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Acceptance Of Options Granted In Terms Of The Deneb Investments Employee Share Scheme
DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB ISIN: ZAE000197398
(“Deneb” or the “Company”)
ACCEPTANCE OF OPTIONS GRANTED IN TERMS OF THE DENEB INVESTMENTS EMPLOYEE
SHARE SCHEME
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information
is disclosed:
NAME OF DIRECTOR S A Queen
COMPANY OF WHICH I AM A DIRECTOR Deneb
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 1,489,586
TOTAL RAND VALUE OF OPTIONS R2 994 067.86
VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the
following dates:
10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR D Duncan
COMPANY OF WHICH I AM A DIRECTOR Deneb
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 1,073,155
TOTAL RAND VALUE OF OPTIONS R2 157 041.55
STRIKE DATES OF OPTIONS 10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR G D T Wege
COMPANY OF WHICH I AM A DIRECTOR Deneb
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 722,214
TOTAL RAND VALUE OF OPTIONS R1,451,650.14
VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the
following dates:
10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR A Ntuli
COMPANY OF WHICH I AM A DIRECTOR Deneb
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 60,626
TOTAL RAND VALUE OF OPTIONS R121,858.26
STRIKE DATES OF OPTIONS The options will vest in 4 tranches, on the
following dates:
10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR I N Morris
COMPANY OF WHICH I AM A DIRECTOR Prima Toy and Leisure Trading (Pty) Ltd
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 535,957
TOTAL RAND VALUE OF OPTIONS R1,077,273.57
VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the
following dates:
10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR F Nussbaum
COMPANY OF WHICH I AM A DIRECTOR Prima Toy and Leisure Trading (Pty) Ltd
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Options to subscribe for ordinary shares
CLASS OF SECURITIES Ordinary
DATE OF SHARE OPTION ACCEPTANCE 18 June 2018
OPTION STRIKE PRICE (CENTS) 201
NUMBER OF OPTIONS ALLOCATED 565,446
TOTAL RAND VALUE OF OPTIONS R1,136,546.46
VESTING DATES OF OPTIONS The options will vest in 4 tranches, on the
following dates:
10% from 18 June 2019
20% from 18 June 2020
30% from 18 June 2021
40% from 18 June 2022
PERIOD OF EXERCISE 5 years from grant of options
NATURE AND EXTENT OF INTEREST IN Direct Beneficial
TRANSACTION
NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary
shares in terms of a share incentive scheme
(off-market transaction)
CLEARANCE OBTAINED Yes
Cape Town
19 June 2018
Sponsor
PSG Capital
Date: 19/06/2018 03:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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