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
|
13 August 2025 (1)
15 August 2025 (2) 18 August 2025 (3) |
NATURE OF TRANSACTIONS | Purchase of shares (on-market transaction) (1 – 3) |
NUMBER OF SECURITIES TRANSACTED | 1 074 (1)
27 588 (2) 1 338 (3) |
PRICE PER SECURITY (CENTS)
|
High: 645 (1)
Low: 644 (1) VWAP: 644,75 (1)
High: 645 (2) Low: 637 (2) VWAP: 638,57 (2)
High: 638 (3) Low: 612 (3) VWAP: 625 (3) |
CLASS OF SECURITIES | Ordinary Shares (1-3) |
TOTAL RAND VALUE OF SECURITIES | R6 921,04 (1)
R175 842,39 (2) R8 530,72 (3) |
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the Listings Requirements.
Johannesburg
27 August 2025
Sponsor
Valeo Capital (Pty) Ltd