QUANTUM FOODS HOLDINGS LIMITED - Dealings in securities by directors, a director of a major subsidiary and an associate of a director of the company

Dealings in securities by directors, a director of a major subsidiary and an associate of a director of the company

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: ZAE000193686
(“Quantum Foods” or the “Company”)

DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY, A DIRECTOR OF A MAJOR SUBSIDIARY OF
THE COMPANY AND AN ASSOCIATE OF A DIRECTOR OF THE COMPANY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”),
shareholders of Quantum Foods are hereby advised that, on 12 September 2023, certain members of senior
management of Quantum Foods, including directors of the Company and a director of a major subsidiary of the
Company, (collectively, “Management”), accepted an offer to dispose of some of their ordinary shares in Quantum
Foods (“Ordinary Shares”) to Aristotle Africa S.à.r.l. (“Aristotle”), an associate of a director of the Company (“Offer”),
as further detailed below, which Ordinary Shares were received by Management pursuant to the exercise of their vested
Phantom Share Rights in terms of the Quantum Foods Holdings Limited Equity Settled Phantom Share Plan, as
announced on SENS on 12 September 2023.

Dealings by Management:

 Nature of transaction:                                        Acceptance of the Offer and resultant disposal of
                                                               Ordinary Shares (“Disposal”)
 Date of Disposal:                                             14 September 2023
 Price per Ordinary Share:                                     R4.85
 Nature and extent of interest:                                Direct beneficial
 On-market or off-market:                                      Off-market
 Clearance given in terms of paragraph 3.66 of the Listings    Yes
 Requirements:

Transaction 1:

 Name of executive director of the Company:                    Hendrik Albertus Lourens
 Number of Ordinary Shares sold:                               140 526
 Total value of Ordinary Shares sold:                          R681 551.10

Transaction 2:

 Name of executive director of the Company:                    André Hugo Muller
 Number of Ordinary Shares sold:                               55 544
 Total value of Ordinary Shares sold:                          R269 388.40

Transaction 3:

 Name of director of a major subsidiary of the Company:        Roelof Viljoen
 Name of major subsidiary of the Company:                      Quantum Foods Proprietary Limited
 Number of Ordinary Shares sold:                               44 874
 Total value of Ordinary Shares sold:                          R217 638.90

                                                                                                                        
Dealings by an associate of a director of the Company:

 Name of director:                                             Gary Vaughan-Smith
 Name of associate:                                            Aristotle
 Relationship with director:                                   Aristotle is ultimately owned by Silverlands II SCSp
                                                               (Silverlands II Fund), which fund is managed by
                                                               SilverStreet Management II S.à r.l. (the “General
                                                               Partner”) and advised by SilverStreet Capital LLP (the
                                                               “Investment Adviser”). Gary Vaughan-Smith is the
                                                               founding member of the Investment Adviser and a
                                                               manager of the General Partner as well as the
                                                               beneficiary of The GVS Family Trust, which trust is the
                                                               controlling shareholder of the General Partner
 Nature of the transaction:                                    Acquisition of Ordinary Shares resulting from
                                                               Management’s acceptance of the Offer (“Acquisition”)
 Date of Acquisition:                                          14 September 2023
 Number of Ordinary Shares:                                    595 187
 Price per Ordinary Share:                                     R4.85
 Total value of Ordinary Shares:                               R2 886 656.95
 Nature and extent of interest:                                Indirect beneficial
 On-market or off-market:                                      Off-market
 Clearance given in terms of paragraph 3.66 of the Listings    Yes
 Requirements:


Wellington
15 September 2023

Corporate advisor and Sponsor
One Capital

Attorneys
Webber Wentzel




                                                                                                                        2

Date: 15-09-2023 08:40:00
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.