JASCO ELECTRONICS HOLDINGS LIMITED - Prescribed officer dealing in securities
JSC 201610140025A
Prescribed officer dealing in securities
JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC ISIN: ZAE000003794
("Jasco" or “the Group”)
PRESCRIBED OFFICER DEALING IN SECURITIES
In compliance with the requirements of rules 3.63 to 3.74 of the
JSE Limited Listings Requirements (“Listings Requirements”), the
following information is disclosed:
Name of company : Jasco Electronics Holdings Limited
Name of prescribed officer: TS Petje, director of Jasco Trading
(Pty) Limited, a major subsidiary of
Jasco
Class of securities : Options in Jasco ordinary shares
Date of transaction : 13 October 2016
Nature of transaction : Grant of Options
Nature of interest : Direct beneficial
No of options : 465 702
Option strike price : 93 cents per share
Option strike date : 3 October 2016
Period of exercise
and/or vesting : - after 2 years have elapsed from the
date on which the option is granted,
in respect of not more than fifty
percent of the options which are the
subject of that option;
- after 3 years have elapsed from the
date on which the option is granted,
in respect of not more than seventy-
five percent of the options which
are the subject of that option; and
- after 4 years have elapsed from the
date on which the option is granted,
in respect of all the options which
are the subject of that option.
Value of transaction : R433 103
Clearance to for all the transactions have been obtained in terms
of section 3.66 of the Listings Requirements.
Johannesburg
14 October 2016
Sponsor: Grindrod Bank Limited
Date: 14/10/2016 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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