DEALINGS BY THE ADCORP LONG-TERM INCENTIVE (“LTI”) PLAN
ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
(“Adcorp” or “the Company“)
DEALINGS BY THE ADCORP LONG-TERM INCENTIVE (“LTI”) PLAN
In terms of paragraph 3.96 of the JSE Limited Listings Requirements (“Listings Requirements”), shareholders are hereby advised that the third-party brokerage mandated by Adcorp, has notified Adcorp of the following on-market purchases of shares in order to settle forfeitable share awards made by Adcorp to participants in terms of the Adcorp LTI Plan:
| DATE OF TRANSACTIONS
|
18 December 2024 (1)
19 December 2024 (2) 20 December 2024 (3) 23 December 2024 (4) 24 December 2024 (5)
|
| NATURE OF TRANSACTIONS | Purchase of shares (on-market transaction) (1 – 5) |
| NUMBER OF SECURITIES TRANSACTED | 44 994 (1)
6 615 (2) 3 029 (3) 559 (4) 24 (5)
|
| PRICE PER SECURITY (CENTS)
|
High: 492 (1)
Low: 470 (1) VWAP: 487,36 (1)
High: 490 (2) Low: 489 (2) VWAP: 489,67 (2)
High: 480 (3) Low: 480(3) VWAP: 480 (3)
High: 480 (4) Low: 480(4) VWAP: 480 (4) High: 480 (5) Low: 480(5) VWAP: 480 (5) |
| CLASS OF SECURITIES | Ordinary Shares (1-5) |
| TOTAL RAND VALUE OF SECURITIES | R219 358,21 (1)
R32 374,63 (2) R14 539,20 (3) R2 683,20 (4) R115,20 (5) |
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the Listings Requirements.
Johannesburg
27 December 2024
Sponsor
Valeo Capital (Pty) Ltd