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Dealings by directors
AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
("Afrimat" or "the Company")
DEALINGS BY DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:
1.
NAME OF DIRECTOR Gerhard Odendaal
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of share appreciation rights and
receipt of shares in terms of the Afrimat
Share Appreciation Rights scheme (Off-
market transaction)
AWARD DATE 20 May 2020
VESTING DATE 19 May 2023
AWARD PRICE R25.01
EXERCISE DATE 14 June 2024
EXERCISE PRICE (VWAP PRECEDING R68.05
THE EXERCISE DATE)
NUMBER OF RIGHTS EXERCISED 160 000
NUMBER OF SHARES RECEIVED (NET OF 55 658
TAX)
TOTAL RAND VALUE OF SHARES R 3 787 520.00
RECEIVED
PERIOD OF EXERCISE 4 years from the vesting date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Pieter de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of share appreciation rights and
receipt of shares in terms of the Afrimat
Share Appreciation Rights scheme (Off-
market transaction)
AWARD DATE 26 May 2021
VESTING DATE 25 May 2024
AWARD PRICE R48.00
EXERCISE DATE 14 June 2024
EXERCISE PRICE (VWAP PRECEDING R68.05
THE EXERCISE DATE)
NUMBER OF RIGHTS EXERCISED 110 000
NUMBER OF SHARES RECEIVED (NET OF 17 825
TAX)
TOTAL RAND VALUE OF SHARES R 1 213 025.00
RECEIVED
PERIOD OF EXERCISE 4 years from the vesting date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of share appreciation rights and
receipt of shares in terms of the Afrimat
Share Appreciation Rights scheme (Off-
market transaction)
AWARD DATE 26 May 2021
VESTING DATE 25 May 2024
AWARD PRICE R48.00
EXERCISE DATE 14 June 2024
EXERCISE PRICE (VWAP PRECEDING R68.05
THE EXERCISE DATE)
NUMBER OF RIGHTS EXERCISED 100 000
NUMBER OF SHARES RECEIVED (NET OF 16 205
TAX)
TOTAL RAND VALUE OF SHARES R 1 102 750.00
RECEIVED
PERIOD OF EXERCISE 4 years from the vesting date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
4.
NAME OF PRESCRIBED OFFICER Andre Smith
COMPANY OF WHICH A PRESCRIBED Afrimat Limited
OFFICER
STATUS: Public Officer
TYPE AND CLASS OF SECURITIES Rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of share appreciation rights and
receipt of shares in terms of the Afrimat
Share Appreciation Rights scheme (Off-
market transaction)
AWARD DATE 26 May 2021
VESTING DATE 25 May 2024
AWARD PRICE R48.00
EXERCISE DATE 14 June 2024
EXERCISE PRICE (VWAP PRECEDING R68.05
THE EXERCISE DATE)
NUMBER OF RIGHTS EXERCISED 30 000
NUMBER OF SHARES RECEIVED (NET OF 4 861
TAX)
TOTAL RAND VALUE OF SHARES R 330 825.00
RECEIVED
PERIOD OF EXERCISE 4 years from the vesting date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
5.
NAME OF COMPANY SECRETARY Catharine Burger
COMPANY OF WHICH THE COMPANY Afrimat Limited
SECRETARY
STATUS: Company Secretary
TYPE AND CLASS OF SECURITIES Rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of share appreciation rights and
receipt of shares in terms of the Afrimat
Share Appreciation Rights scheme (Off-
market transaction)
AWARD DATE 26 May 2021
VESTING DATE 25 May 2024
AWARD PRICE R48.00
EXERCISE DATE 14 June 2024
EXERCISE PRICE (VWAP PRECEDING R68.05
THE EXERCISE DATE)
NUMBER OF RIGHTS EXERCISED 20 000
NUMBER OF SHARES RECEIVED (NET OF 3 379
TAX)
TOTAL RAND VALUE OF SHARES R 229 929.91
RECEIVED
PERIOD OF EXERCISE 4 years from the vesting date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Cape Town
14 June 2024
Sponsor
Valeo Capital (Pty) Ltd
Date: 14-06-2024 04:00:00
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