ALVIVA HOLDINGS LIMITED - Grant and acceptance of forfeitable share grants to directors

Release Date: 18/06/2018 14:10
Code(s): AVV
 
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Grant and acceptance of forfeitable share grants to directors

Alviva Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “The Company”)

GRANT AND ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

 DIRECTORS OF ALVIVA HOLDINGS LIMITED
 Name                         P Spies
 Office held                  Chief Executive Officer
 Company                      Alviva Holdings Limited
 Date of acceptance           18 June 2018
                              Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                              after 18 June 2021
 Class of securities          Ordinary shares
 Number of forfeitable shares 300 000
 Award price                  R18.68
 Total value of award         R5 604 000
 Nature of interest           Direct beneficial
 Clearance obtained           Yes

 Name                                  RD Lyon
 Office held                           Chief Financial Officer
 Company                               Alviva Holdings Limited
 Date of acceptance                    18 June 2018
                                       Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                                       after 18 June 2021
 Class of securities                   Ordinary shares
 Number of forfeitable shares          150 000
 Award price                           R18.68
 Total value of award                  R2 802 000
 Nature of interest                    Direct beneficial
 Clearance obtained                    Yes

 DIRECTORS OF MAJOR SUBSIDIARIES
 Name                         CJ Brunsden
 Office held                  Managing Director
 Company                      Axiz (Pty) Ltd
 Date of acceptance           18 June 2018
                              Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                              after 18 June 2021
 Class of securities          Ordinary shares
 Number of forfeitable shares 150 000
 Award price                  R18.68
 Total value of award         R2 802 000
 Nature of interest           Direct beneficial
 Clearance obtained           Yes
Name                           CY Li
Office held                    Finance Director
Company                        Axiz (Pty) Ltd
Date of acceptance             18 June 2018
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 18 June 2021
Class of securities            Ordinary shares
Number of forfeitable shares   70 000
Award price                    R18.68
Total value of award           R1 307 600
Nature of interest             Direct beneficial
Clearance obtained              Yes

Name                           RN Nkuna
Office held                    Human Resource Director
Company                        Axiz (Pty) Ltd
Date of acceptance             18 June 2018
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 18 June 2021
Class of securities            Ordinary shares
Number of forfeitable shares   40 000
Award price                    R18.68
Total value of award           R747 200
Nature of interest             Direct beneficial
Clearance obtained              Yes

Name                           TP Humphreys-Davies
Office held                    Managing Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             18 June 2018
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 18 June 2021
Class of securities            Ordinary shares
Number of forfeitable shares   110 000
Award price                    R18.68
Total value of award           R2 054 800
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           GJ Wiehahn
Office held                    Financial Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             18 June 2018
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                after 18 June 2021
Class of securities            Ordinary shares
Number of forfeitable shares   30 000
Award price                    R18.68
Total value of award           R560 400
 Nature of interest                  Direct beneficial
 Clearance obtained                  Yes


Midrand
18 June 2018


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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