SPG
SPG
Super Group - Grants to Executive Directors under share incentive arrangements
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
(ISIN number: ZAE000011334)
(Share code: SPG)
("Super Group")
Grants to Executive Directors under share incentive arrangements
In compliance with rule 3.63 to 3.66 of the Listings Requirements of the JSE
Limited, shareholders are advised that the executive directors have, in terms of
the Share Appreciation Right Scheme 2005, been granted rights to receive shares
and pursuant to the Long Term Incentive Plan 2005, been granted conditional
awards of shares. Shareholder approval was obtained at the 2005 Annual General
Meeting. All rights and awards have conditions and are subject to the rules of
the Share Appreciation Right Scheme and Long Term Incentive Plan. The
Remuneration Committee approved the grants on 29 March 2006 and the required
clearance in terms of the Listings Requirements was obtained.
The schemes support the principle of aligning management and shareholder
interests. Performance conditions governing the vesting of these rights and
awards are intended to be stretching but achievable. They are related to, inter
alia, total shareholder return relative to peer group, return on capital
employed and headline earnings per share increasing by 5% per annum above the
Consumer Price Inflation Index over the three-year performance period ending
June 2008.
The following directors have been granted Share Appreciation Rights and Long
Term Incentive Awards at R10.95. These rights and awards vest upon confirmation
that the performance conditions have been fulfilled.
Name of Director Share Long Term Nature of
Appreciation Incentive interest
Rights Awards
L Lipschitz 397 097 198 549 Direct
beneficial
L Johnston 188 838 104 910 Direct
beneficial
D Dharmalingam 151 644 84 247 Direct
beneficial
30 March 2006, Sandton, South Africa.
Sponsor: Deutsche Securities (SA) (Pty) Limited
Date: 30/03/2006 08:58:03 AM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
