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AVI LIMITED - Dealings in Securities

Release Date: 14/10/2019 09:52
Code(s): AVI     PDF:  
Wrap Text
Dealings in Securities

AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY AN AVI DIRECTOR

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:


Name of director            :   Owen Cressey
Date of transaction         :   11 October 2019
Strike price and exercise
price per option            :   R92.35
Number of ordinary shares   :   31 600
Aggregate consideration     :   R 2 918 260.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Acceptance of shares awarded in
                                terms of the AVI Limited Out-
                                Performance Scheme
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of Director            :   Owen Cressey
Date of transaction         :   11 October 2019
Price per share             :   R82.32
Number of ordinary shares   :   31 600
Aggregate consideration     :   R 2 601 312.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares accepted as above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
14 October 2019

Sponsor
The Standard Bank of South Africa Limited

Date: 14/10/2019 09:52:00
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