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ADVTECH LIMITED - Dealings in securities by a director of the company

Release Date: 06/05/2025 11:50
Code(s): ADH     PDF:  
Wrap Text
Dealings in securities by a director of the company

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH           ISIN: ZAE000031035
("ADvTECH")

DEALINGS IN SECURITIES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
transactions relating to dealings by a director is hereby disclosed, in terms of the provisions of the
ADvTECH Management Share Incentive Scheme (MSI), regarding performance and retention shares.

The director was awarded 730 459 shares in terms of his employment contract and the requirements
to which such awards were subjected to have been satisfied as of 1 May 2025.

 Name of Director:                                  GD Whyte

 Designation:                                       Chief Executive Officer

 Nature of transaction:                             [Off-Market] satisfaction of employment and
                                                    performance conditions for shares awarded in
                                                    terms of the MSI.

 Number of securities:                              730 459

 Date of Award                                      1 March 2024

 Class of securities:                               Ordinary

 Price of share:                                    R30.85

 Total value of transaction:                        R22 534 660.15

 Date of transaction:                               6 May 2025

 Nature of interest:                                Direct beneficial

The director has committed the aforesaid shares to be held in escrow for a further period of 12-months
towards meeting his minimum shareholding requirements in terms of the Minimum Shareholding
Requirements Policy of the group. In terms of paragraph 3.66 of the Listings Requirements, the
necessary clearance to deal has been obtained for all the transactions set out above.

6 May 2025
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 06-05-2025 11:50:00
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