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ADVTECH LIMITED - Directors Dealings

Release Date: 30/09/2014 11:10
Code(s): ADH     PDF:  
Wrap Text
Directors Dealings

ADvTECH Limited

(Incorporated in the Republic of South Africa)

(Registration number 1990/001119/06)

Share code: ADH          ISIN: ZAE000031035

("the Company")



DIRECTOR’S DEALINGS

In compliance with paragraph 3.63 to 3.74 of the Listing Requirements of the JSE Limited (“JSE
Listing Requirements”), the following information is hereby disclosed:

Options accepted

Director:                LW Maasdorp

Designation:             Chief Executive Officer (designate)

Option Issue Date:       26 September 2014

Option issue price:      819 cents

Number of shares:        2 000 000

Total value:             R16 380 000

Class of securities:     Ordinary shares

Nature of transaction:   Issue of options in terms of the ADvTECH Limited Share Incentive Scheme
                         (off – market)

Nature of interest:      Direct and beneficial

Clearance was given for this transaction.



Exercise of options

Director:                JDR Oesch

Date of transaction:     26 September 2014

Number of shares:        120 000

Price per share:         375 cents

Total value:             R 450 000.00

Class of securities:     Ordinary shares

Nature of transaction:   Direct beneficial (off market transaction)

Extent of interest:      Exercise of options granted in 2008 in terms of the ADvTECH Limited Share
                         Incentive Scheme
Director:                JDR Oesch

Date of transaction:     26 September 2014

Number of shares:        133 333

Price per share:         560 cents

Total value:             R 746 664.80

Class of securities:     Ordinary shares

Nature of transaction:   Direct beneficial (off market transaction)

Extent of interest:      Exercise of options granted in 2010 in terms of the ADvTECH Limited Share
                         Incentive Scheme

Clearance was given for the exercise of these options.



Shares sold

Director:                JDR Oesch

Designation:             Chief Financial Officer

Date of transaction:     26 September 2014

Class of securities:     Ordinary shares

Number of shares:        14 283

Price per share:         825 cents

Total value:             R117 834.75

Nature of transaction:   Sale of shares (on-market)

Nature of interest:      Direct and beneficial



Director:                JDR Oesch

Designation:             Chief Financial Officer

Date of transaction:     26 September 2014

Class of securities:     Ordinary shares

Number of shares:        560

Price per share:         830 cents

Total value:             R4 648.00

Nature of transaction:   Sale of shares (on-market)

Nature of interest:      Direct and beneficial
Director:                JDR Oesch

Designation:             Chief Financial Officer

Date of transaction:     29 September 2014

Class of securities:     Ordinary shares

Number of shares:        5 000

Price per share:         830 cents

Total value:             R41 500.00

Nature of transaction:   Sale of shares (on-market)

Nature of interest:      Direct and beneficial



Director:                JDR Oesch

Designation:             Chief Financial Officer

Date of transaction:     29 September 2014

Class of securities:     Ordinary shares

Number of shares:        1 241

Price per share:         832 cents

Total value:             R10 325.12

Nature of transaction:   Sale of shares (on-market)

Nature of interest:      Direct and beneficial

Clearance was given for these transactions.




Johannesburg

Sponsor: Bridge Capital Advisors (Pty) Limited

30 September 2014

Date: 30/09/2014 11:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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