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PURPLE GROUP LIMITED - DIRECTORS DEALING IN SECURITIES

Release Date: 18/12/2020 15:36
Code(s): PPE     PDF:  
Wrap Text
DIRECTOR’S DEALING IN SECURITIES

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
(“the Company”)

DIRECTOR’S DEALING IN SECURITIES

In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited ("Listings Requirements"), the following information is disclosed:


Name of director:            Charles Savage
Date of transaction:         17 December 2020
Nature of transaction:       Exercise of share options and subsequent allocation of
                             shares
Number of securities:        7 000 000 shares
Class of securities:         Ordinary shares
Strike price of options:     19.1 cents per share
Total Value:                 R1 337 000.00
Period of vesting:           4 years
Vested date:                 22 December 2017
Nature of interest:          Direct beneficial

Name of director:            Gary van Dyk
Date of transaction:         17 December 2020
Nature of transaction:       Exercise of share options and subsequent allocation of
                             shares
Number of securities:        7 000 000 shares
Class of securities:         Ordinary shares
Strike price of options:     19.1 cents per share
Total Value:                 R1 337 000.00
Period of vesting:           4 years
Vested date:                 22 December 2017
Nature of interest:          Direct beneficial

Name of director:            Mark Barnes
Date of transaction:         17 December 2020
Nature of transaction:       Exercise of share options and subsequent allocation of
                             shares
Number of securities:        6 000 000 shares
Class of securities:         Ordinary shares
Strike price of options:     19.1 cents per share
Total Value:                 R1 146 000.00
Period of vesting:           4 years
Vested date:                 22 December 2017
Nature of interest:          Direct beneficial
Clearance was given for the above-mentioned transactions in terms of paragraph
3.66 of the Listings Requirements and were off market allocations.

The vesting conditions of the options exercised were:
Up to 25% on or after the first anniversary date of acceptance of options;
Up to 50% on or after the second anniversary of the acceptance date;
Up to 75% on or after the third anniversary date; and
Up to 100% on or after the fourth anniversary date.
The contractual life of the options is seven years from the date of grant.


Johannesburg
18 December 2020
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 18-12-2020 03:36:00
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