ACQUISITION OF HCI SHARES BY DIRECTORS PURSUANT TO THE EXERCISE AND NET SETTLEMENT OF SHARE OPTIONS
- February 27, 2017
- Posted by: admin
- Category: Uncategorized
In compliance with Rules 3.63 – 3.74 of the JSE Limited Listing Requirements the following information regarding the off-market acquisition
of HCI shares by directors pursuant to the exercise and net settlement of share options previously granted in terms of the HCI Employee Share Scheme
is disclosed:
Director : Mr J A Copelyn
Designation : Chief Executive Officer
Nature of transaction : Off market acquisition of HCI
shares pursuant to the exercise
and net settlement of HCI share
options previously granted
Nature of interest : Direct beneficial
Class of securities : Ordinary shares
Date of acquisition : 27 February 2017
Number of shares : 21 200
Purchase price per share : R134.10
Total value of transaction : R2 842 920
Clearance : Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained.
Director : Mr T G Govender
Designation : Financial Director
Nature of transaction : Off market acquisition of HCI
shares pursuant to the exercise
and net settlement of HCI share
options previously granted
Nature of interest : Direct beneficial
Class of securities : Ordinary shares
Date of acquisition : 27 February 2017
Number of shares : 14 251
Purchase price per share : R134.10
Total value of transaction : R1 911 059.10
Clearance : Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained.