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ADVTECH LIMITED - Dealings in Securities by Directors and Prescribed Officers

Release Date: 11/06/2021 14:25
Code(s): ADH     PDF:  
Wrap Text
Dealings in Securities by Directors and Prescribed Officers

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

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS

In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“JSE Listings
Requirements”), the following transactions, in respect of which prior written approval pursuant to
paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed.

 Name of Director:                                RJ Douglas
 Designation:                                     Chief Executive Officer
 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            354 177
 Date of Award                                    21 May 2021
 Class of securities:                             Ordinary
 Price of share:                                  R13.61
 Total value of transaction:                      R4 820 348.97
 Date of transaction:                             11 June 2021
 Nature of interest:                              Direct beneficial


 Name of Director:                                JDR Oesch
 Designation:                                     Group Commercial Director
 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            213 120
 Date of Award                                    21 May 2021
 Class of securities:                             Ordinary
 Price of share:                                  R13.61
 Total value of transaction:                      R2 900 563.20
 Date of transaction:                             11 June 2021
 Nature of interest:                              Direct beneficial


 Name of Officer:                                 FJ Coughlan
 Designation:                                     Prescribed Officer
 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            145 127
 Date of Award                                    21 May 2021
 Class of securities:                             Ordinary
 Price of share:                                  R13.61
 Total value of transaction:                      R1 975 178.47
 Date of transaction:                             11 June 2021
 Nature of interest:                              Direct beneficial


 Name of Officer:                                 DL Honey
 Designation:                                     Prescribed Officer
 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            203 759
 Date of Award                                    21 May 2021
 Class of securities:                             Ordinary
 Price of share:                                  R13.61
 Total value of transaction:                      R2 773 159.99
 Date of transaction:                             11 June 2021
 Nature of interest:                              Direct beneficial


 Name of Officer:                                 MD Aitken
 Designation:                                     Prescribed Officer
 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            181 993
 Date of Award                                    21 May 2021
 Class of securities:                             Ordinary
 Price of share:                                  R13.61
 Total value of transaction:                      R2 476 924.73
 Date of transaction:                             11 June 2021
 Nature of interest:                              Direct beneficial

The date of vesting is 21 May 2024.

11 June 2021
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 11-06-2021 02:25:00
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