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FAIRVEST LIMITED - Dealings in securities by directors of Fairvest

Release Date: 17/03/2023 14:50
Code(s): FTA FTB     PDF:  
Wrap Text
Dealings in securities by directors of Fairvest

Fairvest Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: FTA ISIN: ZAE000304788
JSE share code: FTB ISIN: ZAE000304796
LEI: 378900E93AFC4D1CAD45
(Granted REIT status with the JSE)
(“Fairvest”)


DEALINGS IN SECURITIES BY DIRECTORS OF FAIRVEST


Shareholders are advised of the following information relating to the award and acceptance of conditional
rights to Fairvest B ordinary shares (“Performance B Shares”) in terms of the Conditional Share Plan
(the “Plan”) for the period commencing on 1 October 2022, which will vest on 30 September 2025, subject
to the employment and performance vesting conditions contained in the rules of the Plan.

Name of director:                         Darren Wilder
Transaction date:                         16 March 2023
Class of securities:                      Fairvest B ordinary shares
Number of ordinary shares awarded:        2 019 231
Total deemed value of transaction:        R6 037 500.69 (at a deemed price per security of R2.99)
Nature of transaction:                    Off-market acceptance of Performance B Shares in terms of the
                                          Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received:               Yes

Name of director:                         Jacques Kriel
Transaction date:                         16 March 2023
Class of securities:                      Fairvest B ordinary shares
Number of ordinary shares awarded:        1 307 692
Total deemed value of transaction:        R3 909 999.08 (at a deemed price per security of R2.99)
Nature of transaction:                    Off-market acceptance of Performance B Shares in terms of the
                                          Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received:               Yes

17 March 2023

Sponsor
Java Capital

Date: 17-03-2023 02:50:00
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