JSE executives sell shares to cover vested LTIS tax
Executives and prescribed officers at JSE Limited sold a total of 91,682 vested ordinary shares under the LTIS 2018, generating ZAR 10,965,965. The sales were triggered by the vesting of share awards granted in 2021 and 2022, requiring participants to settle income tax liabilities. The shares were sold on-market at a volume-weighted average price of ZAR 119.6087 per share. Notable transactions include those by L Fourie, selling 13,042 and 23,133 LTIS 2018 shares from the 2021 and 2022 awards respectively, and A Greenwood selling 4,087 and 11,052 LTIS 2018 shares from the 2021 and 2022 awards respectively. Clearance for these dealings was granted by the Chairman of the Board.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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