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ADVTECH LIMITED - Director's Dealings

Release Date: 10/12/2015 15:40
Code(s): ADH     PDF:  
Wrap Text
Director's Dealings

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share Code: ADH
ISIN: ZAE000031035
(“ADvTECH” or 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:

Name of director              :           RJ Douglas
Designation                   :           Chief Executive Officer
Nature of transaction         :           Acceptance of options in terms of the ADvTECH Limited Share
                                          Incentive Scheme (Off – market)
Date of transaction           :           10 December 2015
Number of securities          :           150 000
Class of securities           :           Ordinary shares
Price per share               :           1260 cents
Total value of transaction    :           R1 890 000.00
Nature of interest            :           Direct beneficial

Name of director              :           JDR Oesch
Designation                   :           Group Financial Director
Nature of transaction         :           Acceptance of options in terms of the ADvTECH Limited Share
                                          Incentive Scheme (Off – market)
Date of transaction           :           10 December 2015
Number of securities          :           150 000
Class of securities           :           Ordinary shares
Price per share               :           1260 cents
Total value of transaction    :           R1 890 000.00
Nature of interest            :           Direct beneficial

Name of director              :           A Isaakidis
Designation                   :           Prescribed Officer and director of major subsidiary The
                                          Independent Institute of Education Proprietary Limited
Nature of transaction         :           Acceptance of options in terms of the ADvTECH Limited Share
                                          Incentive Scheme (Off – market)
Date of transaction           :           10 December 2015
Number of securities          :           150 000
Class of securities           :           Ordinary shares
Price per share               :           1260 cents
Total value of transaction    :           R1 890 000.00
Nature of interest            :           Direct beneficial

Name of director              :           SK Saunders
Designation                   :           Group Legal Advisor and Company Secretary
Nature of transaction         :           Acceptance of options in terms of the ADvTECH Limited Share
                                          Incentive Scheme (Off – market)
Date of transaction           :           10 December 2015
Number of securities          :           48 000
Class of securities           :           Ordinary shares
Price per share               :           1260 cents
Total value of transaction   :           R604 800.00
Nature of interest           :           Direct beneficial

Clearance to deal was obtained for the above transactions.

Johannesburg
10 December 2015
Sponsor : Bridge Capital Advisors Proprietary Limited

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