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SANTOVA LIMITED - Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

Release Date: 17/08/2022 16:00
Code(s): SNV     PDF:  
Wrap Text
Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

SANTOVA LIMITED
(Registration number: 1998/018118/06)
Share code: SNV
ISIN: ZAE000159711

Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

In accordance with the requirements of paragraph 3.63 – 3.74 of the JSE Listings Requirements,
shareholders are advised of the following information:

Name of Director:             L Notelovitz
Name of Company:              Santova Logistics Pty Ltd (Australia)

Nature of transaction:         Off market exercise of share options
Date of transaction:           15 August 2022
Class of securities:           Ordinary shares
Nature of interests:           Direct beneficial
Number of options:             300 000
Option grant date:             22 February 2016
Option Strike price:           415 cents per share
Total value:                   R1 245 000.00

Nature of transaction:          On-market sale of shares
Date of transaction:            16 August 2022
Class of securities:            Ordinary shares
Nature of interests:            Direct beneficial
Number of shares:               38 143
Trading value:                  772 cents per share
Total value:                    R 294 463.96

Nature of transaction:          On-market sale of shares
Date of transaction:            17 August 2022
Class of securities:            Ordinary shares
Nature of interests:            Direct beneficial
Number of shares:               343 690
Maximum Price:                  770 cents per share
Minimum Price:                  750 cents per share
VWAP:                           755.07 cents per share
Total value:                    R 2 595 100.08

Clearance for this transaction was provided in terms of section 3.66 of the JSE Listings
Requirements.

Durban
17 August 2022
Sponsor and Corporate Advisor
River Group

Date: 17-08-2022 04:00:00
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