AI assistant
Sending…
REMGRO LIMITED — Director's Dealing 2026
Apr 10, 2026
48802_rns_2026-04-10_87de2275-8c48-484c-89ee-d0cfab374e1e.pdf
Director's Dealing
Open in viewerOpens in your device viewer
Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
(ISIN: ZAE000026480)
(JSE and A2X Share code: REM)
("Remgro" or "the Company")
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, PRESCRIBED OFFICERS AND THE COMPANY SECRETARY
In compliance with paragraphs 6.77 to 6.80 of the JSE Limited Listings Requirements, the following information is disclosed.
The Executive Directors and Prescribed Officers of Remgro have traded the first tranche of the 2022 ordinary shares with performance conditions under the Conditional Share Plan ("Performance CSPs"), the second tranche of the 2021 Performance CSP's as well as the third tranche of the 2020 Performance CSPs, awarded on 5 December 2022, 5 December 2021 and 5 December 2020, respectively, which vested on 5 December 2025. In addition, previously vested Performance Share Appreciation Rights ("SARs") were exercised.
The Company Secretary of Remgro has traded the first tranche of the 2022 Retention Conditional Share Plan Awards ("Retention CSPs"), the second tranche of the 2021 Retention CSPs and the third tranche of the 2020 Retention CSPs, allocated on 5 December 2022, 5 December 2021 and 5 December 2020, which vested on 5 December 2025.
The vesting of the awards was subject to the satisfaction of the Performance Conditions, where applicable, and the Employment Conditions as determined by the Remuneration and Nomination Committee. The Performance Conditions comprise the achievement of certain Company financial measures, which include Growth in Intrinsic Net Asset Value, Growth in Free Cash Flow at the Centre, Environmental, Social & Governance measures, as well as non-financial Individual Performance Conditions.
- Dealings in securities by Executive Directors and Prescribed Officers
| Director | : | Mr J J Durand |
|---|---|---|
| Company | : | Remgro Limited |
| Nature of transactions | : | Off-market vesting of Performance CSPs and the subsequent on-market sale of shares. |
| Date of award | : | 5 December 2020 |
| Vesting period | : | 5 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 73% |
| Annual number of vested awards | : | 64 145 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R12 062 467.25 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 64 145 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R12 281 201.70 |
| Date of award | : | 5 December 2021 |
|---|---|---|
| Vesting period | : | 4 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 89.02% |
| Annual number of vested awards | : | 59 839 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R11 252 723.95 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 59 839 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R11 456 774.94 |
| Date of award | : | 5 December 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 83.7% |
| Annual number of vested awards | : | 51 722 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R9 726 322.10 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 51 722 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R9 902 694.12 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
| Director | : | Mr N J Williams |
| --- | --- | --- |
| Company | : | Remgro Limited |
| Nature of transactions | : | Off-market vesting of Performance CSPs and the subsequent on-market sale of a portion of the shares to settle the tax liability. |
| Date of award | : | 5 December 2020 |
| Vesting period | : | 5 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 73% |
| Annual number of vested awards | : | 19 650 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R 3 695 182.50 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 9 070 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R190.31 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R1 726 111.70 |
| Number of vested shares transferred | 10 580 | |
| Date of award | : | 5 December 2021 |
|---|---|---|
| Vesting period | : | 4 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 89.02% |
| Annual number of vested awards | : | 18 335 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R3 447 896.75 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 8 466 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R190.31 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R1 611 164.46 |
| Number of vested shares transferred | 9 869 | |
| Date of award | : | 5 December 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 83.7% |
| Annual number of vested awards | : | 17 613 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R3 312 124.65 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 17 613 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R3 372 184.98 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
| Director | : | Ms M Lubbe |
| --- | --- | --- |
| Company | : | Remgro Limited |
| Nature of transactions | : | Off-market vesting of Performance CSPs and the subsequent on-market sale of a portion of the shares to settle the tax liability. Off-market exercise of Performance SARs and the subsequent on-market sale of resultant shares. |
| Date of award | : | 5 December 2020 |
| Vesting period | : | 5 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 73% |
| Annual number of vested awards | : | 12 657 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R 2 380 148.85 |
| Date of sale of shares | : | 8 April 2026 |
| Number of shares sold | : | 5 449 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R197.48 |
| Highest sale price | : | R198.47 |
| Lowest sale price | : | R195.82 |
|---|---|---|
| Total value of transaction | : | R1 076 068.52 |
| Number of vested shares transferred | 7 208 | |
| Date of award | : | 5 December 2021 |
| Vesting period | : | 4 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 89.02% |
| Annual number of vested awards | : | 11 813 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R2 221 434.65 |
| Date of sale of shares | : | 8 April 2026 |
| Number of shares sold | : | 5 085 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R197.48 |
| Highest sale price | : | R198.47 |
| Lowest sale price | : | R195.82 |
| Total value of transaction | : | R1 004 185.80 |
| Number of vested shares transferred | 6 728 | |
| Date of award | : | 5 December 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 83.7% |
| Annual number of vested awards | : | 11 351 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R2 134 555.55 |
| Date of sale of shares | : | 8 April 2026 |
| Number of shares sold | : | 4 885 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R197.48 |
| Highest sale price | : | R198.47 |
| Lowest sale price | : | R195.82 |
| Total value of transaction | : | R964 689.80 |
| Number of vested shares transferred | 6 466 | |
| Date of award | : | 5 December 2020 |
| Percentage of awards vested | : | 71% |
| Date of exercise of Performance SARs | : | 7 April 2026 |
| Number and offer price of Performance SARs exercised | : | 9 249 @ R86.17 |
| Exercise price | : | R188.05 |
| Total growth value of exercise | : | R942 318.55 |
| Number of resultant shares received in respect of Performance SARs exercised | : | 5 011 |
| Date of sale of shares | : | 8 April 2026 |
| Number of shares sold | : | 5 011 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R196.69 |
| Highest sale price | : | R198.47 |
| Lowest sale price | : | R195.82 |
| Total value of transaction | : | R985 613.59 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
| Prescribed officer | : | Mr P R Louw |
|---|---|---|
| Company | : | Remgro Limited |
| Nature of transactions | : | Off-market vesting of Performance CSPs and the subsequent on-market sale of a portion of the shares to settle the tax liability. Off-market exercise of Performance SARs and the subsequent on-market sale of a portion of the resultant shares to settle the tax liability. |
| Date of award | : | 5 December 2020 |
| Vesting period | : | 5 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 73% |
| Annual number of vested awards | : | 12 657 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R 2 380 148.85 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 5 696 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R190.26 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R1 083 720.96 |
| Number of vested shares transferred | 6 961 | |
| Date of award | : | 5 December 2021 |
| Vesting period | : | 4 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 89.02% |
| Annual number of vested awards | : | 11 813 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R2 221 434.65 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 5 456 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R190.31 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R1 038 331.36 |
| Number of vested shares transferred | 6 357 | |
| Date of award | : | 5 December 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Percentage of award vested | : | 83.7% |
| Annual number of vested awards | : | 11 351 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R2 134 555.55 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 5 108 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R190.26 |
- Dealings in securities by Company Secretary
| Company Secretary | : | Mr L J Joubert |
|---|---|---|
| Company | : | Remgro Limited |
| Nature of transactions | : | Off-market vesting of awards in terms of the Retention CSPs and shares received pursuant to the respective unbundling of Grindrod Limited and eMedia Holdings, the subsequent on-market sale of shares as well as shares sold in his private capacity. |
| Company | : | R600 |
| Company | : | R600 |
| Company | : | R600 |
| Company | : | R600 |
| Company | : | R600 |
| Company | : | R600 |
| Date of award | : | 5 December 2020 |
|---|---|---|
| Vesting period | : | 5 years from date of awards |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 3 835 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R721 171.75 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 3 835 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R734 249.10 |
| Date of award | : | 5 December 2021 |
| Vesting period | : | 4 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 2 934 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R551 738.70 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 2 934 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R561 743.64 |
| Date of award | : | 12 October 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 147 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R27 643.35 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 147 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R28 144.62 |
| Date of award | : | 5 December 2022 |
| Vesting period | : | 3 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 3 453 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R649 336.65 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 3 453 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R661 111.38 |
| Date of award | : | 5 December 2023 |
| Vesting period | : | 2 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 1 268 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R238 447.40 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 1 268 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R242 771.28 |
| Date of award | : | 13 October 2025 |
| Vesting period | : | 1 years from date of award |
| Date of vesting | : | 5 December 2025 |
| Number of awards vested | : | 71 |
| *Exercise price | : | R188.05 |
| Total value of vested awards | : | R13 351.55 |
| Date of sale of shares | : | 7 April 2026 |
| Number of shares sold | : | 71 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | R191.46 |
| Highest sale price | : | R192.96 |
| Lowest sale price | : | R189.00 |
| Total value of transaction | : | R13 593.66 |
| Date of sale of shares | : | 7 April 2026 |
| Number of private shares sold | : | 6 607 |
| Class of securities | : | Ordinary shares |
| Volume weighted average sale price | : | 191.00 |
| Total value of transaction | : | R1 261 937.00 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
- based on the 5-day volume weighted average Remgro share price as at close of business 2 April 2026.
Stellenbosch
10 April 2026
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
More from REMGRO LIMITED
Earnings Release
2026
May 29
Regulatory Filings
2026
Apr 22
Director's Dealing
2026
Apr 13
Director's Dealing
2026
Apr 2
M&A Activity
2026
Mar 31
Report Publication Announcement
2026
Mar 25
Earnings Release
2026
Mar 13
M&A Activity
2026
Mar 11
Regulatory Filings
2026
Jan 16
Proxy Solicitation & Information Statement
2025
Nov 2