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ALEXANDER FORBES GROUP HOLDINGS LIMITED - Dealings in securities by directors

Release Date: 27/07/2017 17:12
Code(s): AFH     PDF:  
Wrap Text
Dealings in securities by directors

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(“Company”)


DEALINGS IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information is disclosed in respect
of dealings in securities by directors of the Company.

Vesting of awards granted and accepted in terms of Long Term Incentive Plan

Conditional share awards granted and accepted in July 2014 in terms of the Company’s Long Term Incentive
Plan, with a 3-year vesting period, , have vested on 24 July 2017, as indicated below:

Director              Number of awards        Grant price                     Transaction value
                                vested
B Bydawell                      54,750              R6.80                           R372,300.00
V Naicker                      109,500              R6.80                           R744,600.00
S Price                         91,250              R6.80                           R620,500.00

Clearance to deal has been obtained in respect of each of the above transactions, the nature of each
transaction is the vesting of conditional awards granted and accepted in respect of ordinary shares, the
nature of each interest is direct, beneficial and the transactions were effected off-market.

Disposal of shares

Director                                  :      V Naicker
Company                                   :      Alexander Forbes Group Holdings Limited
Date of transaction                       :      24 July 2017
Nature of transaction                     :      Sale of shares
Class of securities                       :      Ordinary shares
Number of securities                      :      109,500
Sale price                                :      R6.80 per share
Total value of transaction                :      R744,600.00
Nature of director’s interest             :      Direct, beneficial
Clearance obtained*                       :      Yes
Transaction completed                     :      On-market

Sandton
27 July 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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