QUANTUM FOODS HOLDINGS LIMITED - Exercise Of Phantom Share Rights In Terms Of Equity Settled Phantom Share Plan And Dealing In Company Shares

Exercise Of Phantom Share Rights In Terms Of Equity Settled Phantom Share Plan And Dealing In Company Shares

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”)

EXERCISE OF PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM FOODS HOLDINGS LIMITED EQUITY SETTLED 
PHANTOM SHARE PLAN AND DEALING IN COMPANY SHARES

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of phantom share rights is disclosed:

1.
NAME OF DIRECTOR                                Hendrik Albertus Lourens

COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                exercise of phantom share rights in terms
                                                of the Quantum Phantom Share Plan (off-
                                                market transaction)

DATE OF EXERCISE OF PHANTOM SHARE               20 February 2019
RIGHTS

VESTING DATE OF PHANTOM SHARE                   18 February 2019
RIGHTS EXERCISED

PERIOD OF EXERCISE                              Participants have a 12 month period from
                                                the vesting date during which Phantom
                                                Share Rights can be exercised

NUMBER OF ORDINARY SHARES                       93 490
DELIVERED

PRICE PER ORDINARY SHARE                        R3.4960
DELIVERED

TOTAL RAND VALUE OF ORDINARY                    R326 841.04
SHARES DELIVERED

PHANTOM SHARE RIGHTS STRIKE PRICE               R2.660

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

2.
NAME OF DIRECTOR                                André Muller

COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                exercise of phantom share rights in terms
                                                of the Quantum Phantom Share Plan (off-
                                                market transaction)

DATE OF EXERCISE OF PHANTOM SHARE               21 February 2019
RIGHTS

VESTING DATE OF PHANTOM SHARE                   18 February 2019
RIGHTS EXERCISED

PERIOD OF EXERCISE                              Participants have a 12 month period from
                                                the vesting date during which Phantom
                                                Share Rights can be exercised

NUMBER OF ORDINARY SHARES                       27 954
DELIVERED

PRICE PER ORDINARY SHARE                        R3.5219
DELIVERED

TOTAL RAND VALUE OF ORDINARY                    R98 451.19
SHARES DELIVERED

PHANTOM SHARE RIGHTS STRIKE PRICE               R2.660

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

DEALINGS IN COMPANY SHARES

1.
NAME OF DIRECTOR                                Hendrik Albertus Lourens

COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE OF TRANSACTION                             20 February 2019

NUMBER OF SECURITIES TRANSACTED                 43 052

PRICE PER ORDINARY SHARE                        R3.5000

TOTAL RAND VALUE OF SECURITIES                  R150 682.00

NATURE OF TRANSACTION                           Disposal of ordinary shares to cover
                                                taxation as a result of the exercise of the
                                                Phantom Share Rights (on-market
                                                transaction

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

2.
NAME OF DIRECTOR                                André Muller

COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

DATE OF TRANSACTION                             21 February 2019

NUMBER OF SECURITIES TRANSACTED                 13 012

PRICE PER ORDINARY SHARE                        R3.5000

TOTAL RAND VALUE OF SECURITIES                  R45 542.00

NATURE OF TRANSACTION                           Disposal of ordinary shares to cover
                                                taxation as a result of the exercise of the
                                                Phantom Share Rights (on-market
                                                transaction

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.

Wellington
22 February 2019

Sponsor
PSG Capital

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