ADCORP HOLDINGS LIMITED - Dealing in Shares by an Associate of a Director

Dealing in Shares by an Associate of a Director

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
("Adcorp" or "the Group")


DEALING IN SHARES BY AN ASSOCIATE OF A DIRECTOR


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

NAME OF DIRECTOR                                C Smith

COMPANY OF WHICH A DIRECTOR                     Adcorp

STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Acquisition of shares by an associate
                                                of director (on-market transaction)

DATE OF TRANSACTION                             21 December 2020

PRICE PER SECURITY                              R6.40 (1)
                                                R6.48 (2)
                                                R6.49 (3)
                                                R6.50 (4)

NUMBER OF SECURITIES TRANSACTED                 7 692 (1)
                                                6 702 (2)
                                                128 (3)
                                                510 659 (4)

TOTAL RAND VALUE OF SECURITIES                  R49 228.80 (1)
TRANSACTED                                      R43 428.96 (2)
                                                R830.72 (3)
                                                R3 319 283.50 (4)

NATURE AND EXTENT OF INTEREST IN Indirect, beneficial
THE TRANSACTION

NAME OF ASSOCIATE                               Enigma Collections (Pty) Limited

RELATIONSHIP WITH DIRECTOR                      Director and shareholder


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Johannesburg
22 December 2020

Sponsor
PSG Capital

Date: 22-12-2020 01:11:00
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