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ADVTECH LIMITED - Voluntary announcement: Vesting of Securities of former Director who retired on 30 April 2025

Release Date: 06/05/2025 11:55
Code(s): ADH     PDF:  
Wrap Text
Voluntary announcement: Vesting of Securities of former Director who retired on 30 April 2025

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

VOLUNTARY ANNOUNCEMENT: VESTING OF SECURITIES OF FORMER DIRECTOR WHO
RETIRED ON 30 APRIL 2025

The following transaction, in terms of the provisions of the ADvTECH Management Share Incentive
Scheme (MSI), is hereby disclosed regarding performance and retention shares that have vested due
to the retirement of a former director (accelerated pro-rated vesting in terms of the MSI rules):

 Name of Director:                                    JDR Oesch

 Designation:                                         Group Commercial Director (Retired)

 Nature of transaction:                               Off-Market vesting of shares (pro-rated
                                                      accelerated vesting due to retirement) obtained
                                                      in terms of the ADvTECH Limited Management
                                                      Share Incentive Scheme (MSI).

 Number of securities:                                372 457

 Dates of Award                                       10 June 2022, 23 May 2023, 21 May 2024

 Class of securities:                                 Ordinary

 Price of share:                                      R30.85

 Total value of transaction:                          R11 490 298.45

 Date of transaction:                                 6 May 2025

 Nature of interest:                                  Direct beneficial

The date of accelerated vesting is 30 April 2025. 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 11:55:00
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