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MOTUS:  10,000   0 (0.00%)  01/01/1970 00:00

MOTUS HOLDINGS LIMITED - Acceptance of Conditional Awards Under Motus Holdings Conditional Share Plan (CSP) Scheme

Release Date: 16/09/2021 17:40
Code(s): MTH     PDF:  
Wrap Text
Acceptance of Conditional Awards Under Motus Holdings Conditional Share Plan (CSP) Scheme

Motus Holdings Limited

Incorporated in the Republic of South Africa

(Registration number: 2017/451730/06)

ISIN: ZAE000261913

Share code: MTH

("Motus")


ACCEPTANCE OF CONDITIONAL AWARDS UNDER MOTUS HOLDINGS CONDITIONAL SHARE PLAN (CSP) SCHEME


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

Motus has allocated Conditional Awards to its executive directors, prescribed officers and
company secretary, in accordance with the Motus Conditional Share Plan (CSP) in respect
of the 2021 financial year as set out below. The acceptance thereof occurred on
16 September 2021.

The vesting of the Conditional Awards, which occurs after three years i.e. no later than 15
September 2024 (and in certain instances in four years), is subject to the achievement of
certain performance conditions as determined by the board of directors. These
performance conditions will be measured over a three-year period commencing on 1 July
2021 and ending on 30 June 2024, save where otherwise specified. These Conditional
Awards will be issued at the 31-day VWAP as at 31 May 2021 of R91.82 (“Deemed Price”)
per share. Additional details of the transactions are disclosed as follows:

Three-year vesting
Name:                    OS Arbee
Position:                Executive Director
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        169 752
Total deemed value:      R15 586 628.64
Nature of interest:      Direct beneficial

Name:                    OJ Janse van Rensburg
Position:                Executive Director
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        90 757
Total deemed value:      R8 333 307.74
Nature of interest:      Direct beneficial

Name:                    KA Cassel
Position:                Executive Director
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        56 088
Total deemed value:      R5 150 000.16
Nature of interest:      Direct beneficial

Name:                    NW Lynch
Position:                Prescribed Officer
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        29 042
Total deemed value:      R2 666 636.44
Nature of interest:      Direct beneficial

Name:                    C Venter
Position:                Prescribed Officer
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        33 689
Total deemed value:      R3 093 323.98
Nature of interest:      Direct beneficial

Name:                    NE Simelane
Position:                Company Secretary
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        15 247
Total deemed value:      R1 399 979.54
Nature of interest:      Direct beneficial

Four-year vesting
Name:                    NW Lynch
Position:                Prescribed Officer
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        11 617
Total deemed value:      R1 066 672.94
Nature of interest:      Direct beneficial

Name:                    C Venter
Position:                Prescribed Officer
Nature of transaction:   Acceptance of Conditional Award in terms of the Motus CSP
                         Scheme
Date of transaction:     16 September 2021
Class of securities:     Ordinary shares of no par value
Number of shares:        13 476
Total deemed value:      R1 237 366.32
Nature of interest:      Direct beneficial

The abovementioned transactions were all done off-market and the prerequisite clearance
has been received in respect of the above transactions.


Johannesburg
16 September 2021

Sponsor
Merchantec Capital

Date: 16-09-2021 05:40:00
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