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ASTRAL FOODS LIMITED - Allocation of shares in terms of forfeitable share plan

Release Date: 03/12/2021 12:32
Code(s): ARL     PDF:  
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Allocation of shares in terms of forfeitable share plan

ASTRAL FOODS LIMITED
“Astral Foods”
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757

ALLOCATION OF SHARES IN TERMS OF FORFEITABLE SHARE PLAN

NOTICE OF SHARE ALLOCATIONS LODGED WITH THE JSE LIMITED IN TERMS OF
LISTINGS REQUIREMENTS PARAGRAPH 3.63 TO 3.74

Name of director:                CE Schutte
Designation:                     Chief Executive Officer
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in
                                 terms of the Astral Foods
                                 Forfeitable Share Plan (“FSP”)
 
Number of shares:                72 837
Cost per share:                  R167.36
Value of shares:                 R12 189 825.00
Date of vesting:                 01 December 2024

Nature of transaction:           Award of forfeitable shares in
                                 terms of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of director:                DD Ferreira
Designation:                     Chief Financial Officer
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                20 261
Cost per share:                  R167.36
Value of shares:                 R3 390 840.00
Date of vesting:                 01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of director:                FG Van Heerden
Designation:                     Managing Director: Commercial
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                14 340
Cost per share:                  R167.36
Value of shares:                 R2 400 000.00
Date of vesting:                 01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of director:                GD Arnold
Designation:                     Group Chief Operating Officer
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                17 030
Cost per share:                  R167.35
Value of shares:                 R2 850 000.00
Date of vesting:                 01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of prescribed officer:      MJ Schmitz
Designation:                     Managing Director: Feed
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                14 340
Cost per share:                  R167.36
Value of shares:                 R2 400 000.00
Date of vesting:                 01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of prescribed officer:      E Potgieter
Designation:                     Director: Risk Management
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                9 262
Cost per share:                  R167.35
Value of shares:                 R1 550 000.00
Date of vesting period:          01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of prescribed officer:      G Jordaan
Designation:                     Human Resources Executive
Date of allocation:              01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                9 262
Cost per share:                  R167.35
Value of shares:                 R1 550 000.00
Date of vesting period:          01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Name of company secretary:       L Marupen
Date of transaction:             01 December 2021
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP

Number of shares:                2 988
cost per share:                  R167.34
Value of shares:                 R500 000.00
Date of vesting period:          01 December 2024

Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)

Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes


Pretoria
03 December 2021

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited

Date: 03-12-2021 12:32:00
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