QUANTUM FOODS HOLDINGS LIMITED - Dealings in securities by directors and an associate of a director

Dealings in securities by directors and an associate of a director

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: ZAE000193686
(“Quantum Foods” or the “Company”)

DEALINGS IN SECURITIES BY DIRECTORS AND AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”),
shareholders of Quantum Foods are hereby advised that, on 17 March 2022, certain members of senior management
of Quantum Foods, including directors of the Company (collectively, “Management”), accepted an offer extended to
them by Aristotle Africa S.à.r.l. (“Aristotle”), an associate of a director of the Company, to acquire some of the ordinary
shares in Quantum Foods (“Ordinary Shares”) which were received by Management pursuant to exercising their vested
Phantom Share Rights in terms of the Quantum Foods Holdings Limited Equity Settled Phantom Share Plan
(“Acquisition Offer”), as further detailed below.

Dealing by an associate of a director:

  Name of director:                                             Gary Vaughan-Smith
  Name of associate and relationship with director:             Aristotle is ultimately owned by Silverlands II SCSp (the
                                                                “Silverlands II Fund”), which fund is managed by
                                                                SilverStreet Management II S.à r.l. (the “General
                                                                Partner”) and advised by SilverStreet Capital LLP (the
                                                                “Investment Adviser”). Gary Vaughan-Smith is the
                                                                founding member of the Investment Adviser and a
                                                                manager of the General Partner as well as the
                                                                beneficiary of The GVS Family Trust,
                                                                which trust is the controlling shareholder of the General
                                                                Partner.
  Nature of the transaction:                                    Pursuant to the acceptance of the Acquisition Offer by
                                                                Management, Aristotle will acquire the Ordinary Shares
                                                                from Management by no later than 30 April 2022
  Class of securities:                                          Ordinary Shares
  Number of Ordinary Shares:                                    1 546 923
  Price per Ordinary Share:                                     R5.40
  Total value of Ordinary Shares:                               R8 353 384.20
  Nature and extent of interest:                                Indirect beneficial
  On-market or off-market:                                      Off-market
  Clearance given in terms of paragraph 3.66 of the             Yes
  Listings Requirements:

Dealings by directors:

  Nature of the transactions:                                   Pursuant to the acceptance of the Acquisition Offer by
                                                                Management, Management will dispose of the Ordinary
                                                                Shares to Aristotle by no later than 30 April 2022
  Class of securities:                                          Ordinary Shares
  Price per Ordinary Share:                                     R5.40
  Nature and extent of interest:                                Direct beneficial                                                                                                                       
  On-market or off-market:                                      Off-market
  Clearance given in terms of paragraph 3.66 of the             Yes
  Listings Requirements:

Transaction 1:

  Name of director:                                             Hendrik Albertus Lourens
  Number of Ordinary Shares:                                    566 813
  Total value of Ordinary Shares:                               R3 060 790.20

Transaction 2:

  Name of director:                                             Andre Hugo Muller
  Number of Ordinary Shares:                                    116 451
  Total value of Ordinary Shares:                               R628 835.40


Wellington
23 March 2022

Corporate advisor and Sponsor
One Capital

Attorneys
Webber Wentzel                                                                         
Date: 23-03-2022 05:00:00
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