KAP INDUSTRIAL HOLDINGS LIMITED - Dealing In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

Dealing In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
("KAP" or "the Company")

DEALING IN KAP SECURITIES FOR PURPOSES OF THE KAP PERFORMANCE SHARE RIGHTS SCHEME

In compliance with paragraph 14.9(d) of Schedule 14 and paragraphs 3.63 to 3.74 of the JSE
Limited Listings Requirements, the below-mentioned information is disclosed relating to the
dealing in KAP securities by KAP Corporate Services (Pty) Limited, a wholly-owned subsidiary of
KAP.

In terms of the KAP Performance Share Rights Scheme (“the Scheme”), the Company has
previously issued new shares for delivery to participants of the Scheme to the extent that vesting
has taken place in terms of the rules of the Scheme. In order to reduce the effects of dilution on
shareholders resulting from any potential future vestings that may take place in terms of the
Scheme, the Company or a nominated subsidiary is entitled to procure shares for delivery to
participants by acquiring such shares in the market. Accordingly, the KAP shares set out below
were acquired to facilitate the potential future delivery of shares under the Scheme.

NAME OF SCHEME                                   KAP Performance Share Rights Scheme
COMPANY TO WHICH THE SCHEME                      KAP Industrial Holdings Limited
RELATES
TYPE OF SECURITIES                               Shares
CLASS OF SECURITIES                              Ordinary
DATE OF TRANSACTION                              20 September 2019
CENTS PER SHARE                                  VWAP: 499.7335
                                                 High: 500
                                                 Low: 490
NUMBER OF SECURITIES TRANSACTED                  922 094
TOTAL RAND VALUE OF SECURITIES                   R4 608 012.43
NATURE OF TRANSACTION                            Purchase of shares by a
                                                 subsidiary of KAP to enable
                                                 KAP to fulfil its obligations to
                                                 participants under the KAP
                                                 Performance Share Rights
                                                 Scheme (on-market transaction)

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

Stellenbosch
25 September 2019

Sponsor
PSG Capital

Date: 25/09/2019 03:00:00
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