SANTAM LIMITED - Dealings in securities

Dealings in securities

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
(JSE Share Code: SNT & ISIN: ZAE000093779)
NSX share code: SNM
(‘Santam’)

DEALINGS IN SECURITIES

In compliance with the JSE Limited Listings and Debt Listings Requirements, the following information is
disclosed:


Name of director                : Lize Lambrechts
Category of director            : Executive Director
Date of transaction             : 15 December 2020
Total number of units           : 17 724
Market Value per share          : R242.46
Total deemed value              : R4 297 361.04
Price paid at acceptance        : R0.00
Nature of interest              : Direct Beneficial
Class of shares                 : Ordinary
Nature of transaction           : Off Market 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 retention and
                                  performance hurdles be met.
Period of vesting               : 40% in 2023; 30% in 2024 and 30% in 2025
Pre – Approval Obtained         : Yes

Name of director                : Hendrik David Nel
Category of director            : Executive Director
Date of transaction             : 15 December 2020
Total number of units           : 22 004
Market Value per share          : R242.46
Total deemed value              : R5 335 089.84
Price paid at acceptance        : R0.00
Nature of interest              : Direct Beneficial
Class of shares                 : Ordinary
Nature of transaction           : Off Market 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 retention and performance hurdles be met.
Period of vesting               : 40% in 2023; 30% in 2024 and 30% in 2025
Pre – Approval Obtained         : Yes

Person’s name                   : Masood Allie
Category of person              : Company secretary
Date of transaction             : 15 December 2020
Total number of units           : 1 444
Market Value per share          : R242.46
Total deemed value              : R350 112.24
Price paid at acceptance        : R0.00
Nature of interest              : Direct Beneficial
Class of shares                 : Ordinary
Nature of transaction            : Off Market Acceptance of a conditional undertaking under the
                                   Deferred Share Plan to receive fully paid-up shares in future should
                                   certain pre-determined retention and performance hurdles be met.
Period of vesting                : 40% in 2023; 30% in 2024 and 30% in 2025
Pre – Approval Obtained          : Yes



Cape Town
15 December 2020

Sponsor: Investec Bank Limited

Date: 15-12-2020 04:30:00
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