NAMPAK LIMITED - NPK : Award of Performance Shares in terms of the Nampak Limited Performance Share Plan 2009
NPK : Award of Performance Shares in terms of the Nampak Limited Performance Share Plan 2009:
Nampak Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1968/008070/06
Share Code: NPK
ISIN: ZAE000071676
("Nampak" or "the Company")
AWARDS IN TERMS OF THE NAMPAK LIMITED PERFORMANCE SHARE PLAN 2009
Award of Performance Shares in terms of the Nampak Limited Performance
Share Plan 2009 ("PSP") to a director of Nampak Limited.
In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements
of the JSE Limited, the following information is disclosed relating to
the following conditional Performance Share Awards in terms of the
rules of the PSP:
Name of director : EE Smuts
Name of company : Nampak Limited
Nature of transaction : PSP Awards
Award date : 3 March 2020
Notice of award : 3 March 2020
Number of securities : 581 525
Class of securities : Nampak ordinary shares
Deemed Price (VWAP)* : R2,99
Total deemed value of transaction : R1 738 759.70
Performance criteria : Achievement of agreed targets
over three years
Nature and extent of
director's interest : Direct, beneficial
Prior clearance to deal : Obtained
The above transaction was concluded off-market.
The Nominations and Remuneration Committee approved the Performance
Share Awards made. The Release of the Performance Shares is subject to
Performance Targets being satisfied over a three year Performance
Period.
*The deemed price per share indicated is the VWAP per share on the day
the award was made.
Bryanston
5 March 2020
Sponsor:
UBS South Africa (Pty) Ltd
Date: 05-03-2020 01:30:00
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