JSE LIMITED - Dealings in securities by JSE LTIS 2018 Trust

Dealings in securities by JSE LTIS 2018 Trust

JSE LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2005/022939/06
Share Code: JSE
ISIN Code: ZAE000079711
LEI: 213800MZ1VUQEBWRFO39
(“JSE” or “the Company”)

DEALINGS IN SECURITIES BY JSE LTIS 2018 TRUST

The JSE LTIS 2018 Trust (“Trust”) has acquired 300 780 JSE ordinary shares
in the open market on behalf of senior members of staff (“LTIS 2018
participants”) to fulfil share awards granted to these staff under the
JSE’s Long-Term Incentive Scheme (“LTIS 2018”). The ordinary shares are
held by the LTIS 2018 participants on a direct beneficial basis.

These ordinary shares are restricted until all vesting criteria are
fulfilled whereupon the shares vest in the hands of LTIS 2018 participants.
To the extent that the vesting criteria are not fulfilled the share awards
are forfeited.

The vesting of these restricted JSE ordinary shares is subject to –

(i)  the JSE achieving specified corporate performance targets over the
     measurement period; and
(ii) a LTIS 2018 participant remaining in the employ of the JSE for the
     vesting term (collectively “the vesting criteria”).

These JSE ordinary shares were acquired on-market, with prior clearance,
at a volume-weighted average price (“VWAP”) of R117.3193 per ordinary share.
The total transaction value amounted to R35 287 299. The daily high, low
and volume-weighted average price for the various transactions effected by
the Trust were –
             
Dates in 2022      Number of JSE    Daily VWAP of    Daily highest   Daily lowest
that JSE           ordinary         JSE shares       price paid      price paid
ordinary           shares           acquired         (cents per      (cents per 
shares were        acquired         (cents per       share)          share)
acquired                            share)
   
10 March           43 214          11598.04          11600           11579
11 March           150 000         11699.23          11953           11649
14 March           107 566         11831.31          11900           11710

The requisite approvals have been granted by shareholders at the Company’s
annual general meeting, in respect of the acquisition of JSE ordinary shares
in the open market and in respect of specific financial assistance to the
Trust for the purpose of acquiring these shares.


Sandton
15 March 2022

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 15-03-2022 08:11:00
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