Exercise of options by a director and dealings in shares by a director
SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB ISIN: ZAE000086229
(“SilverBridge” or “the Company”)
EXERCISE OF OPTIONS BY A DIRECTOR AND DEALINGS IN SHARES BY A DIRECTOR
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:
Exercise of options
NAME OF DIRECTOR Jaco Swanepoel
COMPANY OF WHICH A DIRECTOR SilverBridge Holdings Limited
STATUS Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
exercise of options in terms of the
employee share incentive scheme known
as the “Share Incentive Scheme”
administered by the SVB Trust in terms of
the trust deed of the Silverbridge
Employee Share Trust (“SVB Trust”), as
approved by SVB Shareholders on
9 September 2009 (“Trust Deed”)
(off-market transaction)
DATE OF EXERCISE OF OPTIONS 15 September 2022
VESTING DATE OF OPTIONS EXERCISED 20 November 2018
OPTION STRIKE PRICE R0.8042
NUMBER OF OPTIONS EXERCISED 1,360,000
PERIOD OF EXERCISE Participants have a 60-month period from
the vesting date during which options can
be exercised
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Acceptance of the offer that the Company received from ROX Equity Partners Limited (“ROX”)
to acquire from SilverBridge shareholders all the issued ordinary shares in the capital of the
Company (“Shares”) for a cash consideration of R2.00 per Share on and subject to the further
terms and conditions contained therein (the "Offer").
Acceptance of Offer
NAME OF DIRECTOR Jaco Swanepoel
COMPANY OF WHICH A DIRECTOR SilverBridge Holdings Limited
STATUS Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acceptance of the Offer (off-market
transaction)
DATE OF ACCEPTANCE 15 September 2022 (1)
16 September 2022 (2)
PRICE PER SECURITY R2.00 (1-2)
NUMBER OF SECURITIES TRANSACTED 1,551,200 (1)
1,360,000 (2)
TOTAL RAND VALUE OF SECURITIES R3,102,400 (1)
TRANSACTED R2,720,000 (2)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
The closed period of the Company ended on 14 September 2022 and accordingly, clearance
for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
The Independent Board individually and collectively accepts full responsibility for the accuracy
of the information contained in this announcement. In addition, the Independent Board certifies
that to the best of its knowledge and belief, the information contained in this announcement
solely pertaining to the Company is true and, where appropriate, does not omit anything that
is likely to affect the importance of the information contained herein, and that all reasonable
enquiries to ascertain such information have been made.
Pretoria
20 September 2022
Transaction Advisor and Designated Advisor
PSG Capital
Date: 20-09-2022 04:30:00
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