AH-VEST LIMITED - Update Announcement on Dealings by an Associate of a Director

Update Announcement on Dealings by an Associate of a Director

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
Share code: AHL      ISIN code: ZAE000129177
(“AH-Vest” or “the Company”)


UPDATED ANNOUNCEMENT ON DEALINGS BY AN ASSOCIATE OF A DIRECTOR


Further to the announcement issued on SENS on 23 December 2014, whereby shareholders were
advised that Eastern Trading Proprietary Limited (“Eastern Trading”), the controlling shareholder in
AH-Vest and an associate of executive director, Mr I Darsot, had agreed to acquire a 61%
interest, from 6 separate shareholders, in Farm Foods Proprietary Limited (“Farm Foods”), which
owns 23 802 500 shares in AH-Vest, equating to a 23.34% interest in AH-Vest, subject to a formal
agreement being concluded, shareholders are advised that only an additional 15% has been
acquired in Farm Foods. The balance of the parties did not sign the written agreement. The
shares in Farm Foods will be transferred against payment for the shares in Farm Foods in terms of
an agreed payment plan.

In accordance with paragraph 3.63 of the JSE Listings Requirements the following amended
director’s dealing is disclosed:

Name of director:                I Darsot
Name of associate:               Eastern Trading
Relationship with director:      Direct beneficial shareholder and director of associate
Nature of transaction:           Purchase of 15% shareholding in a private company holding
                                 23 802 500 shares in AH-Vest
Date of transaction:             Monthly, in 4 equal tranches, commencing February 2016.
Class of securities:             Ordinary shares
Number of securities:            3 570 375 (being 15% of 23 802 500 shares in AH-Vest)
Purchase price:                  17.86 cents per share
Total value of transaction:      R637 668
Nature of interest:              Indirect beneficial
Extent of interest:              3.5%
Nature of trade:                 Off-market
Clearance to deal:               Yes

Johannesburg
22 December 2015

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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