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SANLAM LIMITED - Directors dealings in Sanlam securities

Release Date: 21/10/2020 15:00
Code(s): SLM     PDF:  
Wrap Text
Director’s dealings in Sanlam securities

Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
A2X share code: SLM
ISIN: ZAE000070660
(“Sanlam”)

Director’s dealings in Sanlam securities

In compliance with paragraph 3.63 – 3.66 of the Listings
Requirements of the JSE Limited, we hereby advise the following
dealings by a director in Sanlam securities:

Name:                             Abigail Mukhuba
Designation:                      Financial Director
Date of transaction:              20 October 2020
Total number of shares:           138 826
Total transaction value:          Rnil (Conditional value of R6 870
                                  498.74 based on closing price of
                                  R49.49 per share on 20 October 2020)
Retention and performance         Five years
period:
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Acceptance of a conditional
                                  undertaking under the Deferred Share
                                  Plan and Performance Deferred Share
                                  Plan to receive fully paid-up shares
                                  in future should certain pre-
                                  determined performance hurdles be
                                  met
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes


Name:                             Abigail Mukhuba
Designation:                      Financial Director
Date of transaction:              20 October 2020
Total number of shares:           121 075
Total transaction value:          Rnil (Conditional value of R5 992
                                  001.75 based on closing price of
                                  R49.49 per share on 20 October 2020)
Retention and performance         Two years
period:
Nature and extent of the          Direct beneficial
director’s interest in the
transaction:
Class of securities:              Ordinary shares
Nature of transaction:            Acceptance of award of Sanlam shares
                                  subject to retention and individual
                                  performance conditions.
On market/Off market trade:       Off market
Prior authority to transact
obtained:                         Yes


Bellville
21 October 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 21-10-2020 03:00:00
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