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Exercise Of Options And Dealings In Shares By Directors
AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)
EXERCISE OF OPTIONS AND DEALINGS IN SHARES BY DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of options is disclosed:
1.
NAME OF DIRECTOR Andries van Heerden
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Receipt of shares as settlement of vested
rights in the Afrimat Share Appreciation
Rights scheme (Off-market transaction)
DATE OPTIONS EXERCISED 31 July 2020
OPTION STRIKE PRICE R36.11
NUMBER OF OPTIONS EXERCISED 61 038
TOTAL RAND VALUE OF OPTIONS R2 204 082.18
STRIKE DATE OF OPTIONS 16 May 2020
PERIOD OF EXERCISE Participants have a 4 year period from the
strike date during which options can be
exercised
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Pieter GS de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Receipt of shares as settlement of vested
rights in the Afrimat Share Appreciation
Rights scheme (Off-market transaction)
DATE OPTIONS EXERCISED 31 July 2020
OPTION STRIKE PRICE R36.11
NUMBER OF OPTIONS EXERCISED 26 581
TOTAL RAND VALUE OF OPTIONS R959 839.91
STRIKE DATE OF OPTIONS 16 May 2020
PERIOD OF EXERCISE Participants have a 4 year period from the
strike date during which options can be
exercised
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Receipt of shares as settlement of vested
rights in the Afrimat Share Appreciation
Rights scheme (Off-market transaction)
DATE OPTIONS EXERCISED 31 July 2020
OPTION STRIKE PRICE R36.11
NUMBER OF OPTIONS EXERCISED 9 845
TOTAL RAND VALUE OF OPTIONS R355 502.95
STRIKE DATE OF OPTIONS 16 May 2020
PERIOD OF EXERCISE Participants have a 4 year period from the
strike date during which options can be
exercised
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
DEALINGS IN SHARES BY DIRECTORS
1.
NAME OF DIRECTOR Andries van Heerden
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested rights in the Afrimat
Share Appreciation Rights scheme
(off-market transaction)
DATE OF TRANSACTION 31 July 2020
PRICE PER SECURITY R36.11
NUMBER OF SECURITIES TRANSACTED 27 467
TOTAL RAND VALUE OF SECURITIES R991 833.37
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Pieter GS de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested rights in the Afrimat
Share Appreciation Rights scheme
(off-market transaction)
DATE OF TRANSACTION 31 July 2020
PRICE PER SECURITY R36.11
NUMBER OF SECURITIES TRANSACTED 11 962
TOTAL RAND VALUE OF SECURITIES R431 947.82
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested rights in the Afrimat
Share Appreciation Rights scheme
(off-market transaction)
DATE OF TRANSACTION 31 July 2020
PRICE PER SECURITY R36.11
NUMBER OF SECURITIES TRANSACTED 4 430
TOTAL RAND VALUE OF SECURITIES R159 967.30
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Cape Town
3 August 2020
Sponsor
PSG Capital
Date: 03-08-2020 11:00:00
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