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ALEXANDER FORBES GROUP HOLDINGS LIMITED - Acceptance of awards by the Group Chief Financial Officer

Release Date: 27/08/2018 09:38
Code(s): AFH     PDF:  
Wrap Text
Acceptance of awards by the Group Chief Financial Officer

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

ACCEPTANCE OF AWARDS BY THE GROUP CHIEF FINANCIAL OFFICER

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders
are advised that the Group Chief Financial Officer 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 acceptance 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.


Group Chief Financial Officer       :     N Fok
Company                             :     Alexander Forbes
Date of acceptance                  :     22 August 2018

Nature of transaction               :     Off-market acceptance of GEC Awards
Class of securities                 :     GEC Awards in respect of ordinary shares
Number of awards                    :     776 282
Grant price                         :     Based on 3 day VWAP (R5.1306)
Transaction value                   :     R3 982 792.43
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 of awards                    :     289 812
Grant price                         :     Based on 3 day VWAP (R5.1306)
Transaction value                   :     R1 486 909.45
Nature of interest                  :     Direct beneficial
Vesting dates                       :     433 506 awards on 01 January 2019
                                          433 507 awards on 01 July 2019

Carina Wessels
Group General Counsel and Company Secretary

27 August 2018

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

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