Sharenet Sites 
Sharenet Sites
Dealings in securities by the Adcock Ingram Employee Share Trust and by executive directors and company secretary
Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2007/016236/06)
Share code: AIP
ISIN: ZAE000123436
('Adcock Ingram' or 'the Company')
DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE
TRUST (2008) AND BY THE EXECUTIVE DIRECTORS AND COMPANY SECRETARY
In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed:
Portions of the conditional shares, awarded to executive directors, on 25 November 2020 (2021 Tranche) and
24 August 2021 (2022 Tranche) in terms of the Performance Based Long-Term Incentive Scheme (PBLTIS
or Scheme), have vested.
The achievement level is determined after reviewing the performance metrics over the relevant three-year
performance period. In terms of the Scheme 75% of granted awards vest after three years and the remaining
25% vest after four years, subject to the achievement of performance metrics.
Details about these tranches are as follows:
2021 Tranche 2022 Tranche
Performance period: 1 July 2020 – 30 June 2023 1 July 2021 – 30 June 2024
Achievement level: 100% 100%
Vested portion: 25% 75%
The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance,
purchased Adcock Ingram ordinary shares in the open market in accordance with its terms, in order to satisfy
the obligations arising from the vesting of PBLTIS conditional share awards. The details are set out below.
Company Adcock Ingram Holdings Limited Employee Share
Trust (2008)
Date of transaction 30 September 2024
Nature of transaction On market purchase of securities to satisfy the
obligations arising from the vesting of PBLTIS
conditional share awards
Number of securities 1 179 179
Class of securities Ordinary shares
Purchase price R70.69 per share
Value of transaction R83 350 385.53
Nature of interest Direct beneficial
Date of transaction 1 October 2024
Nature of transaction On market purchase of securities to satisfy the
obligations arising from the vesting of PBLTIS
conditional share awards
Number of securities 10 500
Class of securities Ordinary shares
Purchase price R71.99 per share
Value of transaction R755 895.00
Nature of interest Direct beneficial
Shareholders are further advised of the dealings in the Company's securities by executive directors
and the company secretary as disclosed below:
Director: Andrew Hall
Company Adcock Ingram
Date of transaction 30 September 2024
Nature of transaction On market sale of shares pursuant to the
vesting of conditional share awards in terms
of the PBLTIS
Class of securities Ordinary shares
Number of share awards vested and sold 197 450
Exercise and sale price per share R67.40 per share
Value of transaction R13 308 130.00
Nature of interest Direct beneficial
Director: Dorette Neethling
Company Adcock Ingram
Date of transaction 30 September 2024
Nature of transaction On market sale of shares pursuant to the
vesting of the conditional share awards in
terms of the PBLTIS
Class of securities Ordinary shares
Number of share awards vested and sold 98 000
Exercise and sale price per share R67.40 per share
Value of transaction R6 605 200.00
Nature of interest Direct beneficial
Director: Basadifeela Letsoalo
Company Adcock Ingram
Date of transaction 30 September 2024
Nature of transaction On market sale of shares pursuant to the
vesting of the conditional share awards in
terms of the PBLTIS
Class of securities Ordinary shares
Number of share awards vested and sold 87 575
Exercise and sale price per share R67.40 per share
Value of transaction R5 902 555.00
Nature of interest Direct beneficial
Company secretary: Lucky Phalafala
Company Adcock Ingram
Date of transaction 30 September 2024
Nature of transaction On market sale of shares pursuant to the
vesting of the conditional share awards in
terms of the PBLTIS
Class of securities Ordinary shares
Number of share awards vested and sold 27 000
Exercise and sale price per share R67.40 per share
Value of transaction R1 819 800.00
Nature of interest Direct beneficial
The requisite clearance has been received in respect of the above transactions.
Midrand
2 October 2024
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 02-10-2024 03:38:00
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.
