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ADCORP HOLDINGS LIMITED - Directors dealing in Adcorp securities

Release Date: 17/06/2014 13:49
Code(s): ADR     PDF:  
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Directors dealing in Adcorp securities

        Adcorp Holdings Limited
        (Incorporated in the Republic of South Africa)
        (Registration number 1974/001804/06)
        ("Adcorp”)
        Share code: ADR ISIN: ZAE000000139

        Director’s dealing in Adcorp securities

        In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listing
        Requirements, the following information is disclosed in respect of an off-
        market exercise of Performance Shares (PFs) and subsequent purchase of
        Adcorp ordinary shares:

        Name of director:                      RL Pike
        Date of transaction:                   12 June 2014
        Nature of transaction:                 Exercise of PFs and subsequent
                                               purchase of Adcorp ordinary shares
        Number of securities:                  90 000
        Type and class of securities issued:   Ordinary shares
        Allocated Price:                       per table
        Total value:                           R3 150 000.00
        Period of vesting:                     per table
        Vesting date:                          per table
        Purchase price:                        per table
        Nature of interest:                    Direct Beneficial
        Clearance received:                    Yes


Instrument      Quantity   Allocated   Conversion      Period    Vesting    Purchase
                           Price       into            of        date       Price
                                       ordinary        vesting
                                       shares
PFs              150 000   27.52          90 000       2 years   22         35.00
                                                                 February
                                                                 2014
Total                                     90 000



        Name of director:                      PC Swart
        Date of transaction:                   12 June 2014
        Nature of transaction:                 Exercise of PFs and subsequent
                                               purchase of Adcorp ordinary shares
        Number of securities:                  75 000
        Type and class of securities issued:   Ordinary shares
        Allocated Price:                       per table
        Total value:                           R2 625 000.00
        Period of vesting:                     per table
        Vesting date:                          per table
        Purchase price:                        per table
        Nature of interest:                    Direct Beneficial
        Clearance received:                    Yes
Instrument      Quantity    Allocated   Conversion      Period    Vesting    Purchase
                            Price       into            of        date       Price
                                        ordinary        vesting
                                        shares
PFs              125 000    27.52          75 000       2 years   22         35.00
                                                                  February
                                                                  2014
Total                                      75 000



        Name of director:                       AM Sher
        Date of transaction:                    12 June 2014
        Nature of transaction:                  Exercise of PFs and subsequent
                                                purchase of Adcorp ordinary shares
        Number of securities:                   39 000
        Type and class of securities issued:    Ordinary shares
        Allocated Price:                        per table
        Total value:                            R1 365 000.00
        Period of vesting:                      per table
        Vesting date:                           per table
        Purchase price:                         per table
        Nature of interest:                     Direct Beneficial
        Clearance received:                     Yes


Instrument      Quantity    Allocated   Conversion      Period    Vesting    Purchase
                            Price       into            of        date       Price
                                        ordinary        vesting
                                        shares
PFs              65 000     27.52          39 000       2 years   22         35.00
                                                                  February
                                                                  2014
Total                                          39 000

                   . In respect of 20 000 PFs, no Adcorp ordinary shares were
                     issued. Participant was cash settled



        Name of director:                       C Bomela
        Date of transaction:                    12 June 2014
        Nature of transaction:                  Exercise of PFs and subsequent
                                                purchase of Adcorp ordinary shares
        Number of securities:                   39 000
        Type and class of securities issued:    Ordinary shares
        Allocated Price:                        per table
        Total value:                            R1 365 000.00
        Period of vesting:                      per table
        Vesting date:                           per table
        Purchase price:                         per table
        Nature of interest:                     Direct Beneficial
        Clearance received:                     Yes
Instrument      Quantity   Allocated   Conversion      Period    Vesting    Purchase
                           Price       into            of        date       Price
                                       ordinary        vesting
                                       shares
Performance     65 000     27.52          39 000       2 years   22         35.00
shares                                                           February
                                                                 2014
Total                                     39 000


        17 June 2014

        Bryanston
        Sponsor
        Deloitte & Touche Sponsor Services (Pty) Ltd

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