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SPURCORP:  3,500   0 (0.00%)  21/11/2024 19:14

SPUR CORPORATION LIMITED - Dealing in Securities pursuant to Long-term Incentive Scheme

Release Date: 21/11/2024 16:37
Code(s): SUR     PDF:  
Wrap Text
Dealing in Securities pursuant to Long-term Incentive Scheme

Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE000022653
("Spur Corporation" or "the Company")


DEALING IN SECURITIES PURSUANT TO LONG-TERM SHARE INCENTIVE SCHEMES

Share Appreciation Rights ("SARs") exercised in accordance with the 2020 SAR Scheme

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, details of the following trades relating to equity-settled SARs previously awarded to the
Company Secretary on 7 October 2021 ("Award Date") and vested on 7 October 2024 ("Vesting Date)
(as announced on SENS on 8 October 2024), and exercised on 11 November 2024 ("Exercise Date")
should be noted:

Name:                                            Donfrey Meyer
Designation:                                     Company Secretary
Nature of transaction                            Exercise, sale and retention of Spur Shares in terms
                                                 of 2020 SARs
Number of shares acquired                        4452
Purchase price per share                         R34.79
Value of purchase transaction                    R154,902.70
Number of shares sold                            4052
Sale price per share:                            R34.54
Value of sales transaction                       R139,944.33
Number of shares retained                        400
Exercise/trade date:                             11 November 2024
On/off market:                                   On market
Prior permission to deal:                        Obtained
Nature of interest:                              Direct beneficial

In terms of the Malus and Clawback Policy, clawback provisions will apply to the resulting shares for a
period of three years following the Exercise Date.

Cape Town
21 November 2024

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 21-11-2024 04:37:00
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