To view the PDF file, sign up for a MySharenet subscription.

DENEB INVESTMENTS LIMITED - Exercise Of Options By Directors In Terms Of The Deneb Long Term Incentive Scheme

Release Date: 25/02/2019 15:35
Code(s): DNB     PDF:  
 
Wrap Text
Exercise Of Options By Directors In Terms Of The Deneb Long Term Incentive 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”)

EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME

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

1.
NAME OF DIRECTOR                                S A Queen

COMPANY OF WHICH A DIRECTOR                     Deneb Investments Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares
                                                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)

DATE OF TRANSACTION                             22 February 2019

CENTS PER SHARE                                 240 cents

NUMBER OF SECURITIES TRANSACTED                 881,397

TOTAL RAND VALUE OF SECURITIES                  R2,115,352.80
TRANSACTED

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

2.
NAME OF DIRECTOR                                D Duncan

COMPANY OF WHICH A DIRECTOR                     Deneb Investments Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares
                                                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)

DATE OF TRANSACTION                             22 February 2019

CENTS PER SHARE                                 240 cents

NUMBER OF SECURITIES TRANSACTED                 257,074
 
TOTAL RAND VALUE OF SECURITIES                  R616,977.60
TRANSACTED

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

3.
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                           Delivery of ordinary shares
                                                through the exercise of Deneb
                                                Long Term Incentive Scheme
                                                options granted and accepted
                                                in 2014 at an adjusted strike
                                                price of 175 cents strike price
                                                (off-market)

DATE OF TRANSACTION                             22 February 2019

CENTS PER SHARE                                 240 cents

NUMBER OF SECURITIES TRANSACTED                 234,383

TOTAL RAND VALUE OF SECURITIES                  R562,519.20
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
25 February 2019

Sponsor
PSG Capital

Date: 25/02/2019 03:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story