AGRIBEL HOLDINGS LTD FINANCIAL REVIEW 2021
Executive directors ’ remuneration ( group ):
|
|
Short-term |
|
accommo- |
|
Remune- |
incentive |
Long-term |
dation |
Executive
|
ration |
bonus |
incentive * |
expenses |
F Strydom |
5 988 240 |
7 146 060 |
3 109 089 |
27 657 |
CF Kruger |
3 629 815 |
4 241 072 |
1 495 452 |
34 229 |
Total |
9 618 055 |
11 387 132 |
4 604 541 |
61 886 |
* The long-term incentive has not vested as yet and is subject to vesting conditions . The total share-based payment expense recognised for the |
2020 financial year relates to four tranches which will vest , depending on vesting conditions being met , on a yearly basis from June 2020 to June |
2023 . |
Equity-settled share-based payments ( group ): |
Shares not vested * |
|
|
2021 |
2020 |
Executive |
|
Number |
Number |
F Strydom |
|
1 544 461 |
2 044 723 |
CF Kruger |
|
856 786 |
1 133 736 |
Total |
|
2 401 247 |
3 178 459
|
* Included with the number of shares are grants which have not vested at year end . |
|
|
|
The total share-based payment expense recognised for the 2021 financial year amounted to R4,6 million ( 2020 : R6,2 million ) and relates to 3 |
tranches ( 2020 : 4 tranches ) which will vest , depending on vesting conditions being met , on a yearly basis from June 2021 to June 2023 . |
Non-executive directors ’ remuneration ( group ): 2020
Non-executive Status Date
Total directors ' remuneration
Remuneration from
Agribel *
Total directors ' remuneration from Senwes group from Senwes
Travelling and
expenses
Remuneration accommodation
Remuneration from subsidiaries SF Booysen In Office Full Year 1 018 818 - 1 018 818 1 001 756 17 062 - JB Botha Resigned 2019 / 08 / 22 221 197 - 221 197 218 994 2 203 - VJ Klein Appointed 2019 / 08 / 22 368 082 - 368 082 258 729 11 126 98 227 AJ Kruger In Office Full Year 951 535 394 857 556 678 544 256 12 422 - NDP Liebenberg In Office Full Year 966 459 275 879 690 580 682 026 8 554 - JS Marais Appointed 2019 / 08 / 22 505 943 - 505 943 275 847 14 963 215 133 JDM Minnaar In Office Full Year 1 585 899 181 137 1 404 762 1 265 639 48 505 90 618 JJ Minnaar In Office Full Year 659 849 175 832 484 017 472 579 11 438 - SM Mohapi In Office Full Year 499 696 - 499 696 484 883 14 813 - JPN Stander Appointed 2019 / 08 / 22 503 700 - 503 700 296 691 38 323 168 686 TF van Rooyen In Office Full Year 628 760 179 839 448 921 445 309 3 612 - WH van Zyl In Office Full Year 742 792 175 938 566 854 555 810 11 044 -
AG Waller |
In Office |
Full Year |
119 072 |
- |
119 072 |
119 072 |
- |
- |
Total |
|
|
8 771 802 |
1 383 482 |
7 388 320 |
6 621 591 |
194 065 |
572 664 |
* Remuneration received from Agribel Holdings Ltd includes VAT where a director is registered for VAT . Agribel Holdings is not a registered VAT vendor .
Executive directors ’ remuneration ( group ): 2020
Executive
Retention
Short-term incentive bonus
Long-term incentive *
Travelling and
Remuneration remuneration accommodation expenses F Strydom 5 046 615 666 667 2 324 960 4 209 570 136 379
CF Kruger |
3 264 329 |
333 333 |
1 565 042 |
2 036 246 |
83 048 |
Total |
8 310 944 |
1 000 000 |
3 890 002 |
6 245 816 |
219 427 |
* The long-term incentive has not vested as yet and is subject to vesting conditions . The total share-based payment expense recognised for the 2020 financial year relates to 4 tranches which will vest , depending on vesting conditions being met , on a yearly basis from June 2020 to June 2023 .
2020
Agribel Holdings Limited Reg nr : 1996 / 017629 / 06 AGRIBEL ANNUAL FINANCIAL REVIEW 2021
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