MERAFE RESOURCES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/003452/06) Share Code: MRF
ISIN: ZAE000060000
("Merafe" or the "Company")
DEALING IN SECURITIES BY A DIRECTOR OF MERAFE
In compliance with paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE Limited, the following information is provided:
Vesting of shares in terms of the Share Incentive Scheme ("Scheme")
In terms of the Scheme, the following grant shares vested on 6 August 2022. The Company has the right, at its election, either to issue new Merafe ordinary shares or settle in cash. The Company has opted to settle the respective grant shares in cash.
Name of director: | Ditabe Chocho (Financial Director of the |
Company) | |
Date of transaction: | 6 August 2022 |
Class of security: | Ordinary shares |
Nature of transaction: | Vesting of shares in terms of the Scheme |
Number of shares vested: | 104 167 |
Issue price per share: | Nil |
Strike price per share: | R1.44 |
Total value of transaction: | R150 000 |
Transaction completed: | Off market |
Nature and extent of director's interest in the | Direct beneficial |
transaction: | |
Clearance obtained: | Yes |
Sandton | |
10 August 2022 | |
Sponsor | |
One Capital |
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Merafe Resources Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 06:55:02 UTC.