Dealing in securities by executive directors, prescribed officers and company secretary: deferred share awards
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed:
Johannesburg, 24 October 2022. In line with the provisions of the 2018 Harmony Deferred Share Plan, executive directors, prescribed officers and the company secretary of Harmony were awarded deferred shares on 19 September 2022 based on the 5-day volume weighted average price of R37.60 per ordinary share and accepted these awards on 20 October 2022.
The following transactions are disclosed in relation to the deferred share awards:
| 1. | Name of director: | PW Steenkamp (Chief Executive Officer) |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 149 043 | |
| Total value of shares awarded: | R5 604 016.80 | |
| Nature and extent of director’s interest: | Direct beneficial | |
| 2. | Name of director: | B Lekubo (Financial Director) |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 91 617 | |
| Total value of shares awarded: | R3 444 799.20 | |
| Nature and extent of director’s interest: | Direct beneficial | |
| 3. | Name of director: | HE Mashego (Executive Director) |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 71 884 | |
| Total value of shares awarded: | R2 702 838.40 | |
| Nature and extent of director’s interest: | Direct beneficial | |
| 4. | Name of prescribed officer: | AZ Buthelezi |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 62 465 | |
| Total value of shares awarded: | R2 348.684.00 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 5. | Name of prescribed officer: | M Naidoo-Vermaak |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 67 655 | |
| Total value of shares awarded: | R2 543 828.00 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 6. | Name of prescribed officer: | BB Nel |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 70 925 | |
| Total value of shares awarded: | R2 666 780.00 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 7. | Name of prescribed officer: | MP van der Walt |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 61 909 | |
| Total value of shares awarded: | R2 327 778.40 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 8. | Name of prescribed officer: | JJ van Heerden |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a five year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 78 895 | |
| Total value of shares awarded: | R2 966 452.00 | |
| Nature and extent of prescribed officer’s interest: | Direct beneficial | |
| 9. | Name of company secretary: | SS Mohatla |
| Nature of transaction: | Off market award of deferred shares | |
| Periods of vesting: | Deferred shares vest in equal tranches over a three year period | |
| Class of securities: | Deferred ordinary shares | |
| Number of deferred shares awarded: | 33 451 | |
| Total value of shares awarded: | R1 257 757.60 | |
| Nature and extent of company secretary’s interest: | Direct beneficial |
Prior clearance was obtained in respect of the above dealings by the executive directors, prescribed officers and company secretary.
For more details contact:
Jared Coetzer
Head of Investor Relations
+27 (0) 82 746 4120
Johannesburg, South Africa
24 October 2022
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited