ASTRAL FOODS LIMITED - Vesting of Shares in Terms of the Forfeitable Share Plan

Vesting of Shares in Terms of the Forfeitable Share Plan

ASTRAL FOODS LIMITED
“Astral Foods”
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757

VESTING OF SHARES IN TERMS OF THE FORFEITABLE SHARE PLAN

In compliance with the      JSE   Listings   Requirements,   the   following
information is disclosed:

Name of director:                     CE Schutte
Designation:                          Chief Executive Officer
Nature of transaction:                64.4% vesting of shares awarded in
                                      terms of the Astral Foods
                                      Forfeitable Share Plan (“FSP”) (off-
                                      market)
Class of shares:                      Ordinary shares
Date of vesting:                      31 January 2023
Number of shares:                     34 910
Price per share:                      R160.50
Value of transaction:                 R5 603 055
Nature and extent of interest:        Direct beneficial
Clearance to deal:                    Yes


Name of director:                     GD Arnold
Designation:                          Group Chief Operating Officer
Nature of transaction:                64.4% vesting of shares awarded in
                                      terms of the Astral Foods FSP (off-
                                      market)
Class of shares:                      Ordinary shares
Date of vesting:                      31 January 2023
Number of shares:                     7 465
Price per share:                      R160.50
Value of transaction:                 R1 198 132.50
Nature and extent of interest:        Direct beneficial
Clearance to deal:                    Yes


Name of director:                     MJ Schmitz
Designation:                          Managing Director: Feed (Prescribed
                                      officer)
Nature of transaction:                64.4% vesting of shares awarded in
                                      terms of the Astral Foods FSP (off-
                                      market)
Class of shares:                      Ordinary shares
Date of vesting:                      31 January 2023
Number of shares:                     5 945
Price per share:                      R160.50
Value of transaction:                R954 172.50
Nature and extent of interest:       Direct beneficial
Clearance to deal:                   Yes


Name of director:                    E Potgieter
Designation:                         Director: Risk Management
                                     (Prescribed officer)
Nature of transaction:               64.4% vesting of shares awarded in
                                     terms of the Astral Foods FSP (off-
                                     market)
Class of shares:                     Ordinary shares
Date of vesting:                     31 January 2023
Number of shares:                    4 111
Price per share:                     R160.50
Value of transaction:                R659 815.50
Nature and extent of interest:       Direct beneficial
Clearance to deal:                   Yes


Name of director:                    G Jordaan
Designation:                         Human Resources Executive
                                     (Prescribed officer)
Nature of transaction:               64.4% vesting of shares awarded in
                                     terms of the Astral Foods FSP (off-
                                     market)
Class of shares:                     Ordinary shares
Date of vesting:                     31 January 2023
Number of shares:                    4 085
Price per share:                     R160.50
Value of transaction:                R655 642.50
Nature and extent of interest:       Direct beneficial
Clearance to deal:                   Yes


Pretoria
6 February 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 06-02-2023 04:21:00
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