NVEST FINANCIAL HOLDINGS LIMITED - Exercise of Options by a Director in Terms of the NVest Share Incentive Scheme

Exercise of Options by a Director in Terms of the NVest Share Incentive Scheme

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2008/015990/06)
(“NVest”)
ISIN Code: ZAE000199865 JSE Code: NVE

EXERCISE OF OPTIONS BY A DIRECTOR IN TERMS OF THE NVEST SHARE INCENTIVE SCHEME


In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the dealing in securities by a director of NVest is disclosed:

 Name of director:                     CG Lemmon
 Status of director:                   Executive
 Class and type of securities:         Ordinary shares
 Nature of transaction:                Acquisition of ordinary shares through the exercise of
                                       options in terms of the NVest Share Incentive Scheme
                                       (off-market transaction)
 Vesting date of options exercised:    2 December 2019
 Date of exercise of options:          2 December 2019
 Option strike price:                  R1.82
 Number of options exercised:          500 000
 Total value of options exercised:     R910 000
 Period of exercise:                   Participants must exercise an option no earlier or later
                                       than on the third anniversary of the option date.
 Nature and extent of director’s       Direct beneficial
 interest in the transaction:

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Listings Requirements.

East London
3 December 2019


Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 03-12-2019 08:32:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.