QUANTUM FOODS HOLDINGS LIMITED - Exercise Of Phantom Share Rights In Terms Of The Equity Settled Phantom Share Plan And Dealing In Company Shares

Exercise Of Phantom Share Rights In Terms Of The Equity Settled Phantom Share Plan And Dealing In Company Shares

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Code: ZAE000193686
("Quantum Foods" or "the Company")

EXERCISE OF PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM FOODS
HOLDINGS LIMITED EQUITY SETTLED PHANTOM SHARE PLAN AND DEALING IN
COMPANY SHARES

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of phantom share rights is disclosed:

 NAME OF DIRECTOR                                Andre Hugo Muller

 COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares


 NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                 exercise of phantom share rights in terms
                                                 of the Quantum Phantom Share Plan
                                                 (off-market transaction)

 DATE OF EXERCISE OF PHANTOM                     22 May 2020
 SHARE RIGHTS

 VESTING DATE OF PHANTOM SHARE                   27 February 2020
 RIGHTS EXERCISED

 PERIOD OF EXERCISE                              Participants have a 12 month period from
                                                 the vesting date during which phantom
                                                 share rights can be exercised

 NUMBER OF ORDINARY SHARES                       48 928
 DELIVERED

 PRICE PER ORDINARY SHARE                        R3.3746
 DELIVERED

 TOTAL RAND VALUE OF ORDINARY                    R165 113.46
 SHARES DELIVERED

 PHANTOM SHARE RIGHTS STRIKE                     R3.148
 PRICE

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

 DEALING IN COMPANY SHARES

 NAME OF DIRECTOR                                Andre Hugo Muller

 COMPANY OF WHICH A DIRECTOR                     Quantum Foods Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 DATE OF TRANSACTION                             22 May 2020

 NUMBER OF SECURITIES                            22 716
 TRANSACTED 

 PRICE PER ORDINARY SHARE                        High: R3.31
                                                 Low: R3.30
                                                 Average: R3.3056

 TOTAL RAND VALUE OF SECURITIES                  R75 090.01
 TRANSACTED

 NATURE OF TRANSACTION                           Disposal of ordinary shares to cover
                                                 taxation as a result of the exercise of the
                                                 phantom share rights
                                                 (on-market transaction)

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION


 Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited
 Listings Requirements.

 Wellington
 26 May 2020
 
 Sponsor
 PSG Capital

Date: 26-05-2020 08:30:00
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