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ADVTECH LIMITED - Dealings in Securities by Directors and Company Secretary

Release Date: 24/10/2017 13:45
Code(s): ADH     PDF:  
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Dealings in Securities by Directors and Company Secretary

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH
ISIN: ZAE000031035
("ADvTECH")

DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY

In terms of paragraph 3.63 – 3.74 of the Listings Requirements of the JSE Limited (“JSE Listings Requirements”),
the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE
Listings Requirements have been obtained, is hereby disclosed.

DIRECTOR                                ROY JOHN DOUGLAS
DATE OF TRANSACTION                     24 October 2017
NUMBER OF SHARES                        246 806
CLASS OF SECURITY                       ORDINARY SHARES
NATURE OF TRANSACTION                   OFF-MARKET ACCEPTANCE OF SHARES BY
                                        PARTICIPANTS TO BE ACQUIRED AT FUTURE
                                        VESTED PERIODS IN TERMS OF THE
                                        FORFEITABLE SHARE SCHEME
PRICE PER SHARE                         R 17.22
VALUE OF TRANSACTION                    R 4 249 999
NATURE OF INTEREST                      DIRECT BENEFICIAL

DIRECTOR                                JEAN-DIDIER RAICO OESCH
DATE OF TRANSACTION                     24 October 2017
NUMBER OF SHARES                        140 105
CLASS OF SECURITY                       ORDINARY SHARES
NATURE OF TRANSACTION                   OFF-MARKET ACCEPTANCE OF SHARES BY
                                        PARTICIPANTS TO BE ACQUIRED AT A FUTURE
                                        VESTED PERIOD IN TERMS OF THE
                                        FORFEITABLE SHARE SCHEME
PRICE PER SHARE                         R 17.22
VALUE OF TRANSACTION                    R 2 412 608
NATURE OF INTEREST                      DIRECT BENEFICIAL
   
GROUP COMPANY SECRETARY                 DONNA MAREE DICKSON
DATE OF TRANSACTION                     24 October 2017
NUMBER OF SHARES                        34 843
CLASS OF SECURITY                       ORDINARY SHARES
NATURE OF TRANSACTION                   OFF-MARKET ACCEPTANCE OF SHARES BY
                                        PARTICIPANTS TO BE ACQUIRED AT A FUTURE
                                        VESTED PERIODIN TERMS OF THE FORFEITABLE
                                        SHARE SCHEME
PRICE PER SHARE                         R 17.22
VALUE OF TRANSACTION                    R 599 996
NATURE OF INTEREST                      DIRECT BENEFICIAL

SUBSIDIARY DIRECTOR                     MICHAEL DOUGLAS AITKEN
NAME OF MAJOR SUBSIDIARY                THE INDEPENDENT INSTITUTE OF EDUCATION
                                        (PTY) LTD
DATE OF TRANSACTION                     24 October 2017
NUMBER OF SHARES                        128 622
CLASS OF SECURITY                       ORDINARY SHARES
NATURE OF TRANSACTION                   OFF-MARKET ACCEPTANCE OF SHARES BY
                                        PARTICIPANTS TO BE ACQUIRED AT FUTURE
                                        VESTED PERIODS IN TERMS OF THE
                                        FORFEITABLE SHARE SCHEME
PRICE PER SHARE                         R 17.22
VALUE OF TRANSACTION                    R 2 214 871
NATURE OF INTEREST                      DIRECT BENEFICIAL

The date of vesting is 01 October 2020.

24 October 2017
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 24/10/2017 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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