MOTUS HOLDINGS LIMITED - Vesting of Shares and Awards in terms of the Motus Holdings Share Incentive Scheme

Vesting of Shares and Awards in terms of the Motus Holdings Share Incentive Scheme

MOTUS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2017/451730/06)
Share code: MTH  ISIN: ZAE000261913
(“Motus” or “the Company”)


VESTING OF SHARES AND AWARDS IN TERMS OF THE MOTUS HOLDINGS SHARE INCENTIVE
SCHEME


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of the JSE
Limited, the following information is disclosed in relation to the directors of the Company:


Conditional Share Plan (“CSP”)
Motus granted CSP awards to executive directors of the Company in 2020 (with a three-year vesting
period), which vested on 15 September 2023 at 75% during the performance period from 1 July 2020
to 30 June 2023, after applying the related performance conditions (“2020 CSP Awards”). The 2020
CSP Awards were granted at a deemed price of R29.20 per share, being the volume weighted average
price (“VWAP”) for the month of May 2020.

Additional details of the transactions are disclosed below.

Director:                                                OS Arbee
Position:                                                Executive Director
Nature of transaction:                                   Vesting of 2020 CSP Awards off market
Class of securities:                                     Ordinary shares of no-par value
Nature of interest:                                      Direct beneficial
Number of shares vesting:                                216 663
Deemed price:                                            R96,2543
Total value:                                             R20 854 745,40

Director:                                                OJ Janse van Rensburg
Position:                                                Executive Director
Nature of transaction:                                   Vesting of 2020 CSP Awards off market
Class of securities:                                     Ordinary shares of no-par value
Nature of interest:                                      Direct beneficial
Number of shares vesting:                                198 630
Deemed price:                                            R96,2543
Total value:                                             R19 118 991,60

Director:                                                KA Cassel
Position:                                                Executive Director
Nature of transaction:                                   Vesting of 2020 CSP Awards off market
Class of securities:                                     Ordinary shares of no-par value
Nature of interest:                                      Direct beneficial
Number of shares vesting:                                125 856
Deemed price:                                            R96,2543
Total value:                                             R12 114 181,18

The prerequisite clearance to deal was obtained for the above-mentioned transactions.


Bedfordview
15 September 2023

Sponsor
Merchantec Capital

Date: 15-09-2023 04:45:00
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