Raubex Group Limited
(Incorporated in the Republic of South Africa) Registration number 2006/023666/06 Share Code: RBX
ISIN Code: ZAE000093183 ("Raubex" or the "company")
VESTING OF BALANCE OF 2018 ALLOCATION AND PARTIAL VESTING OF 2019 ALLOCATION OF THE RAUBEX LONG TERM INCENTIVE SCHEME ("the Scheme")
Shareholders are advised that the 50% balance of the shares awarded to executive directors, prescribed officers and the company secretary of the company in 2018 in terms of the Scheme, vested on 11 August 2022 as approved by Remco and the Board.
Shareholders are further advised that the first 50% of the shares awarded to executive directors, prescribed officers and the company secretary of the company in 2019 in terms of the Scheme, vested on 11 August 2022 as approved by Remco and the Board.
The settlement method in terms of the Scheme is the off-market transfer and delivery of the shares to participants, unless participants opt to sell shares, in which event a separate share dealing SENS will be released.
Name of executive director | : | RJ Fourie |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 314 071 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R11 611 205 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of executive director | : | NF Msiza |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 111 202 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R4 111 138 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of prescribed officer | : | LJ Raubenheimer |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 231 297 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R8 551 050 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of prescribed officer | : | DC Lourens |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 155 763 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R5 758 558 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of prescribed officer | : | RL Shedlock |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 171 014 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R6 322 388 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of prescribed officer | : | JA Louw |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 76 118 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R2 814 082 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Name of company secretary | : | GM Chemaly |
Company | : | Raubex Group Limited |
Date of transaction | : | 11 August 2022 |
Number of Scheme shares | : | 24 266 |
Deemed price | : | R36.97 |
Deemed transaction value | : | R897 114 |
Nature of transaction | : | Vesting of shares |
Class of securities | : | Ordinary shares |
Nature of interest | : | Direct, beneficial |
Clearance was obtained for all transactions.
Sponsor
Investec Bank Limited
12 August 2022
Centurion
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Raubex Group Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 10:44:02 UTC.