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LONG4LIFE LIMITED - Acceptance of Forfeitable Shares in terms of the Long4life Forfeitable Share Plan (FSP)

Release Date: 22/07/2020 10:45
Code(s): L4L     PDF:  
Wrap Text
Acceptance of Forfeitable Shares in terms of the Long4life Forfeitable Share Plan (“FSP”)

LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2016/216015/06)
Share code: L4L ISIN: ZAE000243119
("Long4Life" or “the Company”)


ACCEPTANCE OF FORFEITABLE SHARES IN TERMS OF THE LONG4LIFE FORFEITABLE
SHARE PLAN (“FSP”)

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited,
notification is hereby given that the following directors of the Company and major subsidiaries have
been awarded and have accepted forfeitable share awards in terms of the Long4Life FSP.

The forfeitable share awards (“Awards”) are subject to retention and performance conditions and vest
in accordance with the rules of the FSP.

Name of director:                   B Joffe
Company:                            Long4Life
Nature of transaction:              Award and acceptance of 800 000 Long4Life shares in terms
                                    of and subject to the rules of the Long4Life FSP for no
                                    consideration
Date of transaction:                21 July 2020
Class:                              Ordinary shares
Transaction value:                  R2,4million (based on the indicative value of R3.00 per
                                    Long4Life share)
Nature of interest:                 Direct beneficial


Name of director:                   M Levenstein
Company:                            Long4Life
Nature of transaction               Award and acceptance of 600 000 Long4Life shares in terms
                                    of and subject to the rules of the Long4Life FSP for no
                                    consideration
Date of transaction:                21 July 2020
Class:                              Ordinary shares
Transaction value:                  R1,8 million (based on the indicative value of R3.00 per
                                    Long4Life share)
Nature of interest:                 Direct beneficial


Name of director:                   C Datnow
Company:                            Long4Life
Nature of transaction:              Award and acceptance of 600 000 Long4Life shares in terms
                                    of and subject to the rules of the Long4Life FSP for no
                                    consideration
Date of transaction:                21 July 2020
Class:                              Ordinary shares
Transaction value:                  R1,8 million (based on the indicative value of R3.00 per
                                    Long4Life share)
Nature of interest:                 Direct beneficial


Name of director:                   B Moritz
Company:                            Holdsport Proprietary Limited
Nature of transaction:              Award and acceptance of 770 500 Long4Life shares in terms
                                    of and subject to the rules of the Long4Life FSP for no
                                    consideration
Date of transaction:                21 July 2020
Class:                              Ordinary shares
Transaction value:                  R2 311 500 (based on the indicative value of R3.00 per
                                    Long4Life share)
Nature of interest:                 Direct beneficial


Name of director:                   J Steyn
Company:                            Chill Holdings Proprietary Limited
Nature of transaction:              Award and acceptance of 300 000 Long4Life shares in terms
                                    of and subject to the rules of the Long4Life FSP for no
                                    consideration
Date of transaction:                21 July 2020
Class:                              Ordinary shares
Transaction value:                  R900 000 (based on the indicative value of R3.00 per
                                    Long4Life share)
Nature of interest:                 Direct beneficial


The abovementioned transactions are off-market transactions and the pre-requisite clearances were
obtained.

Johannesburg
22 July 2020

Sponsor: The Standard Bank of South Africa Limited

Date: 22-07-2020 10:45:00
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