Acceptance of awards by the Group Chief Executive Officer Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/025226/06) ISIN: ZAE000191516 Share Code: AFH (“the Company” or “Alexander Forbes” or “the Group”) ACCEPTANCE OF AWARDS BY THE GROUP CHIEF EXECUTIVE OFFICER In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are advised that the Group Chief Executive Officer received allocations and accepted awards in accordance with the Company’s long-term incentive plans namely, the group executive share plan (“the GEC Awards”) and the forfeitable share plan (“the Forfeitable Awards”), as follows. The allocations and their acceptances have received clearance in terms of paragraph 3.66 of the Listings Requirements and in line with the Company’s securities dealing and information policy. Group Chief Executive Officer : DJ de Villiers Company : Alexander Forbes Date of acceptance : 13 December 2018 Nature of transaction : Off market acceptance of GEC Awards Class of securities : Conditional Awards in respect of ordinary shares Number awarded : 1 950 810 Grant price : Based on 3 day VWAP (R5.15) Transaction value : R10 046 671.50 Nature of interest : Direct beneficial Vesting date : 01 November 2022 Nature of transaction : Off market acceptance of Forfeitable Awards Class of securities : Forfeitable Awards in respect of ordinary shares Number awarded : 1 867 510 Grant price : Based on 3 day VWAP (R5.15) Transaction value : R9 617 676.50 Nature of interest : Direct beneficial Vesting date : 01 November 2021 Carina Wessels Group General Counsel and Company Secretary 18 December 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/12/2018 11:29:00 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.
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