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ALEXANDER FORBES GROUP HOLDINGS LIMITED - Acceptance of awards by the Chief Executive Officer: Alexander Forbes Investments

Release Date: 17/08/2018 13:11
Code(s): AFH     PDF:  
Wrap Text
Acceptance of awards by the Chief Executive Officer: Alexander Forbes Investments

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

ACCEPTANCE OF AWARDS BY THE CHIEF EXECUTIVE OFFICER: ALEXANDER FORBES
INVESTMENTS

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are advised
that the Chief Executive Officer of Alexander Forbes Investments received allocations and accepted
awards in accordance with the Company’s long-term incentive plans namely, the group executive share
plan (“the GEC Awards”) and the retention share plan (“the Retention Awards”), as follows. The
allocations and their acceptances have received clearance in terms of paragraph 3.66 of the Listings
Requirements and in line with the Company’s securities dealing and information policy.


AF Investments: Chief Executive Officer     :    LP Greyling
Company                                     :    Alexander Forbes
Date of acceptance                          :    15 August 2018

Nature of transaction                       :    Off market acceptance of GEC Awards
Class of securities                         :    Conditional Awards in respect of ordinary shares
Number awarded                              :    665 385
Grant price                                 :    Based on 3 day VWAP (R4.8341)
Transaction value                           :    R3 216 537.63
Nature of interest                          :    Direct beneficial
Vesting date                                :    01 July 2022

Nature of transaction                       :    Off market acceptance of Retention Awards
Class of securities                         :    Retention Awards in respect of ordinary shares
Number awarded                              :    532 308
Grant price                                 :    Based on 3 day VWAP (R4.8341)
Transaction value                           :    R2 573 230.10
Nature of interest                          :    Direct beneficial
Vesting dates                               :    266 154 awards on 01 January 2019
                                                 266 154 awards on 01 July 2019

Carina Wessels
Group General Counsel and Company Secretary

17 August 2018

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