MOTUS HOLDINGS LIMITED - Exercise of Share Options in terms of the Motus Holdings Share Incentive Scheme (2018 Awards)

Exercise of Share Options in terms of the Motus Holdings Share Incentive Scheme (2018 Awards)

Motus Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 2017/451730/06
Share code: MTH  ISIN: ZAE000261913
("Motus" or “the Company”)


EXERCISE OF SHARE OPTIONS IN TERMS OF THE MOTUS HOLDINGS SHARE INCENTIVE
SCHEME (2018 AWARDS)


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited
(“JSE”), the following information is disclosed:

Motus directors and prescribed officers continue to participate in the Motus Share Appreciation Rights
(“SAR”) Scheme in terms of awards made to them.

The SARs were awarded on 30 November 2018, at a grant price of R89.67 and its participants have
until 30 June 2023 to exercise their rights. On the SAR exercise date, the appreciation in each SAR is
calculated by deducting the grant price from the exercise price (“Appreciation Value”). This exercise
price is the 2-day volume weighted average price (“VWAP”) of a Motus share traded on the JSE on the
business day immediately preceding the exercise date. Following the exercise of the SAR, the
participant receives Motus shares from the Company equal to the Appreciation Value.

Prescribed Officer:                                     Niall Lynch
Company:                                                Motus Holdings Limited
Class of securities:                                    Ordinary shares of no par value
Nature of transaction:                                  Off-market exercise of SARs
Number of SAR awards:                                   62 394
Grant price:                                            R89.67
Date of award:                                          30 November 2018
Exercise date:                                          7 June 2023
Number of Motus shares received on exercise:            3 184
Deemed exercise price:                                  R94.4912
Total value of transaction:                             R300 860.01
Nature of interest:                                     Direct beneficial
Clearance to deal obtained:                             Yes


Bedfordview
8 June 2023

Sponsor
Merchantec Capital

Date: 08-06-2023 02:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.