Acceptance of allocations of securities to directors, prescribed officers and the company secretary
JSE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
Share Code: JSE
ISIN: ZAE000079711
LEI: 213800MZ1VUQEBWRFO39
("JSE")
ACCEPTANCE OF ALLOCATIONS OF SECURITIES TO DIRECTORS, PRESCRIBED OFFICERS
AND THE COMPANY SECRETARY
The JSE LTIS 2018 Trust ("Trust") has acquired a total of 554 062 JSE
ordinary shares in the open market, with prior clearance, and on behalf of
participants in the JSE's Long-Term Incentive Scheme ("LTIS 2018"), as
previously disclosed. These JSE ordinary shares were acquired at a volume-
weighted average price ("VWAP") of R174.1761 per ordinary share.
Following the acquisition of the JSE ordinary shares by the Trust, the
executive directors, the prescribed officers and the Company Secretary have,
on 12 March 2026, accepted grants of restricted JSE ordinary shares, as
reflected below.
Executive Role Total number Total Rand value Nature of
of restricted of restricted JSE interest
JSE ordinary ordinary shares
shares awarded and
awarded and accepted
accepted
F Suliman Group CFO & 64 064 11 158 418 Direct
Executive beneficial
Director
A Greenwood Prescribed 48 846 8 507 806 Direct
Officer beneficial
V Lee Prescribed 25 998 4 528 230 Direct
Officer beneficial
Q Mthembu Prescribed 18 556 3 232 012 Direct
Officer beneficial
M Randall Prescribed 41 106 7 159 683 Direct
Officer beneficial
T Tsoaeli Prescribed 38 166 6 647 605 Direct
Officer beneficial
V Reddy Prescribed 104 314 18 169 006 Direct
Officer beneficial
GA Brookes Group Company 13 420 2 337 443 Direct
Secretary beneficial
These ordinary shares are held by the LTIS 2018 participants on a direct
beneficial basis and are restricted until all vesting criteria (as defined)
are fulfilled.
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) the LTIS 2018 participant remaining in the employ of the JSE for the
vesting term (collectively "the vesting criteria").
To the extent that the vesting criteria are not fulfilled, the share awards
are forfeited.
The restricted shares will vest in two tranches, one-half on 1 March 2029
and the remaining half on 1 March 2030, subject to the vesting criteria
being met.
The individual allocations (grant and acceptance) were approved by the JSE's
Group Remuneration Committee.
Sandton
13 March 2026
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 13-03-2026 05:34:00
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