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CASALES:  1,385   +5 (+0.36%)  28/05/2026 13:55

CA SALES HOLDINGS LIMITED - Exercise of Options by Directors and Directors of a Major Subsidiary of the Company

Release Date: 28/05/2026 12:00
Code(s): CAA     PDF:  
Wrap Text
Exercise of Options by Directors and Directors of a Major Subsidiary of the Company

CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited ("JSE") share code: CAA
Botswana Stock Exchange ("BSE") share code: CAS-EQO
ISIN: ZAE400000036
("CA&S" or the "Company")

EXERCISE OF OPTIONS BY DIRECTORS AND DIRECTORS OF A MAJOR SUBSIDIARY
OF THE COMPANY IN TERMS OF THE CA SALES HOLDINGS SHARE INCENTIVE
TRUST

In compliance with the JSE Listings Requirements and the BSE Listings Requirements,
respectively, the following information regarding the exercise of options is disclosed:

1.
 NAME OF DIRECTOR                              Duncan Lewis

 COMPANY OF WHICH A DIRECTOR                   CA Sales Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE               Executive

 TYPE AND CLASS OF SECURITIES                  Options to acquire ordinary shares

 NATURE OF DEALINGS                            Exercise of options by the director at the last
                                               traded   share     price   of    R13.45     on
                                               26 May 2026, and related after-tax net-equity
                                               settlement
                                               (Off-market dealings)

 VESTING DATES                                 13 March 2026                (1)
                                               15 March 2026                (2)
                                               24 March 2026                (3)
                                               25 March 2026                (4)

 STRIKE PRICES (RAND)                          R5.07*                       (1)
                                               R4.74*                       (2)
                                               R6.76*                       (3)
                                               R11.29*                      (4)

 EXERCISE DATE                                 27 May 2026

 NUMBER OF OPTIONS EXERCISED                   284,625                      (1)
                                               343,950                      (2)
                                               240,300                      (3)
                                               157,525                      (4)

 NUMBER OF SHARES TO BE RECEIVED                97,534                      (1)
                                               122,504                      (2)
                                                65,738                      (3)
                                                13,913                      (4)

 PERIOD OF EXERCISE                            Participants have a 180-day period from the
                                               vesting date during which options can be
                                               exercised.

 NATURE AND EXTENT OF INTEREST IN THE          Direct, beneficial
 DEALINGS

2.
 NAME OF DIRECTOR                       Frans Reichert

 COMPANY OF WHICH A DIRECTOR            CA Sales Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE        Executive

 TYPE AND CLASS OF SECURITIES           Options to acquire ordinary shares

 NATURE OF DEALINGS                     Exercise of options by the director at the last
                                        traded    share     price    of   R13.45      on
                                        26 May 2026, through a combination of cash
                                        (2a) and related after-tax net-equity settlement
                                        (1, 2b,3 & 4)
                                        (Off-market dealings)

 VESTING DATES                          13 March 2026                (1)
                                        15 March 2026                (2)
                                        24 March 2026                (3)
                                        25 March 2026                (4)

 STRIKE PRICES (RAND)                   R5.07*                       (1)
                                        R4.74*                       (2)
                                        R6.76*                       (3)
                                        R11.29*                      (4)

 EXERCISE DATE                          27 May 2026

 NUMBER OF OPTIONS EXERCISED             61,225                      (1)
                                         36,000                      (2a)
                                        315,925                      (2b)
                                         99,650                      (3)
                                         99,650                      (4)

 NUMBER OF SHARES TO BE RECEIVED         20,980                      (1)
                                         36,000                      (2a)
                                        112,523                      (2b)
                                         27,261                      (3)
                                          8,801                      (4)

 PERIOD OF EXERCISE                     Participants have a 180-day period from the
                                        vesting date during which options can be
                                        exercised.

 NATURE AND EXTENT OF INTEREST IN THE   Direct, beneficial
 DEALINGS

3.
 NAME OF DIRECTOR                       Kaushik Shah

 COMPANY OF WHICH A DIRECTOR            CA Sales and Distribution (Pty) Ltd
                                        (a major subsidiary of the Company)

 STATUS: EXECUTIVE/NON-EXECUTIVE        Executive

 TYPE AND CLASS OF SECURITIES           Options to acquire ordinary shares

 NATURE OF DEALINGS                     Exercise of options by the director at the last
                                        traded   share     price   of    R13.45     on
                                        26 May 2026, and related after-tax net-equity
                                        settlement
                                        (Off-market dealings)
 
 VESTING DATES                          13 March 2026                 (1)
                                        15 March 2026                 (2)
                                        24 March 2026                 (3)
                                        25 March 2026                 (4)

 STRIKE PRICES (RAND)                   R5.07*                        (1)
                                        R4.74*                        (2)
                                        R6.76*                        (3)
                                        R11.29*                       (4)

 EXERCISE DATE                          27 May 2026

 NUMBER OF OPTIONS EXERCISED            70,800                        (1)
                                        84,125                        (2)
                                        89,850                        (3)
                                        34,150                        (4)

 NUMBER OF SHARES TO BE RECEIVED        33,083                        (1)
                                        40,858                        (2)
                                        33,518                        (3)
                                         4,113                        (4)

 PERIOD OF EXERCISE                     Participants have a 180-day period from the
                                        vesting date during which options can be
                                        exercised.

 NATURE AND EXTENT OF INTEREST IN THE   Direct, beneficial
 DEALINGS

4.
 NAME OF DIRECTOR                       Vikas Mehta

 COMPANY OF WHICH A DIRECTOR            CA Sales and Distribution (Pty) Ltd
                                        (a major subsidiary of the Company)

 STATUS: EXECUTIVE/NON-EXECUTIVE        Executive

 TYPE AND CLASS OF SECURITIES           Options to acquire ordinary shares

 NATURE OF DEALINGS                     Exercise of options by the director at the last
                                        traded   share     price   of    R13.45     on
                                        26 May 2026, and related after-tax net-equity
                                        settlement
                                        (Off-market dealings)

 VESTING DATES                          15 March 2026           (1)
                                        24 March 2026           (2)
                                        25 March 2026           (3)

 STRIKE PRICES (RAND)                   R4.74*                  (1)
                                        R6.76*                  (2)
                                        R11.29*                 (3)

 EXERCISE DATE                          27 May 2026

 NUMBER OF OPTIONS EXERCISED             69,525                (1)
                                        108,450                (2)
                                         31,100                (3)

 NUMBER OF SHARES TO BE RECEIVED        33,767                 (1)
                                        40,457                 (2)
                                         3,745                 (3)
 PERIOD OF EXERCISE                     Participants have a 180-day period from the
                                        vesting date during which options can be
                                        exercised.

 NATURE AND EXTENT OF INTEREST IN THE   Direct, beneficial
 DEALINGS

* At the grant date, the strike prices were reflected in Botswana Pula. The strike prices are
  reflected here in South African Rand, based on the exchange rate at each grant date.

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

Centurion
28 May 2026

JSE Sponsor                                  BSE Sponsoring Broker
PSG Capital                                  Imara Capital Securities

Date: 28-05-2026 12:00:00
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