Dealing in Shares by a Subsidiary in Respect of the Adcorp Share Incentive Scheme
ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
(“Adcorp” or “the Group“)
DEALINGS IN SHARES BY A SUBSIDIARY IN RESPECT OF THE ADCORP SHARE INCENTIVE SCHEME
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed:
| NAME OF SUBSIDIARY | Torque Technical Computer Training (Pty) Ltd |
| HOLDING COMPANY | Adcorp Holdings Limited |
| STATUS | Wholly owned subsidiary |
| TYPE AND CLASS OF SECURITIES
|
Ordinary shares
|
| NATURE OF TRANSACTION
|
Purchase of shares by a subsidiary of the Company to enable it to satisfy certain obligations in terms of the Adcorp Holdings Share Inventive Scheme (on-market transaction)
|
| DATE OF TRANSACTION | 07 July 2021 |
| PRICE PER SECURITY
|
1. 1 443 @ R5.85
2. 81 @ R5.86 3. 10 408 @ R5.87 4. 14 270 @ R5.89 5. 238 798 @ R5.90 |
| NUMBER OF SECURITIES TRANSACTED
|
265 000 |
| TOTAL RAND VALUE OF SECURITIES TRANSACTED
|
R1 562 969.67 |
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
Johannesburg
08 July 2021
Sponsor
PSG Capital