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ADVTECH LIMITED - Dealings in securities by directors and prescribed officers: Share vesting

Release Date: 12/10/2020 13:42
Code(s): ADH     PDF:  
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Dealings in securities by directors and prescribed officers: Share vesting

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 PRESCRIBED OFFICERS: SHARE VESTING


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
transactions relating to directors and prescribed officer’s dealings is hereby disclosed, in terms of the
provisions of the ADvTECH Management Share Incentive Scheme (MSI), regarding performance and
retention shares which have vested after 3 years.


 Name of Director:                                   RJ Douglas

 Designation:                                        Chief Executive Officer

 Nature of transaction:                              Off-Market vesting of shares obtained in terms of
                                                     the ADvTECH Limited Management Share
                                                     Incentive Scheme (MSI).
 Number of securities:                               77 082

 Date of Award                                       28 September 2017

 Class of securities:                                Ordinary

 Price of share:                                     R9.13

 Total value of transaction:                         R703 758.66

 Date of transaction:                                9 October 2020

 Nature of interest:                                 Direct beneficial



 Name of Director:                                   JDR Oesch

 Designation:                                        Group Financial Director

 Nature of transaction:                              Off-Market vesting of shares obtained in terms
                                                     of the ADvTECH Limited Management Share
                                                     Incentive Scheme (MSI).
 Number of securities:                               43 757

 Date of Award                                       28 September 2017

 Class of securities:                                Ordinary

 Price of share:                                     R9.13
Total value of transaction:   R399 501.41

Date of transaction:          9 October 2020

Nature of interest:           Direct beneficial



Name of Officer:              FJ Coughlan

Designation:                  Prescribed Officer

Nature of transaction:        Off-Market vesting of shares obtained in terms of
                              the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         27 987

Date of Award                 28 September 2017

Class of securities:          Ordinary

Price of share:               R9.13

Total value of transaction:   R255 521.31

Date of transaction:          9 October 2020

Nature of interest:           Direct beneficial



Name of Officer:              DL Honey

Designation:                  Prescribed Officer

Nature of transaction:        Off-Market vesting of shares obtained in terms of
                              the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         43 726

Date of Award                 28 September 2017

Class of securities:          Ordinary

Price of share:               R9.13

Total value of transaction:   R399 218.38

Date of transaction:          9 October 2020

Nature of interest:           Direct beneficial



Name of Officer:              MD Aitken

Designation:                  Prescribed Officer
 Nature of transaction:                            Off-Market vesting of shares obtained in terms of
                                                   the ADvTECH Limited Management Share
                                                   Incentive Scheme (MSI).
 Number of securities:                             40 172

 Date of Award                                     28 September 2017

 Class of securities:                              Ordinary

 Price of share:                                   R9.13

 Total value of transaction:                       R366 770.36

 Date of transaction:                              9 October 2020

 Nature of interest:                               Direct beneficial


The date of vesting is 01 October 2020. In terms of paragraph 3.66 of the Listings Requirements, the
necessary clearance to deal has been obtained for all the transactions set out above.

12 October 2020
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 12-10-2020 01:42:00
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