SILVERBRIDGE HOLDINGS LIMITED - Acquisition of Shares by a Director in terms of the Silverbridge Share Ownership Scheme

Acquisition of Shares by a Director in terms of the Silverbridge Share Ownership Scheme

SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB ISIN: ZAE000086229
(“SilverBridge” or “the Company”)


ACQUISITION OF SHARES BY A DIRECTOR IN TERMS OF THE SILVERBRIDGE SHARE
OWNERSHIP SCHEME


Shareholders are advised that the SilverBridge board of directors (“Board”) has commenced
with the implementation of the first phase of the board approved succession plan for the
eventual retirement of Jaco Swanepoel, the current chief executive officer (“CEO”) of the
Company given that he turned 60 during 2020. Jaco will remain in his current position for the
foreseeable future, but it was agreed that it was both prudent and opportune for Lee Kuyper,
the current Chief Financial Officer (“CFO”) and Chief Operating Officer (“COO”) of the
Company, to start shadowing Jaco, the current CEO.

Accordingly, and to ensure Lee’s long-term retention strategy the Board considered long-and
short-term incentive schemes that can be utilized, and has resolved, through the SilverBridge
Share Ownership Scheme, to award Lee with share options.


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of options is disclosed:

 NAME OF DIRECTOR                                Lee Kuyper

 COMPANY OF WHICH A DIRECTOR                     SilverBridge

 STATUS:                                         Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Acquisition of ordinary shares through the
                                                 grant of shares in terms of the SilverBridge
                                                 Share Ownership Scheme (off-market
                                                 transaction)

 SHARE PRICE                                     R1.00

 NUMBER OF SHARES                                917 260

 TOTAL RAND VALUE OF SHARES                      R917 260
 ACQUIRED

 NATURE AND EXTENT OF INTEREST IN                Direct beneficial
 THE TRANSACTION


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Pretoria
29 December 2020

Designated Advisor
PSG Capital

Date: 29-12-2020 12:32:00
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