Dealings in securities
Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
A2X share code: SLM
ISIN: ZAE000070660
(“Sanlam”)
Sanlam Life Insurance Limited
Incorporated in the Republic of South Africa)
Registration number 1998/021121/06
Bond issuer code: BISLI
(“Sanlam Life”)
Directors and prescribed officers’ dealings in Sanlam securities
In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealings by executive directors and prescribed
officers in Sanlam securities:
Name: AM Mukhuba
Designation: Executive Director
Date of transaction: 8 September 2023
Total number of shares: 54 864
Total transaction value: R nil (Conditional value of R3 771 900.00 based
on closing price of R68.75 per share on 8
September 2023)
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares due for
delivery or release under the
Deferred/Performance Share Plans to the
Sanlam Minimum Shareholder Requirement Plan
(MSRP) following the pledge of these shares to
the Sanlam MSRP
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: L Mahlangeni
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Total number of shares: 42 597
Total transaction value: R nil (Conditional value of R2 928 543.75 based
on closing price of R68.75 per share on 8
September 2023)
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares due for
delivery or release under the
Deferred/Performance Share Plans to the
Sanlam Minimum Shareholder Requirement Plan
(MSRP) following the pledge of these shares to
the Sanlam MSRP
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: S Bray
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Total number of shares: 15 355
Total transaction value: R nil (Conditional value of R1 055 656.25 based
on closing price of R68.75 per share on 8
September 2023)
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Transfer of Sanlam ordinary shares due for
delivery or release under the
Deferred/Performance Share Plans to the
Sanlam Minimum Shareholder Requirement Plan
(MSRP) following the pledge of these shares to
the Sanlam MSRP
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: K Socikwa
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Total number of shares: 27 494
Market value per share: R67.80
Total deemed value: R1 864 093.20
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares under
Deferred and Performance Share Plans
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: K Socikwa
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Market value per share: R67.80
Total number of shares: 12 482
Total transaction value: R846 279.60
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Sale of Sanlam ordinary shares under Deferred
and Performance Share Plans to meet income
tax obligations on vesting of shares and diversify
investment portfolio
On market/Off market trade: On market
Prior authority to transact obtained: Yes
Name: K Mkhize
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Total number of shares: 32 916
Market value per share: R67.80
Total deemed value: R2 231 704.80
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares under
Deferred and Performance Share Plans
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: K Mkhize
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Market value per share: R67.80
Total number of shares: 32 916
Total transaction value: R2 231 704.80
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Sale of Sanlam ordinary shares under Deferred
and Performance Share Plans to meet income
tax obligations on vesting of shares and diversify
investment portfolio
On market/Off market trade: On market
Prior authority to transact obtained: Yes
Name: C Roothman
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Total number of shares: 28 721
Market value per share: R67.80
Total deemed value: R1 947 283.80
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Delivery of Sanlam ordinary shares under
Deferred and Performance Share Plans
On market/Off market trade: Off market
Prior authority to transact obtained: Yes
Name: C Roothman
Designation: Prescribed Officer
Date of transaction: 8 September 2023
Market value per share: R67.80
Total number of shares: 28 721
Total transaction value: R1 947 283.80
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Sale of Sanlam ordinary shares under Deferred
and Performance Share Plans to meet income
tax obligations on vesting of shares and diversify
investment portfolio
On market/Off market trade: On market
Prior authority to transact obtained: Yes
Name: H Werth
Designation: Executive Director
Date of transaction: 8 September 2023
Total number of shares: 157 083
Nature of transaction: Acceptance of a conditional undertaking under
the Performance Deferred Share Plan to receive
fully paid-up shares in future should certain pre-
determined performance hurdles be met over the
period 01 June 2023 until 01 June 2028
On Market/Off market trade: Off market
Market Value per share: R nil
Total transaction value: R nil (Conditional value of R10 799 456.25
based on closing price of R68.75 per share on 8
September 2023)
Nature and extent of the director’s interest
in the transaction: Direct beneficial
Prior authority to transact obtained: Yes
Bellville
12 September 2023
Sponsor
The Standard Bank of South Africa Limited
Debt Sponsor to Sanlam Life Insurance Limited
Absa Bank Limited, acting through its Corporate and Investment Banking division
Date: 12-09-2023 05:00:00
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