AVI : Dealings in securities:
AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")
ACCEPTANCE OF SHARE OPTIONS BY AN AVI DIRECTOR AND THE AVI
COMPANY SECRETARY
In compliance with sections 3.63 - 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:
Director : Owen Cressey
Date of transaction : 9 December 2019
Nature of transaction : Acceptance of options in the AVI
Revised Executive Share Incentive
Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 150 210
Option allocation price : R83.91
Total value of transaction : R12 604 121.10
Vesting period : 3 years
Nature and extent of
Director's interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Company Secretary : Sureya Scheepers
Date of transaction : 9 December 2019
Nature of transaction : Acceptance of options in the AVI
Revised Executive Share Incentive
Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 16 369
Option allocation price : R83.91
Total value of transaction : R1 373 522.79
Vesting period : 3 years
Nature and extent of
interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Illovo
9 December 2019
Sponsor
The Standard Bank of South Africa Limited
Date: 09-12-2019 12:45:00
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