Sharenet Sites 
Sharenet Sites
QUANTUM FOODS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Number: ZAE000193686
("Quantum Foods" or 'the Company')
ACCEPTANCE OF ALLOCATED PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM
FOODS HOLDINGS LIMITED EQUITY SETTLED PHANTOM SHARE PLAN
In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:
1.
NAME OF DIRECTOR Andre Hugo Muller
COMPANY OF WHICH I AM A DIRECTOR Quantum Foods Holdings
Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Equity Settled Phantom
Share Rights
CLASS OF SECURITIES Ordinary Shares
DATE OF PHANTOM SHARE RIGHT
GRANT 18 February 2016
DATE OF PHANTOM SHARE RIGHT
ACCEPTANCE 29 February 2016
PHANTOM SHARE RIGHT STRIKE PRICE
(CENTS) 266
NUMBER OF PHANTOM SHARE RIGHTS
ALLOCATED 187 902
VESTING DATES OF PHANTOM SHARE
RIGHTS 18 February 2019;
18 February 2020; and
18 February 2021
PERIOD OF EXERCISE Participants have until
midnight on the 6 month
anniversary of the relevant
vesting date during which
the Phantom Share Rights
can be exercised
NATURE OF TRANSACTION Acceptance of Phantom Share
Rights in terms of the
Quantum Foods Limited
Equity Settled Phantom
Share Plan (off-market)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Direct, Beneficial
2.
NAME OF DIRECTOR Hendrik Albertus Lourens
COMPANY OF WHICH I AM A DIRECTOR Quantum Foods Holdings
Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE OF SECURITIES Equity Settled Phantom
Share Rights
CLASS OF SECURITIES Ordinary Shares
DATE OF PHANTOM SHARE RIGHT
GRANT 18 February 2016
DATE OF PHANTOM SHARE RIGHT
ACCEPTANCE 29 February 2016
PHANTOM SHARE RIGHT STRIKE PRICE
(CENTS) 266
NUMBER OF PHANTOM SHARE RIGHTS
ALLOCATED 634 240
VESTING DATES OF PHANTOM SHARE
RIGHTS 18 February 2019;
18 February 2020; and
18 February 2021
PERIOD OF EXERCISE Participants have until
midnight on the 6 month
anniversary of the relevant
vesting date during which
the Phantom Share Rights
can be exercised
NATURE OF TRANSACTION Acceptance of Phantom Share
Rights in terms of the
Quantum Foods Limited
Equity Settled Phantom
Share Plan (off-market)
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION Direct, Beneficial
Notes:
i) Clearance to deal in these Phantom Share Rights was obtained
in accordance with paragraph 3.66 of the Listings
Requirements of the JSE Limited.
ii) 50% of the Phantom Share Rights will vest in 3 tranches of
33.33% each on the vesting dates specified above.
iii) 50% of the Phantom Share Rights will vest in 3 tranches of
33.33% on the vesting dates specified above, subject to a
formula based on the compound growth of the Company's headline
earnings per share from the financial year prior to the date
of grant of the Phantom Share Rights to the financial year
prior to the date of exercise.
iv) The total number of Quantum shares that will be issued to the
directors pursuant to the exercise of the Phantom Share Rights
will be determined according to a formula based on the growth
in the share price of Quantum from the date of grant of the
Phantom Share Rights to the date of exercise. Accordingly,
the total number of shares and monetary value thereof will
only be determined at a future date.
v) An additional SENS announcement will be made upon the exercise
of the Phantom Share Rights by each director disclosing the
exact number of shares issued and the monetary value thereof
in accordance with the JSE Listings Requirements.
29 February 2016
Wellington
Sponsor
PSG Capital (Pty) Ltd
Date: 29/02/2016 12:00:00 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
