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 Rules 3.63 – 3.74 of the JSE Listing Requirements, the following
information is disclosed:


Name of director           : Lize Lambrechts
Category of director       : Executive Director
Date of transaction        : 4 September 2019
Total number of units      : 15 547
Market Value per share     : R273.98
Total deemed value         : R4 259 567.06
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 2022; 30% in 2023 and 30% in 2024
Pre – Approval Obtained    : Yes


Name of director           : Hendrik David Nel
Category of director       : Executive Director
Date of transaction        : 4 September 2019
Total number of units      : 5 194
Market Value per share     : R273.98
Total deemed value         : R1 423 052.12
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 2022; 30% in 2023 and 30% in 2024
Pre – Approval Obtained    : Yes


Person’s name              : Masood Allie
Category of person         : Company secretary
Date of transaction        : 4 September 2019
Total number of units      : 912
Market Value per share     : R273.98
Total deemed value         : R249 869.76
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 2022; 30% in 2023 and 30% in 2024
Pre – Approval Obtained    : Yes


Person’s name              : Masood Allie
Category of person         : Company Secretary
Date of acceptance         : 4 September 2019
Total number of units      : 534 (as at 30 August 2019)
Vesting price              : R285.00
Total deemed value         : R152 190.00
Price paid on acceptance   : R0.00
Nature of interest         : Direct beneficial
Class of shares            : Ordinary
Nature of transaction      : Off Market Delivery of Santam ordinary shares under
                             Santam Emthunzini BEE Staff Share Plan
Pre – Approval Obtained    : Yes


Person’s name              : Masood Allie
Category of person         : Company Secretary
Date of transaction        : 4 September 2019
Total number of units      : 240
Share price                : R292.50
Transaction value          : R70 200.00
Nature of interest         : Direct beneficial
Class of shares            : Ordinary
Nature of transaction      : On Market Sale of Santam ordinary shares under
                             Santam Emthunzini BEE Staff Share Plan
Pre – Approval Obtained    : Yes


Director’s name            : Vusumuzi Phillip Khanyile
Category of director       : Non-executive director
Date of transaction        : 4 September 2019
Total number of units      : 1 086
Share price                : R292.7573
Transaction value          : R317 934.43
Nature of interest         : Indirectly beneficial
Class of shares            : Ordinary
Nature of transaction      : On Market Sale of Santam ordinary shares
Pre – Approval Obtained    : Yes




Cape Town
6 September 2019

Sponsor: Investec Bank Limited

Date: 06/09/2019 01:00:00
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