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

Release Date: 18/02/2021 12:00
Code(s): KAP     PDF:  
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Dealings 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”)

DEALINGS 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
dealings in KAP ordinary securities (“KAP Shares”) by the Company.

In terms of the KAP Performance Share Rights Scheme (the "Scheme"), the Company is
obliged to issue KAP Shares for delivery to participants of the Scheme to the extent that
vesting of rights has taken place in terms of the rules of the Scheme. In order to reduce the
effect of dilution on shareholders resulting from any potential future vestings that may take
place in terms of the Scheme, the Company is entitled to procure KAP Shares for delivery to
participants by acquiring such shares in the market. Accordingly, in terms of a repurchase
programme registered with the JSE Limited, the KAP Shares set out below were acquired to
facilitate the potential future delivery of KAP Shares under the Scheme.

 NAME OF SCHEME                                  KAP Performance Share Rights Scheme
 COMPANY TO WHICH THE SCHEME                     KAP Industrial Holdings Limited
 RELATES
 CLASS AND TYPE OF SECURITIES                    Ordinary Shares
 DATE OF TRANSACTIONS                            15 February 2021      (1)
                                                 16 February 2021      (2)
                                                 17 February 2021      (3)
 CENTS PER SHARE                                 VWAP: 411.32          (1)
                                                 High: 426
                                                 Low: 399
                                                 VWAP: 416.75          (2)
                                                 High: 422
                                                 Low: 412
                                                 VWAP: 419.68          (3)
                                                 High: 424
                                                 Low: 417
 NUMBER OF SECURITIES TRANSACTED                 1 380 000              (1)
                                                 1 510 770              (2)
                                                   920 339              (3)
 TOTAL RAND VALUE OF SECURITIES                  R5 676 216.00          (1)
                                                 R6 296 133.98          (2)
                                                 R3 862 478.72           (3)
 NATURE OF TRANSACTIONS                          Purchase by the Company of its own issued
                                                 shares via on-market transactions to enable
                                                 KAP to fulfil its obligations to participants
                                                 under the Scheme         (1-3)

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

Stellenbosch
18 February 2021

Sponsor
PSG Capital

Date: 18-02-2021 12:00:00
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