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ADVTECH LIMITED - Dealings in securities by a Director of the Company

Release Date: 18/12/2018 16:23
Code(s): ADH     PDF:  
Wrap Text
Dealings in securities by a Director of the Company

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH          ISIN: ZAE000031035
("ADvTECH” or “the Company”)


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements the following
information relating to a director’s dealings in the Company’s securities is disclosed:


Name Of Director:                                    RJ Douglas

Designation:                                         Chief Executive Officer

Nature of transaction:                               Exercise of options which have vested in terms
                                                     of the ADvTECH Limited Share Incentive
                                                     Scheme (on market).
Number of securities:                                300 000

Date of Award                                        12 December 2012

Class of securities:                                 Ordinary

Option price:                                        R5.80

Total value of transaction:                          R1 740 000.00

Date of transaction:                                 14 December 2018

Volume weighted average price per share for          R14.76
the day:
Highest price on the date of the transaction:        R14.99

Lowest price on the date of the transaction:         R14.52

Nature of interest:                                  Direct beneficial



Name Of Director:                                    RJ Douglas

Designation:                                         Chief Executive Officer

Nature of transaction:                               On-market sale of shares

Number of securities:                                40 000

Class of securities:                                 Ordinary

Total value of transaction:                          R586 040.83
Date of transaction:                              14 December 2018

Volume weighted average price per share for       R14.76
the day:
Highest price on the date of the transaction:     R14.99

Lowest price on the date of the transaction:      R14.52

Nature of interest:                               Direct beneficial


Clearance to deal was obtained for the above transactions.

18 December 2018
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 18/12/2018 04:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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