SANLAM LIMITED - Director, director of major subsidiary and company secretary dealings in Sanlam securities

What this filing means

This is a routine disclosure of executive compensation, not insider trading. Four named individuals at Sanlam — an executive director, two company secretaries and a director of a major subsidiary — have accepted conditional undertakings under the Performance Deferred Share Plan, with performance hurdles running to 2031. No shares were bought on market and no cash changed hands today; the 'R nil' transaction values are a formality of how the plan is structured. This is compliance disclosure, not…