VALUE GROUP LIMITED - Directors Dealing in Securities
VLE 201802210061A
Directors Dealing in Securities
Value Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1997/002203/06
Share code: VLE
ISIN: ZAE000016507
DIRECTORS DEALING IN SECURITIES
In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following
information is disclosed:
Company Director : Mano Padiyachy
Date of grant : 21 February 2018
Date of acceptance : 21 February 2018
Nature of transaction : Allocation of share options
Number of securities : 250 000
Class of securities : Ordinary shares
Strike price of options : 419 cents per share
Total value : R1,047,500.00
Nature of interest : Direct beneficial
Clearance was given for the above-mentioned off market transaction in terms of
paragraph 3.66 of the JSE Listings Requirements.
The vesting conditions of the options granted are as follows:
Up to 25% after the second anniversary of acceptance date;
Up to 50% after the third anniversary of acceptance date;
Up to 75% after the fourth anniversary of acceptance date;
Up to 100% after the fifth anniversary of acceptance date.
The contractual life of the options granted is ten years from the acceptance date.
21 February 2018
Sponsor:
Investec Bank Limited
Date: 21/02/2018 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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