Exercise of Phantom Share Rights in terms of the Quantum Foods Equity Settled Phantom Share Plan and Sale of 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 SALE OF ORDINARY SHARES BY DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”),
shareholders of Quantum Foods are hereby advised of the following dealings in securities by executive directors of the
Company:
Nature of transaction: Delivery of Quantum Foods ordinary shares (“Ordinary
Shares”) through the exercise of the Phantom Share
Rights (“PSRs”) issued on 18 February 2016,
23 February 2017 and 22 February 2018, in terms of the
Quantum Foods Holdings Limited Equity Settled
Phantom Share Plan (“Exercise”) and subsequent sale
of Ordinary Shares (“Sale”)
Class of securities: Ordinary Shares
Vesting date of PSRs: (1) 18 February 2021
(2) 22 February 2021
(3) 23 February 2021
Period of Exercise: Participants have until midnight on the anniversary of
the relevant vesting date of PSRs to Exercise vested
PSRs
Date of Exercise: (1) 4 March 2021
(2) 4 March 2021
(3) 4 March 2021
Date of Sale: (1) 8 March 2021
(2) 8 March 2021
(3) 8 March 2021
Nature and extent of interest: Direct beneficial
On-market or off-market: Off-market
Clearance given in terms of paragraph 3.66 of the Yes
Listings Requirements:
Transaction 1:
Name of executive director: Hendrik Albertus Lourens
Exercise
Number of Ordinary Shares delivered on Exercise: (1) 122 396
(2) 340 448
(3) 472 554
Price per Ordinary Share delivered on Exercise: (1) R6.0328
(2) R6.0328
(3) R6.0328
Total value of Ordinary Shares delivered on Exercise: (1) R738 388.26
(2) R2 053 848.23
(3) R2 850 814.79
Strike price of PSRs: (1) R2.660
(2) R3.906
(3) R3.093
Sale
Number of Ordinary Shares sold: (1) 56 676
(2) 157 604
(3) 218 756
Price per Ordinary Share sold: (1) R6.010
(2) R6.010
(3) R6.010
Total value of Ordinary Shares sold: (1) R340 622.76
(2) R947 200.04
(3) R1 314 723.56
Transaction 2:
Name of executive director: André Hugo Muller
Exercise
Number of Ordinary Shares delivered on Exercise: (1) 36 260
(2) 98 620
(3) 105 818
Price per Ordinary Share delivered on Exercise: (1) R6.0328
(2) R6.0328
(3) R6.0328
Total value of Ordinary Shares delivered on Exercise: (1) R218 749.33
(2) R594 954.74
(3) R638 378.83
Strike price of PSRs: (1) R2.660
(2) R3.906
(3) R3.093
Sale
Number of Ordinary Shares sold: (1) 21 490
(2) 58 448
(3) 62 714
Price per Ordinary Share sold: (1) R6.010
(2) R6.010
(3) R6.010
Total value of Ordinary Shares sold: (1) R129 154.90
(2) R351 272.48
(3) R376 911.14
Wellington
9 March 2021
Corporate advisor and Sponsor
One Capital
Attorneys
Webber Wentzel
Date: 09-03-2021 01:32:00
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