INVICTA HOLDINGS LIMITED - Directors Dealings: Acceptance of Award

Director’s Dealings: Acceptance of Award

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
JSE ordinary Share code: IVT ordinary Share ISIN ZAE000029773
JSE preference Share code: IVTP preference Share ISIN: ZAE000173399
A2X ordinary share code: IVTJ
A2X preference share code: IVTPJ
(“Invicta” or the “Company”)


DIRECTOR’S DEALINGS: ACCEPTANCE OF AWARD


In terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the chief executive officer retention scheme, details of which were
disclosed in the remuneration report forming part of the integrated annual report for the year ended 31
March 2023 (“CEO Retention Scheme”).

Set out below are details of the acceptance of the award made by the Company in terms of the CEO
Retention Scheme, which commenced on 1 April 2023:

 Name of director:                                        Steven Joffe
 Nature of transaction:                                   Acceptance of award in terms of the CEO
                                                          Retention Scheme (off-market)
 Class of securities:                                     Ordinary shares
 Acceptance date:                                         22 September 2023
 Vesting date:                                            29 March 2024
 Deemed price:                                            R26,02*
 Number of awards:                                        100,000**
 Total deemed value of transaction:                       R2,602,000
 Extent of interest:                                      Direct beneficial
 Clearance to deal obtained:                              Yes

*Closing price of an Invicta ordinary share on 21 September 2023
**Number of shares that actually vest will be reduced to account for the deduction of tax


Johannesburg
28 September 2023

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

Date: 28-09-2023 03:00:00
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