ALVIVA HOLDINGS LIMITED - Acceptance of forfeitable share grants to directors

Acceptance of forfeitable share grants to directors

Alviva Holdings Limited
(Formerly Pinnacle Holdings Limited)
(Incorporated in the Republic of South Africa)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “The Company”)

ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

 DIRECTORS OF ALVIVA HOLDINGS LIMITED
 Name                         P Spies
 Office held                  Chief Executive Officer
 Company                      Alviva Holdings Limited
 Date of acceptance           15 June 2017
                              Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                               after 15 June 2020
 Class of securities          Ordinary shares
 Number of forfeitable shares 300 000
 Award price                  R16.75
 Total value of award         R5 025 000
 Nature of interest           Direct beneficial
 Clearance obtained            Yes

 Name                                 RD Lyon
 Office held                          Chief Financial Officer
 Company                              Alviva Holdings Limited
 Date of acceptance                   15 June 2017
                                      Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                                       after 15 June 2020
 Class of securities                  Ordinary shares
 Number of forfeitable shares         150 000
 Award price                          R16.75
 Total value of award                 R2 512 500
 Nature of interest                   Direct beneficial
 Clearance obtained                    Yes

 DIRECTORS OF MAJOR SUBSIDIARIES
 Name                         CJ Brunsden
 Office held                  Managing Director
 Company                      Axiz (Pty) Ltd
 Date of acceptance           15 June 2017
                              Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                              after 15 June 2020
 Class of securities          Ordinary shares
 Number of forfeitable shares 150 000
 Award price                  R16.75
 Total value of award         R2 512 500
 Nature of interest           Direct beneficial
Clearance obtained             Yes

Name                           CY Li
Office held                    Finance Director
Company                        Axiz (Pty) Ltd
Date of acceptance             15 June 2017
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 15 June 2020
Class of securities            Ordinary shares
Number of forfeitable shares   60 000
Award price                    R16.75
Total value of award           R1 005 000
Nature of interest             Direct beneficial
Clearance obtained              Yes

Name                           RN Nkuna
Office held                    Human Resource Director
Company                        Axiz (Pty) Ltd
Date of acceptance             15 June 2017
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 15 June 2020
Class of securities            Ordinary shares
Number of forfeitable shares   60 000
Award price                    R16.75
Total value of award           R1 005 000
Nature of interest             Direct beneficial
Clearance obtained              Yes

Name                           TP Humphreys-Davies
Office held                    Managing Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             15 June 2017
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 15 June 2020
Class of securities            Ordinary shares
Number of forfeitable shares   150 000
Award price                    R16.75
Total value of award           R2 512 500
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           GJ Wiehahn
Office held                    Financial Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             15 June 2017
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 15 June 2020
Class of securities            Ordinary shares
Number of forfeitable shares   70 000
Award price                    R16.75
 Total value of award                R1 172 500
 Nature of interest                  Direct beneficial
 Clearance obtained                  Yes


Midrand
21 June 2017


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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