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KAP INDUSTRIAL HOLDINGS LIMITED - Dealings In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

Release Date: 07/01/2021 12:00
Code(s): KAP     PDF:  
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Dealings In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
(“KAP” or “the Company”)


In compliance with paragraph 14.9(d) of Schedule 14 and paragraphs 3.63 to 3.74 of the JSE
Limited Listings Requirements, the below-mentioned information is disclosed relating to the
dealings in KAP ordinary securities (“KAP Shares”) by the Company.

In terms of the KAP Performance Share Rights Scheme (the "Scheme"), the Company is
obliged to issue KAP Shares for delivery to participants of the Scheme to the extent that
vesting of rights has taken place in terms of the rules of the Scheme. In order to reduce the
effect of dilution on shareholders resulting from any potential future vestings that may take
place in terms of the Scheme, the Company is entitled to procure KAP Shares for delivery to
participants by acquiring such shares in the market. Accordingly, in terms of a repurchase
programme registered with the JSE Limited, the KAP Shares set out below were acquired to
facilitate the potential future delivery of KAP Shares under the Scheme.

 NAME OF SCHEME                                  KAP Performance Share Rights Scheme
 COMPANY TO WHICH THE SCHEME                     KAP Industrial Holdings Limited
 CLASS AND TYPE OF SECURITIES                    Ordinary Shares
 DATE OF TRANSACTIONS                            4 January 2021          (1)
                                                 5 January 2021          (2)
                                                 6 January 2021          (3)
 CENTS PER SHARE                                 VWAP: 321.88            (1)
                                                 High: 330
                                                 Low: 309
                                                 VWAP: 311.84            (2)
                                                 High: 320
                                                 Low: 306
                                                 VWAP: 312.16            (3)
                                                 High: 318
                                                 Low: 309
 NUMBER OF SECURITIES TRANSACTED                 1 078 055               (1)
                                                   602 548               (2)
                                                   429 050               (3)
 TOTAL RAND VALUE OF SECURITIES                  R3 470 043.43           (1)
                                                 R1 878 985.68           (2)
                                                 R1 339 322.48           (3)
 NATURE OF TRANSACTIONS                          Purchase by the Company of its own issued
                                                 shares via on-market transactions to enable
                                                 KAP to fulfil its obligations to participants
                                                 under the Scheme (1-3)

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Limited Listings Requirements.

7 January 2021

PSG Capital

Date: 07-01-2021 12:00:00
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