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ALVIVA HOLDINGS LIMITED - Vesting Of Forfeitable Share Grants To Directors

Release Date: 29/11/2019 09:52
Code(s): AVV     PDF:  
 
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Vesting Of Forfeitable Share Grants To Directors

Alviva Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “The Company”)

VESTING OF FORFEITABLE SHARE GRANTS TO DIRECTORS

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, the following information is
provided regarding the vesting of forfeitable share grants to the undermentioned directors and officers of
the Company and its major subsidiary companies. The necessary authority in terms of paragraph 3.66
was obtained and these were off-market transactions:

 DIRECTORS AND OFFICERS OF ALVIVA HOLDINGS LIMITED
 Name                                 P Spies
 Office held                          Chief Executive Officer
 Company                              Alviva Holdings Limited
 Date of transaction                  25 November 2019
                                      Vesting of forfeitable share grants in terms of the Alviva
 Nature of transaction
                                      Holdings Forfeitable Share Plan
 Number of forfeitable shares granted 360 000
 Date of grants                       25 November 2016
 Cents per share                      1 430.00
 Vesting period                       3 years from date of grant
 Percentage of grants vested          67%
 Class of securities                  Alviva ordinary shares
 Number of forfeitable shares vested  241 200
 Total value of transaction           R3 449 160
 Nature of interest                   Direct beneficial

 Name                                            RD Lyon
 Office held                                     Chief Financial Officer
 Company                                         Alviva Holdings Limited
 Date of transaction                             25 November 2019
                                                 Vesting of forfeitable share grants in terms of the Alviva
 Nature of transaction
                                                 Holdings Forfeitable Share Plan
 Number of forfeitable shares granted            210 000
 Date of grants                                  25 November 2016
 Cents per share                                 1 430.00
 Vesting period                                  3 years from date of grant
 Percentage of grants vested                     67%
 Class of securities                             Alviva ordinary shares
 Number of forfeitable shares vested             140 700
 Total value of transaction                      R2 012 010
 Nature of interest                              Direct beneficial

 Name                                            JV Parkin
 Office held                                     Chief Commercial Officer (Prescribed Officer)
 Company                                         Alviva Holdings Limited
 Date of transaction                             25 November 2019
                                       Vesting of forfeitable share grants in terms of the Alviva
Nature of transaction
                                       Holdings Forfeitable Share Plan
Number of forfeitable shares granted   50 000
Date of grants                         25 November 2016
Cents per share                        1 430.00
Vesting period                         3 years from date of grant
Percentage of grants vested            67%
Class of securities                    Alviva ordinary shares
Number of forfeitable shares vested    33 500
Total value of transaction             R479 050
Nature of interest                     Direct beneficial

DIRECTORS OF MAJOR SUBSIDIARIES

Name                                   TP Humphreys-Davies
Office held                            Managing Director
Company                                Pinnacle Micro (Pty) Ltd
Date of transaction                    25 November 2019
                                       Vesting of forfeitable share grants in terms of the Alviva
Nature of transaction
                                       Holdings Forfeitable Share Plan
Number of forfeitable shares granted   170 000
Date of grants                         25 November 2016
Cents per share                        1 430.00
Vesting period                         3 years from date of grant
Percentage of grants vested            67%
Class of securities                    Alviva ordinary shares
Number of forfeitable shares vested    113 900
Total value of transaction             R1 628 770
Nature of interest                     Direct beneficial

Name                                   CJ Brunsden
Office held                            Chief Executive Officer
Company                                Axiz (Pty) Ltd
Date of transaction                    25 November 2019
                                       Vesting of forfeitable share grants in terms of the Alviva
Nature of transaction
                                       Holdings Forfeitable Share Plan
Number of forfeitable shares granted   100 000
Date of grants                         25 November 2016
Cents per share                        1 430.00
Vesting period                         3 years from date of grant
Percentage of grants vested            67%
Class of securities                    Alviva ordinary shares
Number of forfeitable shares vested    67 000
Total value of transaction             R958 100
Nature of interest                     Direct beneficial

Name                                   CY Li
Office held                            Finance Director
Company                                Axiz (Pty) Ltd
Date of transaction                    25 November 2019
                                               Vesting of forfeitable share grants in terms of the Alviva
 Nature of transaction
                                               Holdings Forfeitable Share Plan
 Number of forfeitable shares granted          40 000
 Date of grants                                25 November 2016
 Cents per share                               1 430.00
 Vesting period                                3 years from date of grant
 Percentage of grants vested                   67%
 Class of securities                           Alviva ordinary shares
 Number of forfeitable shares vested           26 800
 Total value of transaction                    R383 240
 Nature of interest                            Direct beneficial


Midrand
29 November 2019


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 29-11-2019 09:52:00
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