NAMIBIA ASSET MANAGEMENT LTD ("NAM") Registration No. 97/397

Registered in Namibia ISIN Code: NA000AOJMZ44 NSX Share Code: NAM

ACCEPTANCE OF AWARDS BY A DIRECTOR IN TERMS OF THE ORBAN STREET TRUST

In compliance

with

paragraphs

3.63

and 3.65 of

the

Listings

Requirements

of the

Namibian

Stock

Exchange,

the

following

transaction in respect of the direct award of NAM´s shares to a director of the Company is disclosed:

NAME OF DIRECTOR:

Mr Bullé Uisso

COMPANY OF WHICH A DIRECTOR:

Namibian LimitedAssetManagement

STATUS:

Executive

TYPE AND CLASS OF SECURITIES:

Ordinary shares

NATURE OF TRANSACTION:

Off-market acceptance of awards

DATE OF ACCEPTANCE OF AWARDS:

31 March 2022

DATE OF AWARDS:

25 March 2022

DEEMED VALUE PER SHARE (CENTS):

66

MARKET VALUE PER SHARES (CENTS):

66

NUMBER OF AWARDS ACCEPTED:

3 627 500

TOTAL DEEMED NAMIBIA DOLLAR VALUE OF AWARDS:

N$2 394 150

VESTING DATE OF AWARDS:

In equal tranches over a period of 3 years starting no later than 1 April 2027

NATURE AND EXTENT OF INTEREST IN THE TRANSACTION:

Direct, beneficial

ement

In equal tranches over a period starting no later than

By order of the Board

A Pillay

Chairman

04 April 2022

SPONSOR

IJG Securities (Pty) Ltd; Member of the NSX; 4th Floor, 1@Steps, c/o Grove and Chasie Streets, Kleine Kuppe, Windhoek, Namibia

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Namibia Asset Management Ltd. published this content on 04 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 14:56:07 UTC.