| Wed 7 Jun 2017, 16:00 | | THE FOSCHINI GROUP LIMITED - Directors Dealing in Securities: Acceptance of shareappreciation rights and shares |
|
TFG 201706070030A
Directors Dealing in Securities: Acceptance of share
appreciation rights and shares
THE FOSCHINI GROUP LIMITED
Reg. No.: 1937/009504/06
Code : TFG
ISIN : ZAE000148466
Directors Dealing in Securities: Acceptance of share
appreciation rights and shares
In compliance with the requirements of paragraphs 3.63 to 3.74
of the JSE Listings Requirements, the following should be noted:
-
Name : A D Murray
Position : Executive director - CEO
Date of Acceptance : 2 June 2017
No. of securities : 132 800
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : A D Murray
Position : Executive director - CEO
Date of Acceptance : 2 June 2017
No. of shares : 61 300
Class : Ordinary shares
Value of transaction: R8 553 189 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 61 300 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : A E Thunström
Position : Executive director – CFO
Date of Acceptance : 2 June 2017
No. of securities : 47 000
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : A E Thunström
Position : Executive director – CFO
Date of Acceptance : 2 June 2017
No. of shares : 21 700
Class : Ordinary shares
Value of transaction : R3 027 801 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 21 700 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : M Mendelsohn
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 36 800
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : M Mendelsohn
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 17 000
Class : Ordinary shares
Value of transaction : R2 372 010 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 17 000 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : D B Gedye
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 36 800
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : D B Gedye
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 17 000
Class : Ordinary shares
Value of transaction : R2 372 010 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 17 000 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : G S Naidoo
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 36 800
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : G S Naidoo
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 17 000
Class : Ordinary shares
Value of transaction : R2 372 010 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 17 000 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : B J Curry
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 36 800
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : B J Curry
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 17 000
Class : Ordinary shares
Value of transaction : R2 372 010 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 17 000 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : M Maritz
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 32 300
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : M Maritz
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 14 900
Class : Ordinary shares
Value of transaction : R2 078 997 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 14 900 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : S A Baird
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 32 300
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : S A Baird
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 14 900
Class : Ordinary shares
Value of transaction : R2 078 997 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 14 900 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : J L Fisher
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 32 300
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : J L Fisher
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 14 900
Class : Ordinary shares
Value of transaction : R2 078 997 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 14 900 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : S E Morley
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of securities : 22 600
Class : Ordinary shares
Price : R138.30
Nature of Transaction: Grant and acceptance of share
appreciation rights in terms of
and subject to the rules of the
company’s 2007 share incentive
scheme
Performance periods : Provided the performance criteria
are met, share appreciation rights
are convertible from the third
anniversary of the grant date
Extent of interest : Direct Beneficial
-
Name : S E Morley
Position : Director of Foschini Retail Group
(Pty) Ltd
Date of Acceptance : 2 June 2017
No. of shares : 10 400
Class : Ordinary shares
Value of transaction : R1 451 112 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 10 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : D van Rooyen
Position : Company secretary
Date of Acceptance : 2 June 2017
No. of shares : 4 400
Class : Ordinary shares
Value of transaction : R613 932 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 4 400 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ and the
requisite performance conditions
are satisfied.
Extent of interest : Direct Beneficial
-
Name : D van Rooyen
Position : Company secretary
Date of Acceptance : 2 June 2017
No. of shares : 1 500
Class : Ordinary shares
Value of transaction : R209 295 based on the closing
market price on 2 June 2017 of
R139.53
Consideration : Nil
Nature of Transaction: Acceptance of 1 500 TFG shares in
terms of and subject to the rules
of the company’s 2010 share
incentive scheme
Vesting periods : The shares vest on the third
anniversary of the grant date
provided the recipient remains in
the group’s employ.
Extent of interest : Direct Beneficial
-
The abovementioned transactions are off-market transactions and
the pre-requisite clearances were obtained for these transactions.
Cape Town
7 June 2017
Sponsor:
UBS South Africa Proprietary Limited
Date: 07/06/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
