Chamwe Kaira
Capricorn Group Limited has disclosed that its directors and company secretary exercised share awards worth more than N$23 million under the group’s conditional share plan and share appreciation rights scheme.
According to Namibia Stock Exchange (NSX) filings, the transactions were executed on 18 September at N$22.05 per share, following the vesting date of 23 August.
Capricorn Group chief executive officer, Marthinus Prinsloo, exercised 239 578 shares worth N$5.28 million.
Bank Windhoek’s managing director, Baronice Hans, concluded several transactions under both schemes, involving more than 598 000 shares with a total value exceeding N$12.7 million.
Other directors who participated include James Chapman, director of Bank Windhoek, who exercised 95 012 shares worth N$2.1 million, Johan Maass, director of Capricorn Group, with 65 190 shares worth N$1.44 million; and Hellmut von Ludwiger, company secretary of Capricorn Group, with 26 776 shares worth N$590 000.
The group said all transactions were cleared in advance and that the directors’ interests in the shares remain direct and beneficial.
A conditional share award is a commitment to issue or transfer shares to an employee subject to service or performance conditions.
In related NSX news, Namibia Breweries Limited announced the resignation of Kevin Santry as director, effective 16 September 2025.
“The NBL board is pleased to announce the appointment of Guillaume Duverdier as a director of NBL with effect from 16 September 2025. The NBL board welcomes Mr Guillaume Duverdier and looks forward to his contributions,” NBL said.
Stimulus Investments Limited reported that all resolutions at its 19th annual general meeting held on 16 September 2025 were approved.
Shareholders adopted the annual financial statements for the year ended 28 February 2025 and approved a 3.2% inflationary increase in directors’ remuneration.
Peter Koep and Josephat Mwatotele were re-elected as directors, while PricewaterhouseCoopers was reappointed as auditor.
Caption
The Capricorn Group offers its executives a conditional share plan.
- Photo: Capricorn Group
