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Exercise of Options by Directors and Directors of a Major Subsidiary of the Company
CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited ("JSE") share code: CAA
Botswana Stock Exchange ("BSE") share code: CAS-EQO
ISIN: ZAE400000036
("CA&S" or the "Company")
EXERCISE OF OPTIONS BY DIRECTORS AND DIRECTORS OF A MAJOR SUBSIDIARY
OF THE COMPANY IN TERMS OF THE CA SALES HOLDINGS SHARE INCENTIVE
TRUST
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements and paragraphs
5.23 and 5.24 of the BSE Listings Requirements, respectively, the following information
regarding the exercise of options is disclosed:
1.
NAME OF DIRECTOR Duncan Lewis
COMPANY OF WHICH A DIRECTOR CA Sales Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the last
traded share price of R17.72 on
09 May 2025, and related after-tax net-equity
settlement
(Off-market transactions)
VESTING DATES 12 March 2025 (1)
13 March 2025 (2)
15 March 2025 (3)
22 March 2025 (4)
STRIKE PRICES (RAND) R5.12* (1)
R5.07* (2)
R4.74* (3)
R6.76 (4)
EXERCISE DATE 12 May 2025
NUMBER OF OPTIONS EXERCISED 431,775 (1)
284,625 (2)
343,950 (3)
240,300 (4)
NUMBER OF SHARES TO BE RECEIVED 168,860 (1)
111,753 (2)
138,569 (3)
81,745 (4)
PERIOD OF EXERCISE Participants have a 180-day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTIONS
2.
NAME OF DIRECTOR Frans Reichert
COMPANY OF WHICH A DIRECTOR CA Sales Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the last
traded share price of R17.72 on
09 May 2025, through a combination of cash
(2) and related after-tax net-equity settlement
(1, 3 & 4)
(Off-market transactions)
VESTING DATES 12 March 2025 (1)
13 March 2025 (2)
15 March 2025 (3)
22 March 2025 (4)
STRIKE PRICES (RAND) R5.12* (1)
R5.07* (2)
R4.74* (3)
R6.76 (4)
EXERCISE DATE 12 May 2025
NUMBER OF OPTIONS EXERCISED 132,800 (1)
61,225 (2)
351,925 (3)
99,650 (4)
NUMBER OF SHARES TO BE RECEIVED 51,935 (1)
61,225 (2)
141,782 (3)
33,898 (4)
PERIOD OF EXERCISE Participants have a 180-day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTIONS
3.
NAME OF DIRECTOR Kaushik Shah
COMPANY OF WHICH A DIRECTOR CA Sales and Distribution (Pty) Ltd
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the last
traded share price of R17.72 on
09 May 2025, and related after-tax net-equity
settlement
(Off-market transactions)
VESTING DATES 12 March 2025 (1)
13 March 2025 (2)
15 March 2025 (3)
22 March 2025 (4)
STRIKE PRICES (RAND) R5.12* (1)
R5.07* (2)
R4.74* (3)
R6.76 (4)
EXERCISE DATE 12 May 2025
NUMBER OF OPTIONS EXERCISED 69,750 (1)
70,800 (2)
84,125 (3)
89,850 (4)
NUMBER OF SHARES TO BE RECEIVED 37,197 (1)
37,907 (2)
46,216 (3)
41,679 (4)
PERIOD OF EXERCISE Participants have a 180-day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTIONS
4.
NAME OF DIRECTOR Vikas Mehta
COMPANY OF WHICH A DIRECTOR CA Sales and Distribution (Pty) Ltd
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the last
traded share price of R17.72 on
09 May 2025, and related after-tax net-equity
settlement
(Off-market transactions)
VESTING DATES 15 March 2025 (1)
22 March 2025 (2)
STRIKE PRICES (RAND) R4.74* (1)
R6.76 (2)
EXERCISE DATE 12 May 2025
NUMBER OF OPTIONS EXERCISED 69,525 (1)
108,450 (2)
NUMBER OF SHARES TO BE RECEIVED 38,195 (1)
50,308 (2)
PERIOD OF EXERCISE Participants have a 180-day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTIONS
* At the grant date, the strike prices were reflected in Botswana Pula. The strike prices are
reflected here in South African Rand, based on the exchange rate at each grant date.
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.
Centurion
13 May 2025
JSE Sponsor BSE Sponsoring Broker
PSG Capital Imara Capital Securities
Date: 13-05-2025 04:30:00
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