AVENG LIMITED - Dealing in securities in terms of the Aveng Long Term Incentive Plan

Dealing in securities in terms of the Aveng Long Term Incentive Plan

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000302618
SHARE CODE: AEG

DEALING IN SECURITIES IN TERMS OF THE AVENG LONG TERM INCENTIVE PLAN (LTIP)

In terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the grant and acceptance of the Long-Term Incentive Plan
Performance shares in off-market transactions to the executive directors and prescribed officers of
Aveng Limited on 29 June 2023

The Long-Term Incentive Plan Performance Shares awarded to (off-market) and accepted:

Name:                                            Sean Joseph Flanagan
Company:                                         Aveng Limited
Position:                                        Chief Executive Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  936 900
Award price per share:                           R8.74
Total value:                                     R8 188 506
Nature of Interest:                              Direct beneficial

Name:                                            Adrian Henry Macartney
Company:                                         Aveng Limited
Position:                                        Financial Director
Date of Transaction:                             29 June 2023
Shares Awarded:                                  630 600
Award price per share:                           R8.74
Total value:                                     R5 511 444
Nature of Interest:                              Direct beneficial

Name:                                            Liesl Tweedie
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  211 000
Award price per share:                           R8.74
Total value:                                     R1 844 140
Nature of Interest:                              Direct beneficial

Name:                                            Dale Morrison
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  493 300
Award price per share:                           R8.74
Total value:                                     R4 311 442
Nature of Interest:                              Direct beneficial

Name:                                            Scott Cummins
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  1 281 500
Award price per share:                           R8.74
Total value:                                     R11 200 310
Nature of Interest:                              Direct beneficial

Name:                                            Reginald Engelbrecht
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  242 100
Award price per share:                           R8.74
Total value:                                     R2 115 954
Nature of Interest:                              Direct beneficial

The necessary clearance in terms of paragraph 3.66 of the JSE Listings Requirements has been
obtained

3 July 2023
Melrose Arch

JSE Sponsor
Investec Bank Limited

Itumeleng Lepere
Stakeholder Engagement Lead
Tel: 011 779 2800
Email: investor.relations@avenggroup.com

Date: 03-07-2023 01:02:00
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