Dealing in securities pursuant to Long-Term Share Incentive Scheme
SPUR CORPORATION LIMITED
(Incorporated in the Republic of South Africa
Registration number 1998/000828/06
Share code: SUR
ISIN: ZAE000022653
("Spur" or "the Company")
DEALING IN SECURITIES PURSUANT TO LONG-TERM SHARE INCENTIVE SCHEME
Share Appreciation Rights ("SARs") exercised in accordance with the 2020 SAR Scheme
In compliance with the requirements of paragraphs 6.77 to 6.80 of the JSE Limited Listings Requirements,
details of the following trades relating to equity-settled SARs should be noted. The SARs exercised were
awarded on 17 November 2022 and vested on 17 November 2025, at which time Vuyo Henda served as
Chief Marketing Officer of the Company, prior to her appointment as Executive Director of the Company on
1 March 2026.
Name of Director: Vuyo Henda
Designation: Executive Director
Nature of transaction: Exercise of SARs and sale of resulting Spur
shares
Number of SARs exercised: 70 793
Strike Price: R21.04
Exercise Price: R39.10
Value of SARs exercised: R1 278 332
Number of resulting Spur shares: 32 696
Number of Spur shares sold: 32 696
Sale price per share: R39.40
Value of sales transaction: R1 288 222
Exercise/trade date: 7 April 2026
On/off market: On market
Clearance to deal: Obtained
Nature of interest: Direct beneficial
Cape Town
16 April 2026
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 16-04-2026 04:57:00
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