ADCORP HOLDINGS LIMITED - Allocation and acceptance of performance shares by executive directors and directors of major subsidiaries

Allocation and acceptance of performance shares by executive directors and directors of major subsidiaries

Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139

ALLOCATION AND ACCEPTANCE OF PERFORMANCE SHARES BY
EXECUTIVE DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES

In compliance with paragraphs 3.63 to 3.66 of the JSE
Limited Listings Requirements, the following information is
disclosed in respect of off-market transactions in
securities:

Name of director:             RL Pike
Date of acceptance:           10 June 2015
Nature of transaction:        Acceptance of Performance Shares
Number of shares:             450 000
Vesting date:                 27 May 2018
Allocated Price:              R31.55
Total value:                  R14 197 500
Nature of interest:           Direct Beneficial
Clearance obtained:           Yes



Name of director:             PC Swart
Date of acceptance:           10 June 2015
Nature of transaction:        Acceptance of Performance Shares
Number of shares:             412 500
Vesting date:                 27 May 2018
Allocated Price:              R31.55
Total value:                  R13 014 375
Nature of interest:           Direct Beneficial
Clearance obtained:           Yes



Name of director:             AM Sher
Date of acceptance:           10 June 2015
Nature of transaction:        Acceptance of Performance Shares
Number of shares:             145 000
Vesting date:                 27 May 2018
Allocated Price:              R31.55
Total value:                  R4 574 750
Nature of interest:           Direct Beneficial
Clearance obtained:           Yes
Name of director:            BE Bulunga
Date of acceptance:          10 June 2015
Nature of transaction:       Acceptance of Performance Shares
Number of shares:            115 000
Vesting date:                27 May 2018
Allocated Price:             R31.55
Total value:                 R3 628 250
Nature of interest:          Direct Beneficial
Clearance obtained:          Yes



Name of director of major
Subsidiary:                  A Guharoy
Date of acceptance:          10 June 2015
Nature of transaction:       Acceptance of Performance Shares
Number of shares:            105 000
Vesting date:                27 May 2018
Allocated Price:             R31.55
Total value:                 R3 312 750
Nature of interest:          Direct Beneficial
Clearance obtained:          Yes



Name of director of major
Subsidiary:                  MA Jurgens
Date of acceptance:          10 June 2015
Nature of transaction:       Acceptance of Performance Shares
Number of shares:            105 000
Vesting date:                27 May 2018
Allocated Price:             R31.55
Total value:                 R3 312 750
Nature of interest:          Direct Beneficial
Clearance obtained:          Yes



12 June 2015
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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