“PS”) are:
Date of award 1 April 2016
Number of PS awarded to Participants 261 227
Price paid per PS Nil
Total value of transaction Nil
Allocation price per PS R19.80 being the closing price on 31 March 2016
Class of securities Ordinary shares
Nature of transaction Acceptance of PS
Vesting date 1 April 2019
Vesting period PS vest on the third anniversary of the award date to the
extent that the company’s performance criteria during the
intervening period has been met
Transaction completed on market No
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
The details of the allocation of the PS per Participant are set out below. The nature of the interest of all Participants is direct
beneficial.
Deemed value of PS
Director Company name No. of PS accepted (Rand)
Mutlu Aku ve Malzemeleri Sanayii
Dr L. Denner
Anonim Sirketi 25 844 511 711.20
Mutlu Aku ve Malzemeleri Sanayii
Mr C.J. Janse van Rensburg
Anonim Sirketi 8 642 171 111.60
Mutlu Aku ve Malzemeleri Sanayii
Mr G. Paker
Anonim Sirketi 33 747 668 190.60
Mr T. Tulgar Mutlu Holding Anonim Sirketi 7 152 141 609.60
Mr M. Bukagikiran Mutlu Holding Anonim Sirketi 7 570 149 886.00
Mutlu Aku ve Malzemeleri Sanayii
Mr A. Aydin
Anonim Sirketi 8 625 170 775.00
Mr H. Demir Mutlu Holding Anonim Sirketi 7 447 147 450.60
Mutlu Aku ve Malzemeleri Sanayii
Mr Y. Kaptan
Anonim Sirketi 9 564 189 367.20
Mr H. Okur Mutlu Holding Anonim Sirketi 8 036 159 112.80
Mr C. Savasan Mutlu Holding Anonim Sirketi 8 331 164 953.80
Mutlu Aku ve Malzemeleri Sanayii
Mr O. Ogetbil
Anonim Sirketi 7 226 143 074.80
Mr E. Tavukcu Mutlu Holding Anonim Sirketi 4 762 94 287.60
Mr O. Bekiroglu Mutlu Holding Anonim Sirketi 8 042 159 231.60
Mutlu Aku ve Malzemeleri Sanayii
Mr S. Yilmaz
Anonim Sirketi 7 231 143 173.80
Mutlu Aku ve Malzemeleri Sanayii
Mr A. Alim
Anonim Sirketi 6 910 136 818.00
Mr C.T. Loock Metair 57 693 1 142 321.40
Mr S. Douwenga Metair 28 061 555 607.80
Mr A. Jogia Metair 7 868 155 786.40
Ms S.M. Vermaak Metair 8 476 167 824.80
3. EXERCISE AND VESTING OF BONUS SHARES
On 2 April 2013, Metair ordinary shares (“Shares”) were conditionally granted (“Bonus Shares”), to certain Participants in
accordance with the Metair Investments Limited 2009 Share Plan. These Bonus Shares have 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 6 April
2016.
DETAILS OF SALE OF SHARES
Date of transaction 6 April 2016
Nature of transaction On-market sale of shares
Class of Share Ordinary shares
Price per Share R19.55
Total number of Shares sold 15 949
Total value of Shares sold R311 802.95
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
Further details of the exercise of the Bonus Shares, the related receipt of Shares and sale of Shares are provided below:
DETAILS OF EXERCISE OF BONUS SHARES
Total number of Shares exercised/settled 46 171
Deemed value of Bonus Shares on exercise R19.80 being the closing price on 1 April 2016
Class of Securities Ordinary shares
Nature of transaction Settlement of Bonus Shares at no cost
Date of Award 2 April 2013
Date of Bonus Shares exercised/settled 4 April 2016
Vesting period Bonus Shares vest on the third anniversary of the award
date.
Clearance obtained in terms of paragraph 3.66 of the Listings Yes
Requirements
Details of the exercise of the Bonus Shares, 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 No. of Bonus Deemed value of No. of Shares Value of Shares
Name Shares exercised Bonus Shares sold sold (Rand)
(Rand)
Dr L. Denner Mutlu Aku ve 12 531 248 113.80 12 531 244 981.05
Malzemeleri
Sanayii Anonim
Sirketi
Mr C.J. Janse van Mutlu Aku ve 3 418 67 676.40 3 418 66 821.90
Rensburg Malzemeleri
Sanayii Anonim
Sirketi
Mr C.T. Loock Metair 30 222 598 395.60 0 0
Johannesburg
6 April 2016
Sponsor
One Capital
Date: 06/04/2016 04:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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