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DENEB INVESTMENTS LIMITED - Exercise Of Options In Terms Of The Deneb Long Term Incentive Scheme And Sale Of Securities

Release Date: 06/02/2019 16:00
Code(s): DNB     PDF:  
 
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Exercise Of Options In Terms Of The Deneb Long Term Incentive Scheme And Sale Of Securities

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”)

EXERCISE OF OPTIONS BY DIRECTOR IN TERMS OF THE DENEB LONG TERM
INCENTIVE SCHEME AND SALE OF SECURITIES BY DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information is disclosed:

1.
 NAME OF DIRECTOR                                G Wege

 COMPANY OF WHICH A DIRECTOR                     Deneb Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares                   (1) – (2)

 NATURE OF TRANSACTIONS                          Delivery of ordinary shares       (1)
                                                 through the exercise of Deneb
                                                 Long Term Incentive Scheme
                                                 options granted and accepted
                                                 in 2014 at an adjusted strike
                                                 price of 87 cents strike price
                                                 (off-market)

                                                 Delivery of ordinary shares       (2)
                                                 through the exercise of Deneb
                                                 Long Term Incentive Scheme
                                                 options granted and accepted
                                                 in 2014 at an adjusted strike
                                                 price of 130 cents strike price
                                                 (off-market)

 DATE OF TRANSACTIONS                            5 February 2019                   (1) – (2)

 CENTS PER SHARE                                 241 cents                         (1) – (2)

 NUMBER OF SECURITIES TRANSACTED                 368 116                           (1)
                                                 273 717                           (2)

 TOTAL RAND VALUE OF SECURITIES                  R887 159.56                       (1)
 TRANSACTED                                      R659 657.97                       (2)

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial                (1) – (2)
 THE TRANSACTIONS

2.
 NAME OF DIRECTOR                               G Wege

 COMPANY OF WHICH A DIRECTOR                    Deneb Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                Executive

 TYPE AND CLASS OF SECURITIES                   Ordinary shares

 NATURE OF TRANSACTION                          Sale of ordinary shares (off-market)

 DATE OF TRANSACTION                            5 February 2019

 CENTS PER SHARE                                250 cents

 NUMBER OF SECURITIES TRANSACTED                530 000

 TOTAL RAND VALUE OF SECURITIES                 R1 325 000.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN               Direct, beneficial
 THE TRANSACTION


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
6 February 2019

Sponsor
PSG Capital

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