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Settlement of shares in terms of the Adcorp Share Plan
ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
(“Adcorp” or the “Company”)
SETTLEMENT OF SHARES IN TERMS OF THE ADCORP SHARE PLAN
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements,
the following information regarding the settlement of performance shares (“Awards”)
to the company secretary, prescribed officers and director of a major subsidiary of
the Company in terms of the Adcorp Share Plan is disclosed:
NAME OF COMPANY SECRETARY Lisa Laporte
COMPANY OF WHICH THE COMPANY Adcorp
SECRETARY
STATUS Company secretary of Adcorp
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Settlement of ordinary shares as a result
of the vesting of Awards in terms of the
Adcorp Share Plan (net of tax)
(Off-market transaction)
SETTLEMENT DATE 05 July 2022
NUMBER OF SHARES SETTLED 4 161
PRICE PER SETTLED SHARE No Cost
DEEMED VALUE AT SETTLEMENT R24 966.00 (At the price per share on
the date of settlement, being R6.00
per share)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
NAME OF PRESCRIBED OFFICER Rob De Grooth
COMPANY OF WHICH A PRESCRIBED Adcorp
OFFICER
STATUS Prescribed officer of Adcorp and
Managing Director: Contingent and
Functional Outsourcing
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Settlement of ordinary shares as a result
of the vesting of Awards in terms of the
Adcorp Share Plan (net of tax)
(Off-market transaction)
SETTLEMENT DATE 05 July 2022
NUMBER OF SHARES SETTLED 20 937
PRICE PER SETTLED SHARE No Cost
DEEMED VALUE AT SETTLEMENT R125 622.00 (At the price per share on
the date of settlement, being R6.00
per share)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
NAME OF PRESCRIBED OFFICER Bruce Toerien
COMPANY OF WHICH A PRESCRIBED Adcorp
OFFICER
STATUS Prescribed officer of Adcorp and
Managing Director: Training
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Settlement of ordinary shares as a result
of the vesting of Awards in terms of the
Adcorp Share Plan (net of tax)
(Off-market transaction)
SETTLEMENT DATE 05 July 2022
NUMBER OF SHARES SETTLED 8 271
PRICE PER SETTLED SHARE No Cost
DEEMED VALUE AT SETTLEMENT R49 626.00 (At the price per share on
the date of settlement, being R6.00
per share)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
NAME OF DIRECTOR OF MAJOR Vinolia Singh
SUBSIDIARY
COMPANY OF WHICH A DIRECTOR Adcorp Workforce Solutions
STATUS Director of major subsidiary of Adcorp
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Settlement of ordinary shares as a result
of the vesting of Awards in terms of the
Adcorp Share Plan (net of tax)
(Off-market transaction)
SETTLEMENT DATE 05 July 2022
NUMBER OF SHARES SETTLED 20 890
PRICE PER SETTLED SHARE No Cost
DEEMED VALUE AT SETTLEMENT R125 340.00 (At the price per share on
the date of settlement, being R6.00
per share)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited
Listings Requirements.
Johannesburg
06 July 2022
Sponsor
PSG Capital
Date: 06-07-2022 01:16:00
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