ALARIS HOLDINGS LIMITED - Exercise of Options in Terms of the Alaris Holdings Share Incentive Scheme

Release Date: 25/03/2019 16:00
Code(s): ALH
 
Wrap Text
Exercise of Options in Terms of the Alaris Holdings Share Incentive Scheme

ALARIS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/011142/06)
Share code: ALH
ISIN: ZAE000201554
(“Alaris” or “the Company”)

EXERCISE OF OPTIONS IN TERMS OF THE ALARIS HOLDINGS SHARE INCENTIVE
SCHEME

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

NAME OF DIRECTOR                                Gisela Heyman

COMPANY OF WHICH A DIRECTOR                     Alaris Holdings Limited

STATUS                                          Executive director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Acquisition of ordinary shares through the
                                                exercise of options in terms of Alaris
                                                Holdings Share Incentive Scheme (off-
                                                market transaction)

DATE OF EXERCISE OF OPTIONS                     19 March 2019

VESTING DATE OF OPTIONS EXERCISED               12 September 2018

OPTION STRIKE PRICE                             R2.30

NUMBER OF OPTIONS EXERCISED                     125 000

TOTAL RAND VALUE OF OPTIONS                     R287 500
EXERCISED

NUMBER OF ALARIS SHARES TO BE                   8 854
RECEIVED AS NET SETTLEMENT

PERIOD OF EXERCISE                              Based on an extension of the exercise
                                                period of this tranche by the board on 11
                                                October 2018, participants have until 11
                                                April 2019 during which options can be
                                                exercised.

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.

Pretoria
25 March 2019

Designated Adviser
PSG Capital

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