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STADIO HOLDINGS LIMITED - Award And Acceptance Of Options In Terms Of The Stadio Group Share Incentive Scheme

Release Date: 26/04/2023 16:30
Code(s): SDO     PDF:  
Wrap Text
Award And Acceptance Of Options In Terms Of The Stadio Group Share Incentive Scheme

STADIO HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/371398/06)
Share code: SDO
ISIN: ZAE000248662
LEI: 3789007C8FB26515D966
(“STADIO Holdings”)

AWARD AND ACCEPTANCE OF OPTIONS IN TERMS OF THE STADIO GROUP SHARE
INCENTIVE SCHEME

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of options by directors and a prescribed officer of
STADIO Holdings and a director of a major subsidiary of STADIO Holdings are disclosed to
shareholders:

1.
NAME OF DIRECTOR                                Mr Christian Phillipus David Vorster

COMPANY OF WHICH A DIRECTOR                     STADIO Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares in STADIO
                                                Holdings

NATURE OF TRANSACTION                           Acceptance of award of options to acquire
                                                ordinary shares in STADIO Holdings in terms of
                                                the STADIO Group Share Incentive Scheme (off-
                                                market transaction)

DATE OF ACCEPTANCE OF OPTIONS                   25 April 2023

DATE OF AWARD OF OPTIONS                        3 April 2023

OPTION STRIKE PRICE                             R4.58

NUMBER OF OPTIONS ACCEPTED                      885 342

VESTING DATES OF OPTIONS                        The options will vest in four tranches of 25%
                                                each, on the following dates:
                                                3 April 2025
                                                3 April 2026
                                                3 April 2027
                                                3 April 2028

 PERIOD OF EXERCISE                             Participants have a 30-day period from the
                                                vesting date during which options can be
                                                exercised

 NATURE AND EXTENT OF INTEREST IN               Direct, beneficial
 THE TRANSACTION

2.
NAME OF DIRECTOR                     Dr Divya Singh

COMPANY OF WHICH A DIRECTOR          STADIO Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE      Executive

TYPE AND CLASS OF SECURITIES         Options to acquire ordinary shares in STADIO
                                     Holdings

NATURE OF TRANSACTION                Acceptance of award of options to acquire
                                     ordinary shares in STADIO Holdings in terms of
                                     the STADIO Group Share Incentive Scheme (off-
                                     market transaction)

DATE OF ACCEPTANCE OF OPTIONS        25 April 2023

DATE OF AWARD OF OPTIONS             3 April 2023

OPTION STRIKE PRICE                  R4.58

NUMBER OF OPTIONS ACCEPTED           966 598

VESTING DATES OF OPTIONS             The options will vest in four tranches of 25%
                                     each, on the following dates:
                                     3 April 2025
                                     3 April 2026
                                     3 April 2027
                                     3 April 2028

PERIOD OF EXERCISE                   Participants have a 30-day period from the
                                     vesting date during which options can be
                                     exercised

NATURE AND EXTENT OF INTEREST IN     Direct, beneficial
THE TRANSACTION


3.
NAME OF DIRECTOR                     Ms Samara Totaram

COMPANY OF WHICH A DIRECTOR          STADIO Holdings Limited

STATUS: EXECUTIVE/NON-EXECUTIVE      Executive

TYPE AND CLASS OF SECURITIES         Options to acquire ordinary shares in STADIO
                                     Holdings

NATURE OF TRANSACTION                Acceptance of award of options to acquire
                                     ordinary shares in STADIO Holdings in terms of
                                     the STADIO Group Share Incentive Scheme (off-
                                     market transaction)

DATE OF ACCEPTANCE OF OPTIONS        25 April 2023
DATE OF AWARD OF OPTIONS             3 April 2023

OPTION STRIKE PRICE                  R4.58

NUMBER OF OPTIONS ACCEPTED           911 913

VESTING DATES OF OPTIONS             The options will vest in four tranches of 25%
                                     each, on the following dates:
                                     3 April 2025
                                     3 April 2026
                                     3 April 2027
                                     3 April 2028

PERIOD OF EXERCISE                   Participants have a 30-day period from the
                                     vesting date during which options can be
                                     exercised

NATURE AND EXTENT OF INTEREST IN     Direct, beneficial
THE TRANSACTION


4.
NAME OF PRESCRIBED OFFICER           Mr Jacobus Johannes Human

COMPANY OF WHICH A PRESCRIBED        STADIO Holdings Limited
OFFICER

TYPE AND CLASS OF SECURITIES         Options to acquire ordinary shares in STADIO
                                     Holdings

NATURE OF TRANSACTION                Acceptance of award of options to acquire
                                     ordinary shares in STADIO Holdings in terms of
                                     the STADIO Group Share Incentive Scheme (off-
                                     market transaction)

DATE OF ACCEPTANCE OF OPTIONS        25 April 2023

DATE OF AWARD OF OPTIONS             3 April 2023

OPTION STRIKE PRICE                  R4.58

NUMBER OF OPTIONS ACCEPTED           1 037 179

VESTING DATES OF OPTIONS             The options will vest in four tranches of 25%
                                     each, on the following dates:
                                     3 April 2025
                                     3 April 2026
                                     3 April 2027
                                     3 April 2028

PERIOD OF EXERCISE                   Participants have a 30-day period from the
                                     vesting date during which options can be
                                     exercised

NATURE AND EXTENT OF INTEREST IN     Direct, beneficial
THE TRANSACTION

5.
 NAME OF DIRECTOR                     Ms Teresa Zoe Passchier

 COMPANY OF WHICH A DIRECTOR          The South African School of Motion Picture
                                      Medium and Live Performance Proprietary
                                      Limited (t/a AFDA)

 TYPE AND CLASS OF SECURITIES         Options to acquire ordinary shares in STADIO
                                      Holdings

 NATURE OF TRANSACTION                Acceptance of award of options to acquire
                                      ordinary shares in STADIO Holdings in terms of
                                      the STADIO Group Share Incentive Scheme (off-
                                      market transaction)

 DATE OF ACCEPTANCE OF OPTIONS        26 April 2023

 DATE OF AWARD OF OPTIONS             3 April 2023

 OPTION STRIKE PRICE                  R4.58

 NUMBER OF OPTIONS ACCEPTED           367 503

 VESTING DATES OF OPTIONS             The options will vest in four tranches of 25%
                                      each, on the following dates:
                                      3 April 2025
                                      3 April 2026
                                      3 April 2027
                                      3 April 2028

 PERIOD OF EXERCISE                   Participants have a 30-day period from the
                                      vesting date during which options can be
                                      exercised

 NATURE AND EXTENT OF INTEREST IN Direct, beneficial
 THE TRANSACTION


Durbanville
26 April 2023

Sponsor
PSG Capital

Date: 26-04-2023 04:30:00
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