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Dealings In KAL Group Shares
KAL GROUP LIMITED
(Previously Kaap Agri Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
(“KAL Group” or the "Company”)
DEALINGS IN KAL GROUP SHARES
KAL Group shareholders (“Shareholders”) are referred to the announcement published on
SENS on 12 June 2023, wherein Shareholders were advised of the hedging transaction
entered into between KAL Group and Investec Bank Limited (“Investec”), an independent
third party, to hedge the potential future obligations of the Company under its non-dilutive
long-term incentive plan (“LTIP”) rules (“Hedging Transaction”).
In accordance with paragraphs 3.63 to 3.74 and 3.92 of the JSE Limited Listings
Requirements, Shareholders are hereby advised of the following acquisitions of KAL Group
ordinary shares (“Shares”), in execution of the Hedging Transaction, between 14 June 2023
and 14 September 2023:
NAME OF ENTITY Investec
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Purchase of Shares pursuant to the
Hedging Transaction to enable settlement
of LTIP awards (on-market)
TOTAL NUMBER OF SHARES ACQUIRED 429 548
TOTAL RAND VALUE OF SHARES R16 104 114.20
ACQUIRED
NATURE OF INTEREST Indirect, non-beneficial
CLEARANCE OBTAINED Yes
The breakdown of the acquisition of Shares is as follows:
DATE NUMBER VOLUME HIGH LOW VALUE
OF WEIGHTED (PRICE) (PRICE)
SHARES AVERAGE
PRICE (PAID)
14-Jun-23 7,669 R37.63 R37.98 R36.51 R288,604.27
15-Jun-23 4,178 R36.98 R37.00 R36.83 R154,515.53
19-Jun-23 6,847 R37.01 R37.50 R36.76 R253,435.04
20-Jun-23 5,821 R36.66 R37.18 R36.52 R213,374.80
21-Jun-23 5,328 R36.28 R36.97 R35.88 R193,278.27
22-Jun-23 2,016 R36.01 R37.04 R36.01 R72,603.37
23-Jun-23 1,881 R36.15 R36.50 R36.08 R68,005.68
26-Jun-23 3,011 R36.94 R37.09 R36.52 R111,223.20
27-Jun-23 1,251 R36.48 R36.80 R36.31 R45,638.90
28-Jun-23 4,757 R37.07 R37.19 R36.00 R176,325.10
29-Jun-23 3,010 R37.02 R37.50 R36.91 R111,442.19
30-Jun-23 3,781 R37.58 R37.77 R37.26 R142,081.01
03-Jul-23 3,653 R37.67 R37.85 R37.51 R137,612.23
04-Jul-23 1,424 R37.71 R37.76 R37.71 R53,702.34
05-Jul-23 3,387 R37.88 R37.95 R37.76 R128,284.04
06-Jul-23 4,303 R37.80 R37.95 R37.76 R162,645.65
07-Jul-23 37,043 R37.70 R38.00 R37.05 R1,396,644.12
10-Jul-23 2,232 R37.10 R37.15 R37.04 R82,808.34
11-Jul-23 1,008 R37.13 R37.24 R37.03 R37,427.50
12-Jul-23 6,075 R37.16 R37.60 R37.01 R225,723.54
13-Jul-23 844 R37.14 R37.49 R37.14 R31,349.66
14-Jul-23 4,663 R37.08 R37.10 R37.01 R172,885.08
17-Jul-23 10,746 R37.20 R37.44 R37.01 R399,770.71
18-Jul-23 749 R37.01 R37.13 R37.01 R27,724.11
19-Jul-23 1,437 R37.19 R37.29 R36.76 R53,447.98
20-Jul-23 2,784 R36.56 R36.74 R36.51 R101,779.69
21-Jul-23 1,064 R36.54 R36.56 R36.51 R38,875.36
24-Jul-23 2,353 R36.43 R36.56 R36.40 R85,711.79
25-Jul-23 6,180 R37.05 R37.50 R36.50 R228,990.45
26-Jul-23 3,844 R37.53 R37.40 R34.65 R144,249.95
27-Jul-23 13,853 R37.00 R37.02 R37.00 R512,579.22
28-Jul-23 457 R37.28 R37.30 R37.16 R17,038.21
31-Jul-23 1,920 R37.32 R37.74 R37.01 R71,648.48
01-Aug-23 2,557 R37.66 R37.80 R37.30 R96,309.15
02-Aug-23 15,024 R37.04 R37.73 R36.76 R556,616.73
03-Aug-23 1,091 R36.81 R36.85 R36.81 R40,159.75
04-Aug-23 288 R36.71 R36.75 R36.64 R10,572.89
07-Aug-23 801 R36.78 R37.37 R36.76 R29,457.57
08-Aug-23 3,299 R37.23 R37.35 R37.21 R122,825.79
10-Aug-23 6,474 R37.73 R37.88 R37.30 R244,271.02
11-Aug-23 5,379 R37.71 R38.25 R37.36 R202,852.35
14-Aug-23 2,362 R38.11 R38.50 R38.11 R90,019.72
15-Aug-23 4,042 R37.86 R38.50 R37.56 R153,013.64
16-Aug-23 8,122 R37.85 R38.25 R37.21 R307,444.71
17-Aug-23 7,881 R37.88 R38.20 R37.17 R298,503.86
18-Aug-23 2,635 R37.26 R37.96 R37.16 R98,190.70
21-Aug-23 5,848 R37.33 R37.50 R37.12 R218,324.54
22-Aug-23 1,537 R36.78 R36.80 R36.76 R56,533.60
23-Aug-23 2,849 R36.85 R37.00 R36.76 R104,989.40
24-Aug-23 74,715 R37.77 R38.00 R37.01 R2,822,072.97
25-Aug-23 4,693 R37.80 R38.00 R37.80 R177,399.00
28-Aug-23 1,455 R37.03 R37.03 R37.02 R53,878.61
29-Aug-23 7,074 R37.52 R38.00 R37.00 R265,428.91
30-Aug-23 1,021 R37.02 R37.90 R37.00 R37,802.10
31-Aug-23 26,635 R37.94 R38.00 R37.00 R1,010,636.07
01-Sep-23 23,390 R37.94 R38.00 R36.52 R887,477.67
04-Sep-23 14,433 R38.24 R38.30 R38.15 R551,965.95
05-Sep-23 21,255 R38.00 R38.00 R37.99 R807,663.58
12-Sep-23 3,683 R36.63 R37.00 R36.21 R134,899.23
13-Sep-23 4,125 R36.74 R37.00 R36.16 R151,533.26
14-Sep-23 17,311 R36.50 R36.50 R36.01 R631,845.61
Paarl
21 September 2023
Sponsor
PSG Capital
Date: 21-09-2023 09:00:00
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