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Exercise and related settlement of share options in terms of the Stadio Holdings Limited Share Incentive Trust
STADIO HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/371398/06)
Share code: SDO
ISIN: ZAE000248662
LEI: 3789007C8FB26515D966
("STADIO Holdings" or "the Company")
EXERCISE AND RELATED SETTLEMENT OF SHARE OPTIONS IN TERMS OF THE
STADIO HOLDINGS LIMITED SHARE INCENTIVE TRUST
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of share options by directors, a prescribed officer,
and a director of a major subsidiary of STADIO Holdings are disclosed to shareholders.
Upon the exercise of the share options referred to below, in the instances where the
beneficiaries elected to have their options settled on a net-equity basis, STADIO Holdings
elected to settle same on an after-tax equity settlement basis, through the award of ordinary
shares as detailed below:
1.
NAME OF DIRECTOR Mr Christian Phillipus David Vorster
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.23 (1)
R3.64 (2)
R4.58 (3)
NUMBER OF OPTIONS EXERCISED 1 996 413 (1)
305 372 (2)
221 336 (3)
VESTING DATE OF OPTIONS 3 April 2025 (1-3)
EXERCISE DATE OF OPTIONS After close of business on 4 April 2025 (1 - 3)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options by the director and related
after-tax net-equity settlement of 915 270
shares to the director at the closing share price
on the exercise date of R7.39 (off-market
transaction)
(2) Exercise of options by the director and related
after-tax net-equity settlement of 85 227
shares to the director at the closing share price
on the exercise date of R7.39 (off-market
transaction)
(3) Exercise of options by the director and related
after-tax net-equity settlement of 46 289
shares to the director at the closing share price
on the exercise date of R7.39 (off-market
transaction)
NAME OF ASSOCIATE Bredamonti Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director and shareholder of the
associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
2.
NAME OF DIRECTOR Dr Divya Singh
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.23 (1)
R2.62 (2)
R3.64 (3)
R4.58 (4)
NUMBER OF OPTIONS EXERCISED 317 073 (1)
211 134 (2)
276 358 (3)
241 650 (4)
VESTING DATE OF OPTIONS 3 April 2025 (1-4)
EXERCISE DATE OF OPTIONS After close of business on 4 April 2025 (1-4)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options by the director and related
after-tax net-equity settlement of 145 364
shares to the director at the closing share price
on the exercise date of R7.39 (off-market
transaction)
(2) Exercise of options by the director and related
after-tax net-equity settlement of 74 954
shares to the director at the closing share price
on the exercise date of R7.39 (off-market
transaction)
(3) Exercise of options by the director and related
after-tax net-equity settlement of 77 130 shares
to the director at the closing share price on the
exercise date of R7.39 (off-market transaction)
(4) Exercise of options by the director and related
after-tax net-equity settlement of 50 537 shares
to the director at the closing share price on the
exercise date of R7.39 (off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
3.
NAME OF PRESCRIBED OFFICER / Mr Jacobus Johannes Human
DIRECTOR
COMPANY OF WHICH A STADIO Holdings Limited
PRESCRIBED OFFICER
COMPANY OF WHICH A DIRECTOR STADIO Proprietary Limited
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.23 (1)
R2.62 (2)
R3.64 (3)
R4.58 (4)
NUMBER OF OPTIONS EXERCISED 284 034 (1)
266 063 (2)
225 896 (3)
259 295 (4)
VESTING DATE OF OPTIONS 3 April 2025 (1-4)
EXERCISE DATE OF OPTIONS After close of business on 4 April 2025 (1-4)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options and acquisition of 284 034
shares by the prescribed officer at the strike
price of R1.23 (off-market transaction)
(2) Exercise of options and acquisition of 266 063
shares by the prescribed officer at the strike
price of R2.62 (off-market transaction)
(3) Exercise of options and acquisition of 225 896
shares by the prescribed officer at the strike
price of R3.64(off-market transaction)
(4) Exercise of options and acquisition of 259 295
shares by the prescribed officer at the strike
price of R4.58 (off-market transaction)
NAME OF ASSOCIATE Working Class Heroes Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director of the associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
4.
NAME OF DIRECTOR Mr Albertus van der Merwe Roux
COMPANY OF WHICH A DIRECTOR STADIO Proprietary Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R4.58
NUMBER OF OPTIONS EXERCISED 74 781
VESTING DATE OF OPTIONS 3 April 2025
EXERCISE DATE OF OPTIONS After close of business on 4 April 2025
PERIOD OF EXERCISE Participants have a 30-day period from the
vesting date during which options can be
exercised
NATURE OF TRANSACTION Exercise of options by the director and related
after-tax net-equity settlement of 15 639 shares
to the director at the closing share price on the
exercise date of R7.39 (off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of
the JSE Limited Listings Requirements.
Durbanville
7 April 2025
Sponsor
PSG Capital
Date: 07-04-2025 05:10:00
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