| Tue 10 Oct 2023, 10:00 | | ADVTECH LIMITED - Dealings in securities by directors, prescribed officers, and a director of a major subsidiary: share vesting |
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Dealings in securities by directors, prescribed officers, and a director of a major subsidiary: share vesting
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
(“ADvTECH”)
DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS, AND A DIRECTOR OF A
MAJOR SUBSIDIARY: SHARE VESTING
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
transactions relating to directors, prescribed officer’s and a director of a major subsidiary dealings are
hereby disclosed, in terms of the provisions of the ADvTECH Management Share Incentive Scheme
(MSI), regarding performance and retention shares which have vested after 3 years.
Name of Director: RJ Douglas
Designation: Chief Executive Officer
Nature of transaction: Off-Market vesting of shares obtained in terms of
the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 557 011
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R11 836 483.75
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
Name of Director: JDR Oesch
Designation: Group Commercial Director
Nature of transaction: Off-Market vesting of shares obtained in terms
of the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 335 172
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R7 122 405.00
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
Name of Officer: L Wiseman
Designation: Prescribed Officer
Nature of transaction: Off-Market vesting of shares obtained in terms of
the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 126 230
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R2 682 387.50
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
Name of Officer: DL Honey
Designation: Prescribed Officer
Nature of transaction: Off-Market vesting of shares obtained in terms of
the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 320 451
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R6 809 583.75
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
Name of Officer: MD Aitken
Designation: Prescribed Officer
Nature of transaction: Off-Market vesting of shares obtained in terms of
the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 286 219
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R6 082 153.75
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
Name of Officer: SCD Lurie
Designation: Director of The Independent Institute of
Education (Pty) Ltd (a major subsidiary of
ADvTECH)
Nature of transaction: Off-Market vesting of shares obtained in terms of
the ADvTECH Limited Management Share
Incentive Scheme (MSI).
Number of securities: 68 478
Date of Award 16 September 2020
Class of securities: Ordinary
Price of share: R21.25
Total value of transaction: R1 455 157.50
Date of transaction: 9 October 2023
Nature of interest: Direct beneficial
The date of vesting is 15 September 2023. In terms of paragraph 3.66 of the Listings Requirements,
the necessary clearance to deal has been obtained for all the transactions set out above.
10 October 2023
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 10-10-2023 10:00:00
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