| Tue 17 Oct 2023, 16:35 | | ATTACQ LIMITED - Dealings in securities by directors, a prescribed officer and the company secretary |
|
Dealings in securities by directors, a prescribed officer and the company secretary
ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT ISIN: ZAE000177218
(Approved as a REIT by the JSE)
("Attacq" or "the company")
DEALING IN SECURITIES BY DIRECTORS, A PRESCRIBED OFFICER AND THE COMPANY SECRETARY
Shareholders are advised of the following information relating to the award of conditional performance shares
("CPSs") and acceptance thereof by directors, a prescribed officer and the company secretary under the Attacq
Limited Long-Term Incentive Plan ("LTIP") which are subject to various performance conditions set and agreed by
the Remuneration and Nominations Committee, in line with the strategic objectives of the company, together with the
award and acceptance of retention shares by a prescribed officer and the company secretary, which awards are not
subject to performance conditions. These awards, which were made in October 2022 but only accepted on 13 October
2023 subsequent to the company exiting a prohibited period, will vest in three tranches on a 60%, 20% and 20% basis
on the third, fourth and fifth anniversary of the award, respectively:
Name of director: Jackie van Niekerk
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 918 356
Price per security R8.40
Total value: R7 714 190.40
Nature of transaction: Acceptance of CPSs in terms of the LTIP
Nature and extent of director's interest Direct beneficial
Clearance to deal obtained: Yes
Name of director: Raj Nana
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 662 121
Price per security R8.40
Total value: R5 561 816.40
Nature of transaction: Acceptance of CPSs in terms of the LTIP
Nature and extent of director's interest Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Michael Clampett
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 168 521
Price per security R8.40
Total value: R1 415 576.40
Nature of transaction: Acceptance of CPSs in terms of the LTIP
Nature and extent of prescribed officer's interest Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Michael Clampett
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 42 130
Price per security R8.40
Total value: R353 892.00
Nature of transaction: Acceptance of retention shares in terms of the LTIP
Nature and extent of prescribed officer's interest Direct beneficial
Clearance to deal obtained: Yes
Name of company secretary: Wyna Modisapodi
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 80 000
Price per security R8.40
Total value: R672 000.00
Nature of transaction: Acceptance of CPSs in terms of the LTIP
Nature and extent of company secretary's interest Direct beneficial
Clearance to deal obtained: Yes
Name of company secretary: Wyna Modisapodi
Transaction date: 13 October 2023
Class of security: Options over ordinary shares
Number of securities: 80 000
Price per security R8.40
Total value: R672 000.00
Nature of transaction: Acceptance of retention shares in terms of the LTIP
Nature and extent of company secretary's interest Direct beneficial
Clearance to deal obtained: Yes
Shareholders are further advised of the vesting and exercise of CPSs and retention shares under the LTIP based on an
assessment by the Remuneration and Nominations Committee of the achievement of the performance conditions
attached to the awards of the CPSs. The number of vested awards was determined by the extent to which certain
performance target levels were achieved, measured over a three year performance period, resulting in the following
CPSs and retention shares being granted:
Transaction date 13 October 2023
Class of security: Ordinary shares
Price per security Rnil
Nature of transaction: Off-market exercise of CPSs and retention shares under the
LTIP
Names of directors and prescribed officer of Attacq: Number of CPSs Total deemed value of the transaction
and retention shares (based on a price per security of
exercised: R8.40, being the 5 day volume
weighted average price of an Attacq
share as at 13 October 2023):
Jackie van Niekerk - CPSs 410 714 R3 449 997.60
Jackie van Niekerk – retention shares 33 523 R281 593.20
Raj Nana 538 630 R4 524 492.00
Michael Clampett 118 277 R993 526.80
Nature and extent of directors' and prescribed Direct beneficial
officer's interest
Clearance to deal obtained: Yes
17 October 2023
Sponsor
Java Capital
Date: 17-10-2023 04:35:00
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.