AVI LIMITED - Dealing in AVI Shares by AVI Directors and the Company Secretary

Dealing in AVI Shares by AVI Directors and the Company Secretary

AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY AVI DIRECTORS AND THE COMPANY SECRETARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements of the 
JSE Limited (“the JSE”), the following information is disclosed:

Name of director            :   Simon Crutchley
Date of transaction         :   28 October 2015
Strike price and exercise
price per option            :   R58.61
Number of ordinary shares   :   67 565
Aggregate consideration     :   R 3 959 984.65
Class of securities         :   Ordinary shares
Nature of transaction       :   Acceptance of shares awarded in
                                terms of the AVI Limited Out-
                                Performance Scheme
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of director            :   Simon Crutchley
Date of transaction         :   28 October 2015
Price per unit              :   R89.17
Number of ordinary shares   :   67 565
Aggregate consideration     :   R 6 024 771.05
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares accepted as above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.

Name of director            :   Michael Koursaris
Date of transaction         :   28 October 2015
Strike price and exercise
price per option            :   R58.61
Number of ordinary shares   :   22 696
Aggregate consideration     :   R 1 330 212.56
Class of securities         :   Ordinary shares
Nature of transaction       :   Acceptance of shares awarded in
                                terms of the AVI Limited Out-
                                Performance Scheme
Extent of interest          :   Direct beneficial

The above transaction was done off-market.
Name of director            :   Michael Koursaris
Date of transaction         :   28 October 2015
Price per unit              :   R90.00
Number of ordinary shares   :   22 696
Aggregate consideration     :   R 2 042 640.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares accepted as above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.

Name of company secretary   :   Sureya Naidoo
Date of transaction         :   28 October 2015
Strike price and exercise
price per option            :   R58.83
Number of ordinary shares   :   5 649
Aggregate consideration     :   R 332 330.67
Class of securities         :   Options in respect of ordinary
                                shares
Nature of transaction       :   Exercise of options granted in
                                October 2012
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of company secretary   :   Sureya Naidoo
Date of transaction         :   28 October 2015
Price per unit              :   R90.00
Number of ordinary shares   :   5 649
Aggregate consideration     :   R 508 410.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Sale of shares in terms of the
                                options exercised above
Extent of interest          :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance
with AVI’s policy with regard to director’s dealings as well as
the Listings Requirements of the JSE.

Illovo
Sandton
29 October 2015

Sponsor
The Standard Bank of South Africa Limited

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