QUANTUM FOODS HOLDINGS LIMITED - Exercise of phantom share rights in terms of the Quantum Foods Holdings Limited Equity Settled Phantom Share Plan

Exercise of phantom share rights in terms of the Quantum Foods Holdings Limited Equity Settled Phantom Share Plan

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”)

EXERCISE OF PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM FOODS HOLDINGS LIMITED EQUITY SETTLED PHANTOM SHARE PLAN

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”),
shareholders of Quantum Foods are hereby advised of the following dealings in securities by executive directors of the
Company:

 Nature of transaction:                                       Delivery of Quantum Foods ordinary shares (“Ordinary
                                                              Shares”) through the exercise of the Phantom Share
                                                              Rights (“PSRs”) issued on 23 February 2017,
                                                              22 February 2018 and 11 February 2019, in terms of
                                                              the Quantum Foods Holdings Limited Equity Settled
                                                              Phantom Share Plan (“Exercise”)
 Class of securities:                                         Ordinary Shares
 Vesting date of PSRs:                                        (1) 23 February 2022
                                                              (2) 22 February 2022
                                                              (3) 11 February 2022
 Period of Exercise:                                          Participants have until midnight on the anniversary of
                                                              the relevant vesting date of PSRs to Exercise vested
                                                              PSRs
 Date of Exercise:                                            (1) 1 March 2022
                                                              (2) 1 March 2022
                                                              (3) 1 March 2022
 Nature and extent of interest:                               Direct beneficial
 On-market or off-market:                                     Off-market
 Clearance given in terms of paragraph 3.66 of the Listings   Yes
 Requirements:

Transaction 1:

 Name of executive director:                                  Hendrik Albertus Lourens
 Number of Ordinary Shares delivered on Exercise:             (1) 432 854
                                                              (2) 141 556
                                                              (3) 69 532
 Price per Ordinary Share delivered on Exercise:              (1) R5.3013
                                                              (2) R5.3013
                                                              (3) R5.3013
 Total value of Ordinary Shares delivered on Exercise:        (1) R2 294 688.91
                                                              (2) R750 430.82
                                                              (3) R368 609.99
 Strike price of PSRs:                                        (1) R3.093
                                                              (2) R3.906
                                                              (3) R4.245
                                                                                                                       
Transaction 2:

 Name of executive director:                                  Andre Hugo Muller
 Number of Ordinary Shares delivered on Exercise:             (1) 96 930
                                                              (2) 41 005
                                                              (3) 18 076
 Price per Ordinary Share delivered on Exercise:              (1) R5.3013
                                                              (2) R5.3013
                                                              (3) R5.3013
 Total value of Ordinary Shares delivered on Exercise:        (1) R513 855.01
                                                              (2) R217 379.81
                                                              (3) R95 826.30
 Strike price of PSRs:                                        (1) R3.093
                                                              (2) R3.906
                                                              (3) R4.245


Wellington
7 March 2022

Corporate advisor and Sponsor
One Capital

Attorneys
Webber Wentzel




                                                                             

Date: 07-03-2022 04:34:00
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