Sharenet Sites 
Sharenet Sites
Exercise And Related Settlement Of Share Options In Terms Of The Stadio Holdings Limited Share Incentive Trust
STADIO HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/371398/06)
Share code: SDO
ISIN: ZAE000248662
LEI: 3789007C8FB26515D966
("STADIO Holdings" or "the Company")
EXERCISE AND RELATED SETTLEMENT OF SHARE OPTIONS IN TERMS OF THE
STADIO HOLDINGS LIMITED SHARE INCENTIVE TRUST
In compliance with the JSE Listings Requirements, the following information regarding the
exercise of share options by directors, a prescribed officer, and a director of a major subsidiary
of STADIO Holdings are disclosed to shareholders.
Upon the exercise of the share options referred to below, in the instances where the
beneficiaries elected to have their options settled on a net-equity basis, STADIO Holdings
elected to settle same on an after-tax equity settlement basis, through the award of ordinary
shares as detailed below:
1.
NAME OF DIRECTOR Mr Christian Phillipus David Vorster
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R3.64 (1)
R4.58 (2)
R4.79 (3)
NUMBER OF OPTIONS EXERCISED 305 372 (1)
221 336 (2)
324 802 (3)
VESTING DATE OF OPTIONS 3 April 2026 (1-3)
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026 (1 - 3)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 113 853 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(2) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 72 394 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(3) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 102 916 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
NAME OF ASSOCIATE Bredamonti Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director and shareholder of the
associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
2.
NAME OF DIRECTOR Dr Divya Singh
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R2.62 (1)
R3.64 (2)
R4.58 (3)
R4.79 (4)
NUMBER OF OPTIONS EXERCISED 211 134 (1)
276 358 (2)
241 650 (3)
211 926 (4)
VESTING DATE OF OPTIONS 3 April 2026 (1-4)
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026 (1-4)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 89 199 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(2) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 103 035 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(3) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 79 039 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(4) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 67 151 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
3.
NAME OF PRESCRIBED OFFICER / Mr Jacobus Johannes Human
DIRECTOR
COMPANY OF WHICH A STADIO Holdings Limited
PRESCRIBED OFFICER
COMPANY OF WHICH A DIRECTOR STADIO Proprietary Limited
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R2.62 (1)
R3.64 (2)
R4.58 (3)
R4.79 (4)
NUMBER OF OPTIONS EXERCISED 266 063 (1)
225 896 (2)
259 295 (3)
145 784 (4)
VESTING DATE OF OPTIONS 3 April 2026 (1-4)
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026 (1-5)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting
date during which options can be exercised
NATURE OF TRANSACTION (1) Exercise of options and acquisition of 266 063
shares by the prescribed officer at the strike
price of R2.62 (off-market transaction)
(2) Exercise of options and acquisition of 225 896
shares by the prescribed officer at the strike
price of R3.64(off-market transaction)
(3) Exercise of options and acquisition of 259 295
shares by the prescribed officer at the strike
price of R4.58 (off-market transaction)
(4) Exercise of options and acquisition of 145 784
shares by the prescribed officer at the strike
price of R4.79 (off-market transaction)
NAME OF ASSOCIATE Working Class Heroes Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director of the associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
4.
NAME OF DIRECTOR Mr Albertus van der Merwe Roux
COMPANY OF WHICH A DIRECTOR STADIO Proprietary Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R4.58 (1)
R4.79 (2)
NUMBER OF OPTIONS EXERCISED 74 781 (1)
197 735 (2)
VESTING DATE OF OPTIONS 3 April 2026
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026
PERIOD OF EXERCISE Participants have a 30-day period from the
vesting date during which options can be
exercised
NATURE OF TRANSACTION (1) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 24 459 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
(2) Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 62 654 shares to the director at the
last traded share price of R11.30 on 7 April
2026 (off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
5.
NAME OF DIRECTOR Ms Diaan Lawrenson
COMPANY OF WHICH A DIRECTOR The South African School of Motion Picture
Medium and Live Performance Proprietary
Limited ("AFDA")
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R4.79
NUMBER OF OPTIONS EXERCISED 51 208
VESTING DATE OF OPTIONS 3 April 2026
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026
PERIOD OF EXERCISE Participants have a 30-day period from the
vesting date during which options can be
exercised
NATURE OF TRANSACTION Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 16 226 shares to the director at the last
traded share price of R11.30 on 7 April 2026 (off-
market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
6.
NAME OF DIRECTOR Mr Andrew Charles Horsfall
COMPANY OF WHICH A DIRECTOR Milpark Education Proprietary Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R4.79
NUMBER OF OPTIONS EXERCISED 370 860
VESTING DATE OF OPTIONS 3 April 2026
EXERCISE DATE OF OPTIONS After close of business on 7 April 2026
PERIOD OF EXERCISE Participants have a 30-day period from the
vesting date during which options can be
exercised
NATURE OF TRANSACTION Exercise of options by the director and related
after-tax net-equity settlement by way of the
award of 117 510 shares to the director at the
last traded share price of R11.30 on 7 April 2026
(off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
To the extent required, clearance for the above was obtained in terms of the JSE Listings
Requirements.
Durbanville
8 April 2026
Sponsor
PSG Capital
Date: 08-04-2026 05:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
