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Dealings in securities by Directors of the company
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
("ADvTECH” or “the Company”)
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY
In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“JSE Listings
Requirements”), the following transactions, in respect of which prior written approval pursuant to
paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed.
Name of Director: RJ Douglas
Designation: Chief Executive Officer
Nature of transaction: Off-Market acceptance of shares by participants
to be obtained at future vested periods in terms
of the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 397 162
Date of Award 18 September 2019
Class of securities: Ordinary
Price of share: R11.45
Total value of transaction: R4 547 504.90
Date of transaction: 22 October 2019
Nature of interest: Direct beneficial
Name of Director: JDR Oesch
Designation: Group Financial Director
Nature of transaction: Off-Market acceptance of shares by participants
to be obtained at future vested periods in terms
of the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 238 985
Date of Award 18 September 2019
Class of securities: Ordinary
Price of share: R11.45
Total value of transaction: R2 736 378.25
Date of transaction: 22 October 2019
Nature of interest: Direct beneficial
Name of Subsidiary Director: MD Aitken
Name of Major Subsidiary: The Independent Institute of Education (Pty) Ltd
Nature of transaction: Off-Market acceptance of shares by participants
to be obtained at future vested periods in terms
of the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 205 048
Date of Award 18 September 2019
Class of securities: Ordinary
Price of share: R11.45
Total value of transaction: R2 347 799.60
Date of transaction: 22 October 2019
Nature of interest: Direct beneficial
Name of Subsidiary Director: FJ Coughlan
Name of Major Subsidiary: The Independent Institute of Education (Pty) Ltd
Nature of transaction: Off-Market acceptance of shares by participants
to be obtained at future vested periods in terms
of the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 155 747
Date of Award 18 September 2019
Class of securities: Ordinary
Price of share: R11.45
Total value of transaction: R1 783 303.15
Date of transaction: 22 October 2019
Nature of interest: Direct beneficial
The date of vesting is 18 September 2022.
23 October 2019
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 23/10/2019 01:50:00
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