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

CORONATION FUND MANAGERS LIMITED - Acceptance of units by directors and the company secretary in terms of the Imbewu Trust

Release Date: 28/03/2025 12:00
Code(s): CML     PDF:  
Wrap Text
Acceptance of units by directors and the company secretary in terms of the Imbewu Trust

CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06)
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A294E6FF77
("Coronation" or "the Company")


ACCEPTANCE OF UNITS BY DIRECTORS AND THE COMPANY SECRETARY IN TERMS
OF THE IMBEWU TRUST (BEING THE EMPLOYEE SHARE OWNERSHIP PLAN)


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of allocations of units by participants of the
Imbewu Trust is disclosed:


 1.
 NAME OF DIRECTOR                                Mr Anton Pillay

 COMPANY OF WHICH A DIRECTOR                     Coronation Fund Managers Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Units in the Imbewu Trust (each unit being
                                                 linked to 1 Coronation ordinary share on
                                                 the date of award)

 NATURE OF TRANSACTION                           Acceptance of a general allocation of
                                                 units to participants of the Imbewu Trust
                                                 in terms of the Imbewu Trust Deed (off-
                                                 market transaction)

 DATE OF ACCEPTANCE OF UNITS                     28 March 2025

 NUMBER OF UNITS                                 48 419

 DEEMED VALUE PER UNIT (CENTS)                   3 920c

 TOTAL DEEMED RAND VALUE OF UNITS                R1 898 024.80

 VESTING DATE OF UNITS IN TERMS OF               16 139 on 29 February 2028
 ALLOCATION                                      16 140 on 28 February 2029
                                                 16 140 on 28 February 2030

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION



 2.
 NAME OF DIRECTOR                                Ms Mary-Anne Musekiwa

 COMPANY OF WHICH A DIRECTOR                     Coronation Fund Managers Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Units in the Imbewu Trust (each unit being
                                                 linked to 1 Coronation ordinary share on
                                                 the date of award)

 NATURE OF TRANSACTIONS                          Acceptance of general and specific
                                                 allocations of units to participants of the
                                                 Imbewu Trust in terms of the Imbewu
                                                 Trust Deed (off-market transactions)

 DATE OF ACCEPTANCE OF UNITS                     28 March 2025

 NUMBER OF UNITS                                 708 419

 DEEMED VALUE PER UNIT (CENTS)                   3 920c

 TOTAL DEEMED RAND VALUE OF UNITS                R27 770 024.80

 VESTING DATE OF UNITS IN TERMS OF               16 139 on 29 February 2028
 ALLOCATIONS                                     16 140 on 28 February 2029
                                                 16 140 on 28 February 2030
                                                 99 000 on 29 February 2032
                                                 99 000 on 28 February 2033
                                                 99 000 on 28 February 2034
                                                 363 000 on 28 February 2035


 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTIONS



 3.
 NAME OF COMPANY SECRETARY                       Ms Nazrana Hawa

 COMPANY OF WHICH THE COMPANY                    Coronation Fund Managers Limited
 SECRETARY

 TYPE AND CLASS OF SECURITIES                    Units in the Imbewu Trust (each unit being
                                                 linked to 1 Coronation ordinary share on
                                                 the date of award)

 NATURE OF TRANSACTIONS                          Acceptance of general and specific
                                                 allocations of units to participants of the
                                                 Imbewu Trust in terms of the Imbewu
                                                 Trust Deed (off-market transactions)

 DATE OF ACCEPTANCE OF UNITS                     28 March 2025

 NUMBER OF UNITS                                 268 419
 
 DEEMED VALUE PER UNIT (CENTS)                   3 920c



 TOTAL DEEMED RAND VALUE OF UNITS                R10 522 024.80

 VESTING DATE OF UNITS IN TERMS OF               16 139 on 29 February 2028
 ALLOCATIONS                                     16 140 on 28 February 2029
                                                 16 140 on 28 February 2030
                                                 33 000 on 29 February 2032
                                                 33 000 on 28 February 2033
                                                 33 000 on 28 February 2034
                                                 121 000 on 28 February 2035


 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTIONS

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

Cape Town
28 March 2025

Sponsor
Valeo Capital (Pty) Ltd

Date: 28-03-2025 12:00:00
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.