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

Exercise Of Phantom Share Rights In Terms Of The Equity Settled Phantom Share Plan And Dealings 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 DEALINGS 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:

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               28 February 2020
RIGHTS

VESTING DATE OF PHANTOM SHARE                   27 February 2020
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                       80 842
DELIVERED

PRICE PER ORDINARY SHARE                        R3.4041
DELIVERED

TOTAL RAND VALUE OF ORDINARY                    R275 198.21
SHARES DELIVERED

PHANTOM SHARE RIGHTS STRIKE                     R3.148
PRICE

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

DEALINGS IN COMPANY SHARES

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 TRANSACTIONS                            2 March 2020                      (1)

                                                3 March 2020                      (2)

NUMBER OF SECURITIES TRANSACTED                 16 000                            (1)

                                                22 544                            (2)

PRICE PER ORDINARY SHARE                        High:    R3.34                    (1)
                                                Low:     R3.30
                                                Average: R3.3017

                                                High:    R3.35                    (2)
                                                Low:     R3.30
                                                Average: R3.3074

TOTAL RAND VALUE OF SECURITIES                  R52 827.20                        (1)

                                                R74 562.02                        (2)

NATURE OF TRANSACTIONS                          Disposal of ordinary shares       (1-2)
                                                to cover taxation as a result
                                                of the exercise of the Phantom
                                                Share Rights (on-market transactions)

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial                (1-2)
THE TRANSACTIONS

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Wellington
4 March 2020

Sponsor
PSG Capital

Date: 04-03-2020 02:30:00
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