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Dealings in securities
METAIR INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
ISIN: ZAE000090692
JSE and A2X share code: MTA
("Metair" or the "Company")
DEALINGS IN SECURITIES
In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("Listings Requirements"), the following transactions by directors of Metair and its major subsidiaries and Metair's
company secretary ("Participants") are hereby disclosed.
1. ALLOCATION AND ACCEPTANCE OF PERFORMANCE SHARES IN TERMS OF THE METAIR INVESTMENTS LIMITED 2009 SHARE PLAN
The terms and conditions of the performance shares ("Performance Shares") are:
Date of award 1 April 2025
Number of Performance Shares awarded to Participants 2 288 367
Price paid per Performance Share Nil
Total value of transaction Nil
Allocation price per Performance Share R7.07, being the closing price on 31 March 2025
Class of securities Ordinary shares
Nature of transaction Acceptance of Performance Shares
Date of acceptance 1 April 2025
Vesting date 1 April 2028
Vesting period Performance Shares vest on the third anniversary of the
award date to the extent that the Company's
performance criteria during the intervening period have
been met
Transaction completed Off-market
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements Yes
The details of the allocation of the Performance Shares per Participant are set out below. The nature and extent of the interest
of all Participants is direct beneficial.
Deemed value of
Number of Performance Performance Shares
Director Company name Shares accepted (Rand)
Mr P.S. O'Flaherty Metair 1 039 604 7 350 000.28
Mr W. Ropertz Metair 334 158 2 362 497.06
Ms L. Otto Metair 81 683 577 498.81
Ms S.M. Vermaak Metair 131 556 930 100.92
Mr A. Holmes Hesto Harnesses Proprietary 266 054 1 881 001.78
Limited ("Hesto")
Mr C. Bothma Hesto 131 542 930 001.94
Mr P. Vermaak Hesto 130 706 924 091.42
Mr S. Khan Hesto 64 901 458 850.07
Mr S. Govender Hesto 108 163 764 712.41
2. VESTING AND EXERCISE OF PERFORMANCE SHARES
On 1 April 2022, Performance Shares were conditionally granted to certain Participants, in accordance with the
Metair Investments Limited 2009 Share Plan. These Performance Shares have vested and have been exercised by the
Participants pursuant to which the Participants received Metair ordinary shares ("Shares") at no cost, as per the table below.
The nature and extent of the interest of the Participants is direct beneficial.
DETAILS OF VESTING AND EXERCISE OF PERFORMANCE SHARES
Total number of Shares exercised/settled 47 692
Deemed value of Performance Shares on exercise R337 182.44 at a price of R7.07, being the closing price
on 31 March 2025
Class of Securities Ordinary shares
Nature of transaction Settlement of Performance Shares
Date of Award 1 April 2022
Date of exercise/settlement of Performance Shares 1 April 2025
Vesting period Performance Shares vest on the third anniversary of the
award date to the extent that the Company's
performance criteria during the intervening period have
been met
Transaction completed Off-market
Clearance obtained in terms of paragraph 3.66 of the Listings
Requirements Yes
Details of the exercise of the Performance Shares and the related receipt of Shares per Participant are tabled below:
Director Company Name Number of Performance Deemed value of
Shares exercised Performance Shares
(Rand)
Mr W. Ropertz Metair 15 026 106 233.82
Mr A. Jogia Metair 6 129 43 332.03
Ms S.M. Vermaak Metair 7 379 52 169.53
Mr P. Vermaak Hesto 7 473 52 834.11
Mr S. Khan Hesto 5 781 40 871.67
Mr S. Govender Hesto 5 904 41 741.28
Johannesburg
2 April 2025
Sponsor
One Capital
Date: 02-04-2025 04:40:00
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