ADCORP HOLDINGS LIMITED - Allocation and acceptance of performance shares by a director of major subsidiary

Allocation and acceptance of performance shares by a director of major subsidiary

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

ALLOCATION AND ACCEPTANCE OF PERFORMANCE SHARES BY A
DIRECTOR OF A MAJOR SUBSIDIARY

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

Name of director of major
Subsidiary:                   A Guharoy
Date of acceptance:           13 July 2015
Nature of transaction:        Acceptance of Performance Shares
Number of shares:             100 000
Vesting date:                 1 July 2018
Allocated Price:              R32.50
Total value:                  R3 250 000
Nature of interest:           Direct Beneficial
Clearance obtained:           Yes


13 July 2015
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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