SGP - Super Group Limited - Grants to Executive Di
SPG
SPG
SGP - Super Group Limited - Grants to Executive Directors under share incentive
arrangements
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
ISN 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 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 2009.
The following directors have been granted Share Appreciation Rights and Long
Term Incentive Awards at R11.57. These rights and awards vest upon confirmation
that the performance conditions have been fulfilled.
Name of Share Long Term Nature of
Director Appreciation Incentive Interest
Rights Awards
L Lipschitz 591 781 295 890 Direct
Beneficial
L Johnston 238 356 132 420 Direct
Beneficial
D Dharmalingam 205 479 114 155 Direct
Beneficial
P Smith 120 548 60 274 Direct
Beneficial
5 March 2007
Sandton, South Africa.
Sponsor: Deutsche Securities (SA) (Pty) Limited
Date: 05/03/2007 12:53:32 Produced by the JSE SENS Department.
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