QUANTUM FOODS HOLDINGS LIMITED - Exercise Of Phantom Share Rights In Terms Of The Quantum Foods Holdings Limited Equity Settled Phantom Share Plan An

Exercise Of Phantom Share Rights In Terms Of The Quantum Foods Holdings Limited Equity Settled Phantom Share Plan An

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: 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 DEALINGS 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:

 1.
 NAME OF DIRECTOR                                Hendrik Albertus Lourens

 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 SHARE               24 May 2019
 RIGHTS

 VESTING DATE OF PHANTOM SHARE                   27 February 2019
 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                       85 734
 DELIVERED

 PRICE PER ORDINARY SHARE                        R3.6505
 DELIVERED

 TOTAL RAND VALUE OF ORDINARY                    R312 971.97
 SHARES DELIVERED

 PHANTOM SHARE RIGHTS STRIKE PRICE               R3.148

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

 2.
 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                     24 May 2019
 SHARE RIGHTS

 VESTING DATE OF PHANTOM SHARE                   27 February 2019
 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                       52 904
 DELIVERED

 PRICE PER ORDINARY SHARE                        R3.6505
 DELIVERED

 TOTAL RAND VALUE OF ORDINARY                    R193 126.05
 SHARES DELIVERED

 PHANTOM SHARE RIGHTS STRIKE                     R3.148
 PRICE

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

 DEALINGS IN COMPANY SHARES

 1.
 NAME OF DIRECTOR                               Hendrik Albertus Lourens

 COMPANY OF WHICH A DIRECTOR                    Quantum Foods Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                Executive

 TYPE AND CLASS OF SECURITIES                   Ordinary shares

 DATE OF TRANSACTION                            24 May 2019

 NUMBER OF SECURITIES TRANSACTED                39 988
 
 PRICE PER ORDINARY SHARE                       R3.70

 TOTAL RAND VALUE OF SECURITIES                 R147 955.60

 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

 2.
 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                           24 May 2019

 NUMBER OF SECURITIES TRANSACTED               24 704

 PRICE PER ORDINARY SHARE                      R3.70

 TOTAL RAND VALUE OF SECURITIES                R91 404.80
 
 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
27 May 2019

Sponsor
PSG Capital

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