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Dealings in securities
AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)
ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS, DIRECTORS OF MAJOR
SUBSIDIARIES AND THE AVI COMPANY SECRETARY
In compliance with sections 3.63 – 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:
Director : Simon Crutchley
Company : AVI
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 37 340
Option allocation price : R83.91
Total value of transaction : R3,133,199.40
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Owen Cressey
Company : AVI
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 15 764
Option allocation price : R83.91
Total value of transaction : R1,322,757.24
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Michael Koursaris
Company : AVI
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 11 346
Option allocation price : R83.91
Total value of transaction : R952,042.86
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : David Hood
Company : National Brands Limited
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 8 796
Option allocation price : R83.91
Total value of transaction : R738,072.36
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Gaynor Poretti
Company : National Brands Limited
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 4 205
Option allocation price : R83.91
Total value of transaction : R352,841.55
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Roelf van der Laan
Company : National Brands Limited
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 2 627
Option allocation price : R83.91
Total value of transaction : R220 431.57
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Jonty Jankovich-Besan
Company : Irvin & Johnson Holding Company
(Pty) Ltd
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 5 702
Option allocation price : R83.91
Total value of transaction : R478,454.82
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Brendon Lucke
Company : Irvin & Johnson Holding Company
(Pty) Ltd
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 2 910
Option allocation price : R83.91
Total value of transaction : R244,178.10
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Harsha Govind
Company : Irvin & Johnson Holding Company
(Pty) Ltd
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 780
Option allocation price : R83.91
Total value of transaction : R65,449.80
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Company Secretary : Sureya Scheepers
Company : AVI
Date of transaction : 7 October 2019
Nature of transaction : Acceptance of options in the AVI
Deferred Bonus Share Plan
Class of securities : Options in respect of ordinary
shares
Number of options granted : 901
Option allocation price : R83.91
Total value of transaction : R75,602.91
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Illovo
7 October 2019
Sponsor
The Standard Bank of South Africa Limited
Date: 07/10/2019 10:30:00
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