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CORONATION FUND MANAGERS LIMITED - Acceptance Of Units By Directors In Terms Of The Coronation Fund Managers Deferred Remuneration Trust

Release Date: 30/03/2020 17:35
Code(s): CML     PDF:  
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Acceptance Of Units By Directors In Terms Of The Coronation Fund Managers Deferred Remuneration Trust

CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06)
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A294E6FF77
(“Coronation” or “the Company”)

ACCEPTANCE OF UNITS BY DIRECTORS IN TERMS OF THE CORONATION FUND MANAGERS DEFERRED REMUNERATION TRUST (“TRUST”)

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
directors have been awarded and have accepted conditional units from the Trust.


 NAME OF DIRECTORS                               A Pillay                         (1)
                                                 M Musekiwa                       (2)

 COMPANY OF WHICH WE ARE                         Coronation Fund                  (1-2)
 DIRECTORS                                       Managers Limited

 STATUS: EXECUTIVE/NONEXECUTIVE                  Executive                        (1-2)

 TYPE AND CLASS OF SECURITIES                    Units in respect of              (1-2)
                                                 ordinary shares


 NATURE OF TRANSACTION                           Off-market acceptance            (1-2)
                                                 of awards

 DATE OF AWARDS                                  29 February 2020                 (1-2)

 DATE OF ACCEPTANCE OF AWARDS                    27 March 2020                    (1)
                                                 30 March 2020                    (2)

 DEEMED VALUE PER UNIT (CENTS)                   2 900                            (1-2)

 NUMBER OF UNITS                                 64 011                           (1)
                                                  4 431                           (2)

 TOTAL DEEMED RAND VALUE OF                      R1 856 319.00                    (1)
 AWARDS                                          R  128 499.00                    (2)

 VESTING DATES OF AWARDS                         The units will vest              (1-2)
                                                 on 1 January 2024.

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial               (1-2)
 THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
30 March 2020

Sponsor
PSG Capital

Date: 30-03-2020 05:35:00
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