INVICTA HOLDINGS LIMITED - Grant and acceptance of Long-Term Bonus and Share Incentive Rights (LBSIRs)

Grant and acceptance of Long-Term Bonus and Share Incentive Rights (“LBSIRs”)

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN: ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta” or “the Company”)

      Grant and acceptance of Long-Term Bonus and Share Incentive Rights (“LBSIRs”)

The following information is disclosed in terms of the Listing Requirements of the JSE Limited in respect of
the grant of LBSIRs to the following executive directors and company secretary:

 1.    Name of director:           C Barnard
       Company:                    Invicta Holdings Limited
       Nature of transaction:      Grant and acceptance of LBSIRs in terms of the Invicta LBSIR
                                   scheme. The participant will be paid for each LBSIR granted by
                                   the growth in value of the LBSIR as calculated from the grant date
                                   and grant price until the exercise date. The LBSIR payment will
                                   be made in Invicta ordinary shares.
       Number of LBSIRs:           237 306
       Class of securities:        LBSIRs in respect of ordinary Invicta shares
       Grant date:                 31 January 2022
       Acceptance date:            2 February 2022
       Grant price per LBSIR:      R30.44
       Value per LBSIR:            R12.33
       Value of transaction:       R 2,925,556
       Vesting period:             LBSIRs will vest after 3 years, subject to performance conditions
       Nature of interest:         Direct Beneficial
       Trade:                      Off-market
       Clearance obtained:         Yes

 2.    Name of director:           SB Joffe
       Company:                    Invicta Holdings Limited
       Nature of transaction:      Grant and acceptance of LBSIRs in terms of the Invicta LBSIR
                                   scheme. The participant will be paid for each LBSIR granted by
                                   the growth in value of the LBSIR as calculated from the grant date
                                   and grant price until the exercise date. The LBSIR payment will
                                   be made in Invicta ordinary shares.
       Number of LBSIRs:           616 082
       Class of securities:        LBSIRs in respect of ordinary Invicta shares
       Grant date:                 31 January 2022
       Acceptance date:            31 January 2022
       Grant price per LBSIR:      R30.44
       Value per LBSIR:            R12.33
       Value of transaction:       R 7,595,182
       Vesting period:             LBSIRs will vest after 3 years, subject to performance conditions
       Nature of interest:         Direct Beneficial
       Trade:                      Off-market
       Clearance obtained:         Yes

3.     Name of director:           GM Pelser
       Company:                    Invicta Holdings Limited
       Nature of transaction:      Grant and acceptance of LBSIRs in terms of the Invicta LBSIR
                                   scheme. The participant will be paid for each LBSIR granted by
                                   the growth in value of the LBSIR as calculated from the grant date
                                   and grant price until the exercise date. The LBSIR payment will
                                   be made in Invicta ordinary shares.
       Number of LBSIRs:           344 941
       Class of securities:        LBSIRs in respect of ordinary Invicta shares
       Grant date:                 31 January 2022
       Acceptance date:            8 February 2022
       Grant price per LBSIR:      R30.44
       Value per LBSIR:            R12.33
       Value of transaction:       R4,252,502
       Vesting period:             LBSIRs will vest after 3 years, subject to performance conditions
       Nature of interest:         Direct Beneficial
       Trade:                      Off-market
       Clearance obtained:         Yes

4.     Name of director:           N Rajmohamed
       Company:                    Invicta Holdings Limited
       Nature of transaction:      Grant and acceptance of LBSIRs in terms of the Invicta LBSIR
                                   scheme. The participant will be paid for each LBSIR granted by
                                   the growth in value of the LBSIR as calculated from the grant date
                                   and grant price until the exercise date. The LBSIR payment will
                                   be made in Invicta ordinary shares.
       Number of LBSIRs:           223 315
       Class of securities:        LBSIRs in respect of ordinary Invicta shares
       Grant date:                 31 January 2022
       Acceptance date:            1 February 2022
       Grant price per LBSIR:      R30.44
       Value per LBSIR:            R12.33
       Value of transaction:       R2,753,072
       Vesting period:             LBSIRs will vest after 3 years, subject to performance conditions
       Nature of interest:         Direct Beneficial
       Trade:                      Off-market
       Clearance obtained:         Yes

 5.    Name of company secretary:  L Mpumlwana
       Company:                    Invicta Holdings Limited
       Nature of transaction:      Grant and acceptance of LBSIRs in terms of the director’s
                                   employment contract and the Invicta LBSIR scheme. The
                                   participant will be paid for each LBSIR granted by the growth in
                                   value of the LBSIR as calculated from the grant date and grant
                                   price until the exercise date. The LBSIR payment will be made
                                   in Invicta ordinary shares.
       Number of LBSIRs:           114 323
       Class of securities:        LBSIRs in respect of ordinary Invicta shares
       Grant date:                 31 January 2022
       Acceptance date:            1 February 2022
       Grant price per LBSIR:      R30.44
       Value per LBSIR:            R12.33
       Value of transaction:       R1,409,397
       Vesting period:             LBSIRs will vest after 3 years, subject to performance conditions
       Nature of interest:         Direct Beneficial
       Trade:                      Off-market
       Clearance obtained:         Yes

Johannesburg
10 February 2022

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-02-2022 07:55:00
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