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ADVTECH LIMITED - Dealings in securities by Directors, Director of a major subsidiary, prescribed officers and Group Company Secretary

Release Date: 27/06/2022 12:40
Code(s): ADH     PDF:  
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Dealings in securities by Directors, Director of a major subsidiary, prescribed officers and Group Company Secretary

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, A DIRECTOR OF A MAJOR SUBSIDIARY,
PRESCRIBED OFFICERS AND GROUP COMPANY SECRETARY

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:                            285 610
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R5 109 562.90
 Date of transaction:                             27 June 2022
 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:                            171 861
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R3 074 593.29
 Date of transaction:                             27 June 2022
 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:                            174 172
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R3 115 937.08
 Date of transaction:                             24 June 2022
 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:                            146 760
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R2 625 536.40
 Date of transaction:                             24 June 2022
 Nature of interest:                              Direct beneficial

 Name of Officer:                                 L Wiseman
 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:                            99 664
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R1 782 988.96
 Date of transaction:                             24 June 2022                  
 Nature of interest:                              Direct beneficial

 Name of Officer:                                 SCD Lurie
 Designation:                                     The Independent Institute of Education (Pty) Ltd
                                                  (a major subsidiary of ADvTECH)
 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:                            67 584
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R1 209 077.76
 Date of transaction:                             24 June 2022
 Nature of interest:                              Direct beneficial

 Name of Officer:                                 CB Crouse
 Designation:                                     Group Company Secretary
 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:                            24 885
 Date of Award                                    14 June 2022
 Class of securities:                             Ordinary
 Price of share:                                  R17.89
 Total value of transaction:                      R445 192.65
 Date of transaction:                             27 June 2022
 Nature of interest:                              Direct beneficial

The date of vesting is 17 June 2025.

27 June 2022
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 27-06-2022 12:40:00
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