|
Acceptance of Options by Directors
ALARIS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/011142/06)
Share code: ALH
ISIN: ZAE000201554
(“Alaris” or “the Company”)
ACCEPTANCE OF OPTIONS BY DIRECTORS AND DIRECTOR OF A MAJOR
SUBSIDIARY IN TERMS OF THE COMPANY SHARE INCENTIVE SCHEME
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of options is disclosed:
NAME OF DIRECTORS Gisela Heyman (1)
Jürgen Dresel (2)
Elsie Müller (3)
Chris Vale (4)
Samu Lentonen (5)
Jim Detert (6)
COMPANY OF WHICH ARE DIRECTORS/ Alaris Holdings Limited (1) – (4)
PRESCRIBED OFFICERS COJOT Oy (5)
MWAVE LLC (6)
STATUS Executive Directors (1)-(3) and (5)-(6) and
prescribed officer (4)
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the Company
Share Incentive Scheme
DATE OF ACCEPTANCE OF OPTIONS (1) – (5) 26 October 2020
(6) 27 October 2020
DATE OF AWARD OF OPTIONS 15 October 2020
OPTION STRIKE PRICE R0.00
NUMBER OF OPTIONS ACCEPTED 1) 1 086 000
2) 1 654 900
3) 808 800
4) 931 500
5) 1 105 800
6) 1 223 500
TOTAL RAND VALUE OF OPTIONS R0.00
ACCEPTED
VESTING DATES OF OPTIONS The options will vest on 30 September
2023, if the participant is still employed and
to the extent that the following
performance vesting criteria are met:
• 3-year cumulative growth in
normalised earnings per share
from year-end preceding the award
(30 June 2020) to the year-end
preceding vesting (30 June 2023).
• The options will vest in full if the
normalised earnings per share
increase by a cumulative 72% over
the period (72% being calculated
as 20% per year, compounded for
3 years).
• No options will vest if the
normalised earnings per share did
not increase over the period by at
least a cumulative minimum
threshold of 9.81% over the period
(9.81% being calculated as 3.2%
per year, compounded for 3 years).
• The options are unlocked
proportionally from 0% if the
minimum threshold is achieved.
PERIOD OF EXERCISE Participants have a 90-day period from
the vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Pretoria
27 October 2020
Designated Adviser
PSG Capital
Date: 27-10-2020 04:28:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||
|
|||||||||
