Grant and acceptance of options in terms of the KAP performance share rights scheme
KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
JSE alpha code: KAP
LEI code: 3789001F51BC0045FD42
(“KAP” or “the Company”)
GRANT AND ACCEPTANCE OF OPTIONS IN TERMS OF THE KAP PERFORMANCE SHARE RIGHTS
SCHEME
In compliance with paragraphs 6.42 of the Debt Listings Requirements, the following information regarding the
grant and acceptance of options by certain executive directors of KAP and of its major subsidiaries, in terms of
the KAP Performance Share Rights Scheme (“KAP SRS”), is disclosed:
NAME OF DIRECTOR GN Chaplin (1)
FH Olivier (2)
SP Lunga (3)
G Victor (4)
W Killian (5)
JN van Niekerk (6)
WC Els (7)
COMPANY OF WHICH A DIRECTOR KAP Industrial Holdings Ltd (1-3)
PG Bison (Pty) Ltd* (4-5)
Safripol (Pty) Ltd* (6-7)
* major subsidiary of the Company
STATUS: EXECUTIVE/NON-EXECUTIVE Executive (1-7)
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares (1-7)
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the KAP SRS
(off-market transaction) (1-7)
DATE OF AWARD OF OPTIONS 1 December 2022 (1-7)
DATE OF ACCEPTANCE OF OPTIONS 2 December 2022 (1-7)
OPTION STRIKE PRICE R0.20 (1-7)
NUMBER OF OPTIONS GRANTED AND 4 020 903 (1)
ACCEPTED 2 540 022 (2)
1 369 342 (3)
1 369 342 (4)
470 331 (5)
1 369 342 (6)
466 929 (7)
VESTING DATE OF OPTIONS The options will vest on the third
Anniversary of the award date,
subject to the achievement of the
relevant performance criteria (1-7)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial (1-7)
TRANSACTION
Notwithstanding the fact that the grant and acceptance of the options have taken place in terms of the rules of
the KAP SRS, clearance for the above was obtained in terms of paragraph 6.45 of the Debt Listings
Requirements.
Stellenbosch
5 December 2022
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 05-12-2022 03:00:00
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