ALEXANDER FORBES GROUP HOLDINGS LIMITED - Acceptance of long term incentive awards by group company secretary

Acceptance of long term incentive awards by group company secretary

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(“the Company” or “Alexander Forbes” or “the Group”)

ACCEPTANCE OF LONG TERM INCENTIVE AWARDS BY GROUP COMPANY SECRETARY

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders
are advised that the Group Company Secretary of the Company received allocations and
accepted awards in accordance with the Company’s long-term incentive conditional share plan
(“the Conditional Awards”) and forfeitable share plan (“the Forfeitable Awards”) as follows.
The allocations and their acceptances have received clearance from the Remuneration
Committee.

Group Company Secretary           :      CH Wessels
Company                           :      Alexander Forbes Group Holdings Limited
Date of acceptances               :      8 December 2017

Nature of transaction             :      Off market acceptance of Conditional Awards
Class of securities               :      Conditional Awards in respect of ordinary shares
Number awarded                    :      165 079
3 day VWAP                        :      R6.30
Transaction value                 :      R1 039 997.70
Nature of interest                :      Direct beneficial
Vesting period                    :      Three years from date of allocation

Nature of transaction             :      Off market acceptance of Forfeitable Awards
Class of securities               :      Forfeitable Awards in respect of ordinary shares
Number awarded                    :      645 583
3 day VWAP                        :      R6.30
Transaction value                 :      R4 067 172.90
Nature of interest                :      Direct beneficial
Vesting period                    :      239 802 awards on 1 April 2018
                                         286 481 awards on 1 April 2019
                                         78 030 awards on 1 April 2020
                                         41 270 awards on 24 July 2020


Carina Wessels
Group Company Secretary

11 December 2017


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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