INVICTA HOLDINGS LIMITED - Dealings in Securities by a Director of a Major Subsidiary

Dealings in Securities by a Director of a Major Subsidiary

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”)


DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following should be noted in
respect of a dealings in securities by a director of a major subsidiary in terms of the Invicta Long Term Bonus and Share
Incentive Scheme 2006 (“LBSIR”):

  Name of director:                        B Groenewald
  Company:                                 Bearing Man Group (Pty) Ltd
  Nature of transaction:                   Grant and acceptance of LBSIRs (off market) in Invicta. 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 settled in Invicta ordinary shares.
  Number of LBSIRs:                        186 846
  Class of securities:                     LBSIRs in respect of ordinary shares
  Grant date:                              23 March 2023
  Acceptance date:                         31 March 2023
  Grant price per LBSIR:                   R26.50
  Value per LBSIR:                         R10.27
  Value of transaction:                    R 1,918,908.42
  Vesting period:                          LBSIRs will vest after 3 years, with 85% thereof being subject to the
                                           satisfaction of performance conditions
  Nature of interest:                      Direct beneficial
  Clearance obtained:                      Yes


Johannesburg
6 April 2023

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

Date: 06-04-2023 11:00:00
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