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ADVTECH LIMITED - Dealing in securities by directors associate

Release Date: 21/10/2022 10:35
Code(s): ADH     PDF:  
Wrap Text
Dealing in securities by director’s associate

ADvTECH Limited
Registration number 1990/001119/06
Share code: ADH
ISIN number: ZAE000031035
(“ADvTECH”)

DEALING IN SECURITIES BY DIRECTOR’S ASSOCIATE

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in respect of dealing in ADvTECH ordinary
shares (“securities”) by an associate of an ADvTECH director:

Director                      : Mr MM Nkosi
Alternate Director            : Mr D Smith
Director’s Associate          : Value Capital Partners Proprietary
                                Limited*

Date of transaction           :   18 October 2022
Number of securities          :   110,723
Nature of transaction         :   On-market acquisition of securities
Share price                   :   R 16.5164
Total value of transaction    :   R 1,828,745.36
Nature of interest            :   Indirect, Beneficial
Clearance obtained            :   Yes


Date of transaction           :   19 October 2022
Number of securities          :   831,822
Nature of transaction         :   On-market acquisition of securities
Share price                   :   R 16.4994
Total value of transaction    :   R 13,724,563.91
Nature of interest            :   Indirect, Beneficial
Clearance obtained            :   Yes


Date of transaction           :   20 October 2022
Number of securities          :   1,000,000
Nature of transaction         :   On-market acquisition of securities
Share price                   :   R 16.6589
Total value of transaction    :   R 16,658,900.00
Nature of interest            :   Indirect, Beneficial
Clearance obtained            :   Yes



* Mr MM Nkosi and Mr D Smith have an indirect beneficial interest in
Value Capital Partners Proprietary Limited (“VCP”), which is the
registered investment manager to Value Capital Partners H4 QI Hedge Fund
and various other funds


21 October 2022
Sandton

Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 21-10-2022 10:35:00
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