AVI LIMITED - Dealings in securities

Dealings in securities

AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:

Name of director             :   Roelf van der Laan
Name of company              :   National Brands Limited
Date of transaction          :   15 October 2020
Number of options granted    :   3 274
Option allocation price      :   R97.55
Total value of transaction   :   R319 378.70
Class of securities          :   Ordinary shares
Nature of transaction        :   Exercise of options granted in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of Director             :   Roelf van der Laan
Name of Company              :   National Brands Limited
Date of transaction          :   15 October 2020
Number of options granted    :   2 449
Price per share              :   R76.65
Total value of transaction   :   R 187 715.85
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares in terms of the
                                 options exercised above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Name of Director             :   Roelf van der Laan
Name of Company              :   National Brands Limited
Date of transaction          :   15 October 2020
Number of options granted    :   825
Price per share              :   R74.31
Total value of transaction   :   R 61 305.75
Class of securities          :   Ordinary shares
Nature of transaction        :   Transfer of shares in terms of the
                                 options exercised above
Extent of interest           :   Direct beneficial

The above transaction was done off-market.
Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
16 October 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 16-10-2020 11:30:00
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