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ADVTECH LIMITED - DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

Release Date: 20/12/2017 13:00
Code(s): ADH     PDF:  
Wrap Text
DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

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

DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements the following information relating to a directorÕs dealings in the CompanyÕs securities is disclosed:

Name Of Director:             RJ Douglas
Designation:                  Executive Director 
1. Nature of transaction:     Exercise of options which have vested in terms of the ADvTECH Limited Share Incentive Scheme (on market).
Number of securities:         40 000
Date of Award:                21 October 2013
Class of securities:          Ordinary
Option price:                 R6.64
Total value of transaction:   R265 600
Date of transaction:          19 December 2017
Volume weighted average price 
per share for the day:        R16.65 
Highest price on the date of 
the transaction:              R16.82
Lowest price on the date of 
the transaction:              R16.06
Nature of interest:           Direct beneficial


2. Nature of transaction:     Exercise of options which have vested in terms of the ADvTECH Limited Share Incentive Scheme (on market).
Number of securities:         50 000
Date of Award:                19 November 2015
Class of securities:          Ordinary
Option price:                 R12.60
Total value of transaction:   R630 000
Date of transaction:          19 December 2017
Volume weighted average price 
per share for the day:        R16.65
Highest price on the date of 
the transaction:              R16.82
Lowest price on the date of 
the transaction:              R16.06
Nature of interest:           Direct beneficial

Clearance to deal was obtained for the above transaction.

20 December 2017
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited


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