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METROFILE HOLDINGS LIMITED - Acceptance of conditional shares in terms of the Metrofile Holdings Limited conditional share plan

Release Date: 27/09/2021 17:30
Code(s): MFL     PDF:  
Wrap Text
Acceptance of conditional shares in terms of the Metrofile Holdings Limited conditional share plan

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile Holdings" or "the Company")

ACCEPTANCE OF CONDITIONAL SHARES IN TERMS OF THE METROFILE HOLDINGS
LIMITED CONDITIONAL SHARE PLAN

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, notification is
hereby given that the following directors of the Company have accepted a conditional right to
Metrofile Holdings shares issued in terms of the Conditional Share Plan (“CSP”).

CSP awards have a strike price of Rnil, however are subject to the relevant criteria as approved at
the November 2019 annual general meeting, namely they are linked to pre-defined performance
criteria and vest in full after 4 years. The awards outlined below are in relation to the standard annual
allocations as per the Company’s remuneration policy.

Name of director                        Pfungwa G Serima
Name of company                         Metrofile Holdings
Date of transaction                     27 September 2021
VWAP at calculation date                R3.26
Number of CSP awards                    1 494 479
Total value of securities               R4 872 001,54
Class of security                       CSP awards in respect of ordinary shares
Nature of transaction                   Off market acceptance of allocation of CSP awards
Nature of interest                      Direct beneficial

Name of director                        Shivan Mansingh
Name of company                         Metrofile Holdings
Date of transaction                     27 September 2021
VWAP at calculation date                R3.26
Number of CSP awards                    658 896
Total value of securities               R2 148 000,96
Class of security                       CSP awards in respect of ordinary shares
Nature of transaction                   Off market acceptance of allocation of CSP awards
Nature of interest                      Direct beneficial

Clearance to deal was obtained in terms of the JSE Limited Listings Requirements.

Illovo
27 September 2021

Sponsor
The Standard Bank of South Africa Limited

Date: 27-09-2021 05:30:00
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