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Exercise of Options by Directors in Terms of the Frontier Group Employee Option Scheme
FRONTIER TRANSPORT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
("Frontier")
EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE FRONTIER GROUP EMPLOYEE OPTION SCHEME ("SCHEME")
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the exercise of options is disclosed:
NAME OF DIRECTOR FE Meyer
COMPANY OF WHICH A DIRECTOR Frontier
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Exercise of award of options to acquire ordinary
shares in terms of the Scheme (off-market
transaction)
DATE OF AWARD OF OPTIONS 31 March 2021
DATE OF EXERCISE OF OPTIONS 10 June 2025
OPTION STRIKE PRICE 691 cents (10% discount to Frontier's 20-day
volume weighted average traded price prior to 10
June 2025)
NUMBER OF OPTIONS EXERCISED 119 670
TOTAL RAND VALUE OF OPTIONS R826 920
VESTING DATES OF OPTIONS Vesting in tranches of 33.33% each on the 3rd,
4th and 5th anniversary of the option award date.
PERIOD OF EXERCISE The director has a period of six months from the
vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
NAME OF DIRECTOR ML Wilkin
COMPANY OF WHICH A DIRECTOR Frontier
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Exercise of award of options to acquire ordinary
shares in terms of the Scheme (off-market
transaction)
DATE OF AWARD OF OPTIONS 31 March 2021
DATE OF EXERCISE OF OPTIONS 10 June 2025
OPTION STRIKE PRICE 691 cents (10% discount to Frontier's 20-day
volume weighted average traded price prior to 10
June 2025)
NUMBER OF OPTIONS EXERCISED 74 990
TOTAL RAND VALUE OF OPTIONS R518 181
VESTING DATES OF OPTIONS Vesting in tranches of 33.33% each on the 3rd,
4th and 5th anniversary of the option award date.
PERIOD OF EXERCISE The director has a period of six months from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance to exercise the above share option awards was obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.
Cape Town
11 June 2025
Sponsor
Investec Bank Limited
Date: 11-06-2025 04:55:00
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