INVICTA HOLDINGS LIMITED - Dealings In Securities By Directors

Dealings In Securities By Directors

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta”)

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following should be noted in
respect of a dealings in securities by directors and the company secretary in terms of the Invicta Long Term Bonus and
Share Incentive Scheme 2006 (“LBSIR”):

  Name of director:                        SB Joffe
  Company:                                 Invicta Holdings Limited
  Nature of transaction:                   Grant and acceptance of LBSIRs (off market). The participant will be paid for
                                           each LBSIR granted by the growth in value of the LBSIR as calculated from
                                           the grant date and grant price until the exercise date. The LBSIR payment
                                           will be settled in Invicta ordinary shares
  Number of LBSIRs:                        734,900
  Class of securities:                     LBSIRs in respect of ordinary shares
  Grant date:                              23 March 2023
  Acceptance date:                         28 March 2023
  Grant price per LBSIR:                   R26.50
  Value per LBSIR:                         R10.23
  Value of transaction:                    R 7,518,027.00
  Vesting period:                          LBSIRs will vest after 3 years, subject to performance conditions
  Nature of interest:                      Direct beneficial
  Clearance obtained:                      Yes

  Name of director:                        N Rajmohamed
  Company:                                 Invicta Holdings Limited
  Nature of transaction:                   Grant and acceptance of LBSIRs (off market). The participant will be paid for
                                           each LBSIR granted by the growth in value of the LBSIR as calculated from
                                           the grant date and grant price until the exercise date. The LBSIR payment
                                           will be settled in Invicta ordinary shares
  Number of LBSIRs:                        234,302
  Class of securities:                     LBSIRs in respect of ordinary shares
  Grant date:                              23 March 2023
  Acceptance date:                         30 March 2023
  Grant price per LBSIR:                   R26.50
  Value per LBSIR:                         R10.27
  Value of transaction:                    R2,406,281.54
  Vesting period:                          LBSIRs will vest after 3 years, with 85% thereof being subject to the
                                           satisfaction of performance conditions
  Nature of interest:                      Direct beneficial
  Clearance obtained:                      Yes


  Name of director:                        C Barnard
  Company:                                 Invicta Holdings Limited
  Nature of transaction:                   Grant and acceptance of LBSIRs (off market). The participant will be paid for
                                           each LBSIR granted by the growth in value of the LBSIR as calculated from
                                           the grant date and grant price until the exercise date. The LBSIR payment
                                           will be settled in Invicta ordinary shares
  Number of LBSIRs:                      254,653
  Class of securities:                   LBSIRs in respect of ordinary shares
  Grant date:                            23 March 2023
  Acceptance date:                       30 March 2023
  Grant price per LBSIR:                 R26.50
  Value per LBSIR:                       R10.27
  Value of transaction:                  R2,615,286.31
  Vesting period:                        LBSIRs will vest after 3 years, with 85% thereof being subject to the
                                         satisfaction of performance conditions
  Nature of interest:                    Direct beneficial
  Clearance obtained:                    Yes

  Name of company secretary:             LSM Mpumlwana
  Company:                               Invicta Holdings Limited
  Nature of transaction:                 Grant and acceptance of LBSIRs in terms of the company secretary’s
                                         employment contract (off market). The participant will be paid for each
                                         LBSIR granted by the growth in value of the LBSIR as calculated from the
                                         grant date and grant price until the exercise date. The LBSIR payment will
                                         be settled in Invicta ordinary shares
  Number of LBSIRs:                      132,979
  Class of securities:                   LBSIRs in respect of ordinary shares
  Grant date:                            23 March 2023
  Acceptance date:                       30 March 2023
  Grant price per LBSIR:                 R26.50
  Value per LBSIR:                       R10.27
  Value of transaction:                  R1,365,694.33
  Vesting period:                        LBSIRs will vest after 3 years, with 85% thereof being subject to the
                                         satisfaction of performance conditions
  Nature of interest:                    Direct beneficial
  Clearance obtained:                    Yes


Johannesburg
31 March 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 31-03-2023 04:01:00
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