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ADVTECH LIMITED - Exercise of options in terms of ADvTECH Limited Share Incentive Scheme

Release Date: 09/12/2021 10:40
Code(s): ADH     PDF:  
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Exercise of options in terms of ADvTECH Limited Share Incentive Scheme

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


EXERCISE OF OPTIONS IN TERMS OF ADvTECH LIMITED SHARE INCENTIVE SCHEME


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
transaction relating to a director of the Company is hereby disclosed, in terms of the provisions of the
ADvTECH Limited Share Incentive Scheme.


 Name of Director:                                   JDR Oesch

 Designation:                                        Commercial Director

 Nature of transaction:                              Exercise of options which have vested in terms
                                                     of the ADvTECH Limited Share Incentive
                                                     Scheme (on market)
 Number of securities:                               50 000 (which will expire on 17 December 2021)

 Date of Award:                                      19 November 2015

 Class of securities:                                Ordinary

 Option price per share:                             R12.60

 Volume weighted average price per share for         R15.52
 the day:
 Highest price on the date of the transaction:       R15.95

 Lowest price on the date of the transaction:        R15.19

 Total value of transaction:                         R630 000.00

 Date of transaction:                                8 December 2021

 Nature of interest:                                 Direct beneficial



In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has been
obtained for the transaction above.

9 December 2021
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 09-12-2021 10:40:00
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