Exercise Of Options By Director In Terms Of The Deneb Long Term Incentive Scheme
Exercise Of Options By Director 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 DIRECTOR IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR D Duncan COMPANY OF WHICH A DIRECTOR Deneb STATUS: EXECUTIVE/NON-EXECUTIVE Non-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: (1) 2015 at an adjusted strike price of 172 cents per share (off-market) (2) 2015 at an adjusted strike price of 166 cents per shares (off-market) (3) 2016 at an adjusted strike price of 141 cents per share (off-market) (4) 2017 at an adjusted strike price of 136 cents per share (off-market) The above options were granted and accepted by Mr Duncan whilst he was still the group chief operating officer and an executive director of Deneb. DATE OF TRANSACTION 27 September 2021 CENTS PER SHARE 175 cents NUMBER OF SECURITIES TRANSACTED 491,568 TOTAL RAND VALUE OF SECURITIES R860 244.00 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 29 September 2021 Sponsor PSG Capital Date: 29-09-2021 03:45:00 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.