IMPALA PLATINUM HOLDINGS LIMITED IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648 ADR code: IMPUY
("Implats")
DEALINGS IN SECURITIES
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given of the following dealings by the company secretary, directors and prescribed officers of Implats, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
The transactions below were pursuant to a deferral of vesting for purposes of the Minimum Shareholding Requirement (MSR), vesting of the Conditional Share Plan (CSP) and Share Appreciation Rights (SAR) awards in the Company's Long Term Incentive Plan (LTIP) and the applicable subsequent sales which took place on market. The election of certain executives to commit the CSP and SAR awards towards the MSR took place before the vesting date. To this end, the vesting of the CSP shares and SARs for these executives has been deferred to 1 January 2025 as per the Rules of the Implats MSR Policy.
Name: | GS Potgieter |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of interest: | Direct Beneficial |
Number of shares deferred and | |
committed towards the MSR: | 61 627 |
Number of shares sold: | 0 |
The participant has elected to commit these shares towards the MSR and to defer vesting of the CSP and SAR awards to 1 January 2025.
Name: | J Theron |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 38 501 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R6 200 177.94 |
Name: | TT Llale |
Designation: | Company Secretary |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 19 292 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R3 106 772.10 |
Name: | V Nhlapo |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 40 002 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R6 441 898.08 |
Name: | SE Sibiya |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 13 171 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R2 121 049.94 |
In addition, the participant has elected to commit 6 000 shares towards the MSR and to defer vesting of the CSP and SAR awards to 1 January 2025.
Name: | L Samuel |
Designation: | Executive Director |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 15 708 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R2 529 606.90 |
In addition, the participant has elected to commit 22 520 shares towards the MSR and to defer vesting of the CSP and SAR awards to 1 January 2025.
The participant further elected to retain 17 929 shares and the shares that have been sold are to cover the taxes due on the portion of the shares that have vested.
Name: | JC Andrews |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 16 598 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R2 672 931.96 |
The participant elected to retain 19 098 shares and the shares that have been sold are to cover the taxes due on the portion of the shares that have vested.
Name: | NJ Muller |
Designation: | Chief Executive Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP CSP |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 96 943 |
VWAP on day of vesting: | R161.0394 |
Sale price per share: | R161.0394 |
Lowest price per share: | R157.7700 |
Highest price per share: | R171.0000 |
Value of transaction: | R15 611 642.55 |
The participant elected to retain 110 648 shares and the shares that have been sold are to cover the taxes due on the portion of the shares that have vested.
Name: | A Mhembere |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP 2012 |
Conditional Share Plan | |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 93 653 |
Sale price per share: | R167.0702 |
Value of transaction: | R15 646 625.44 |
Cash settled at vesting - No market trade
Name: | TT Llale |
Designation: | Company Secretary |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP SAR |
Scheme | |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 11 640 |
Sale price per share: | R161.0394 |
Value of shares: | R1 874 498.62 |
Name: | SE Sibiya |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP SAR |
Scheme | |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
Number of shares vested and | |
shares sold: | 11 580 |
Sale price per share: | R161.0394 |
Value of shares: | R1 864 836.25 |
Name: | V Nhlapo |
Designation: | Prescribed Officer |
Company: | Impala Platinum Holdings Limited |
Class of shares: | Ordinary shares of no par value |
Nature of transaction: | On market sale of vested shares in terms of the LTIP SAR |
Scheme | |
Nature of interest: | Direct Beneficial |
Date of transaction: | 25 November 2020 |
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Impala Platinum Holdings Limited published this content on 02 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2020 11:56:02 UTC
