Dealing in Company Securities pursuant to Share Incentive Schemes
Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE 000022653
(“Spur Corporation”, “the Company” or “Group”)
DEALING IN COMPANY’S SECURITIES PURSUANT TO SHARE INCENTIVE SCHEMES
Bonus Matching Forfeitable Shares (“BMFS”) granted in accordance with Restricted Share
Plan 2020 (“2020 RSP”) Scheme
In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following equity-settled BMFS were granted to the executive directors and company
secretary of the Company (“Participants”) in accordance with the 2020 RSP Scheme and the
Company’s short-term incentive scheme applicable to the Company’s financial year ended 30 June
2022 (“2022 STI”).
Participants of the STI were awarded fully paid-for Spur Corporation shares (being the BMFS)
equivalent in value to a certain percentage of the bonus payable in terms of the 2022 STI. The BMFS
were allocated to the Participants on 15 September 2022 and are subject to the 2020 RSP Scheme
rules.
Name: Valentine Nichas
Designation: Executive Director
Number of BMFS awarded: 28 065
Consideration: Nil
Value of BMFS R630 073 (refer below)
On market/off market: Off market
Prior permission to deal: Obtained
Vesting Date: 16 August 2025 (refer below)
Nature of interest: Direct beneficial (refer below)
Name: Cristina Teixeira
Designation: Executive Director
Number of BMFS awarded: 23 387
Consideration: Nil
Value of BMFS R525 050 (refer below)
On market/off market: Off market
Prior permission to deal: Obtained
Vesting Date: 16 August 2025 (refer below)
Nature of interest: Direct beneficial (refer below)
Name: Kevin Robertson
Designation: Executive Director
Number of BMFS awarded: 17 812
Consideration: Nil
Value of BMFS R399 888 (refer below)
On market/off market: Off market
Prior permission to deal: Obtained
Vesting Date: 16 August 2025 (refer below)
Nature of interest: Direct beneficial (refer below)
Name: Donfrey Meyer
Designation: Company Secretary
Number of BMFS awarded: 3 294
Consideration: Nil
Value of BMFS R73 952 (refer below)
On market/off market: Off market
Prior permission to deal: Obtained
Vesting Date: 16 August 2025 (refer below)
Nature of interest: Direct beneficial (refer below)
The value of the BMFS is the actual cost of the Company’s shares acquired by a wholly-owned
subsidiary of the Company during the period from 25 August 2022 to 13 September 2022 for the specific
purpose of settling the Company’s obligation in this regard.
The BMFS are subject to a three-year employment condition (“Vesting Period”) terminating on 16
August 2025 (“Vesting Date”) in terms of which the Participants will only become unconditionally entitled
to the BMFS on the Vesting date, provided that they remain full-time gainfully employed by the Group
for the duration of the Vesting Period. The BMFS are held in escrow on behalf of the Participants for
the duration of the Vesting Period. During the Vesting Period, the Participants will enjoy the benefits of
full direct beneficial ownership of the shares (including voting rights and the right to dividends), other
than being able to trade in the shares.
Cape Town
16 September 2022
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 16-09-2022 01:00:00
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