ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
(“ADvTECH” or “the Company”)
DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY, PRESCRIBED OFFICERS AND GROUP COMPANY SECRETARY
In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed.
Name of Director: JDR Oesch
Designation: Group Commercial Director
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 191 413
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R5 349 993.35
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
Name of Officer: DL Honey
Designation: Prescribed Officer
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 125 259
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R3 500 989.05
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
Name of Officer: MD Aitken
Designation: Prescribed Officer
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 106 045
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R2 963 957.75
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
Name of Officer: L Wiseman
Designation: Prescribed Officer
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 77 056
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R2 153 715.20
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
Name of Officer: SCD Lurie
Designation: A director of a major subsidiary of ADvTECH, The Independent Institute of Education (Pty) Ltd
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 49 293
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R1 377 739.35
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
Name of Officer: CB Crouse
Designation: Group Company Secretary
Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI).
Number of securities: 23 009
Date of Award 21 May 2024
Class of securities: Ordinary
Price of share: R27.95
Total value of transaction: R643 101.55
Date of transaction: 14 June 2024
Nature of interest: Direct beneficial
The date of vesting is 21 May 2027.
14 June 2024
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited