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CA SALES HOLDINGS LIMITED - Correction Announcement: Acceptance Of Options By A Director

Release Date: 29/08/2022 12:00
Code(s): CAA     PDF:  
Wrap Text
Correction Announcement: Acceptance Of Options By A Director

CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
Share code: CAA
ISIN: ZAE400000036
(“CA&S” or “the Company”)

CORRECTION ANNOUNCEMENT: ACCEPTANCE OF OPTIONS BY A DIRECTOR

Shareholders are referred to the CA&S announcement titled “Acceptance of Options by a
Director and Directors of a Major Subsidiary in terms of the Company Share Incentive
Scheme”, which was published on the Cape Town Stock Exchange (“CTSE”) News Service
and Botswana Stock Exchange News Service, respectively, on 7 April 2022
(“the Announcement”).

The Company has identified a typographical error in the Announcement, where the number
of options accepted by Mr Duncan Lewis had been erroneously stated as “984 600” instead
of “1 375 800”.

The remainder of the Announcement remains unchanged.

Below is an extract of the amended section of the Announcement for ease of reference.

 NAME OF DIRECTOR                              Duncan Lewis
 COMPANY OF WHICH A DIRECTOR                   CA Sales Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE               Executive
 TYPE AND CLASS OF SECURITIES                  Options to acquire ordinary shares
 NATURE OF TRANSACTION                         Acceptance of award of options to acquire
                                               ordinary shares in terms of the Company
                                               Share Incentive Scheme (off-market
                                               transaction)
 DATE OF ACCEPTANCE OF OPTIONS                 6 April 2022
 DATE OF AWARD OF OPTIONS                      15 March 2022
 OPTION STRIKE PRICE                           BWP 3.65
 NUMBER OF OPTIONS ACCEPTED                    1 375 800
 VESTING DATES OF OPTIONS                      The options will vest in four tranches of
                                               25% each, on the following dates:
                                               April 2024
                                               April 2025
                                               April 2026
                                               April 2027
 PERIOD OF EXERCISE                            Participants have a 180-day period from
                                               the vesting date during which options can
                                               be exercised
 NATURE AND EXTENT OF INTEREST IN              Direct, beneficial
 THE TRANSACTION

Centurion
29 August 2022

JSE Sponsor
PSG Capital

Independent Joint JSE Sponsor
Tamela Holdings

BSE Sponsoring Broker
Imara Capital Securities

Date: 29-08-2022 12:00:00
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