AVI LIMITED - Dealing in AVI Shares by an AVI Director and the AVI Company Secretary

Dealing in AVI Shares by an AVI Director and the AVI Company Secretary

AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY AN AVI DIRECTOR AND THE AVI COMPANY
SECRETARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:

Name of director             :   Owen Cressey
Name of company              :   AVI
Date of transaction          :   11 December 2020
Number of options granted    :   12 229
Option allocation price      :   R97.55
Total value of transaction   :   R1 192 938.95
Class of securities          :   Ordinary shares
Nature of transaction        :   Exercise of options granted in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Owen Cressey
Name of company              :   AVI
Date of transaction          :   11 December 2020
Number of options granted    :   12 229
Price per share              :   R75.00
Total value of transaction   :   R917 175.00
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares in terms of the
                                 options exercised above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Company secretary            :   Sureya Scheepers
Name of company              :   AVI
Date of transaction          :   11 December 2020
Number of options granted    :   734
Option allocation price      :   R97.55
Total value of transaction   :   R71 601.70
Class of securities          :   Ordinary shares
Nature of transaction        :   Exercise of options granted in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Company secretary            :   Sureya Scheepers
Name of company              :   AVI
Date of transaction          :   11 December 2020
Number of options granted    :   734
Price per share              :   R75.00
Total value of transaction   :   R55 050.00
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares in terms of the
                                 options exercised above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.


Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
14 December 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 14-12-2020 12:42:00
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