Adcorp: Dealing in securities by directors’ associate
Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139
(“Adcorp”)
Adcorp: Dealing in securities by directors’ associate
In compliance with the JSE Limited Listings Requirements, the following information is disclosed in respect of dealing in Adcorp ordinary shares (“securities”) by an associate of Adcorp directors:
Directors: Mr S Sithole and Mr MM Nkosi
Directors’ Associate: Value Capital Partners Proprietary Limited*
Date of transaction: 10 December 2019
Number of securities: 48 500
Nature of transaction: On-market acquisition of securities
Average Share price: R12.3952
Lowest Share price: R12.33
Highest Share price: R12.40
Total value of transaction: R601 167.20
Date of transaction: 11 December 2019
Number of securities: 71 702
Nature of transaction: On-market acquisition of securities
Average Share price: R12.3122
Lowest Share price: R12.19
Highest Share price: R12.50
Total value of transaction: R882 809.36
Nature of interest: Indirect, Beneficial
Clearance obtained: Yes
* Mr S Sithole and Mr MM Nkosi have an indirect beneficial interest in Value Capital Partners Proprietary Limited (“VCP”), which is the advisor to Legae Peresec Fund Platform Proprietary Limited, the registered investment manager for various funds advised by VCP.
13 December 2019
Sandton
Sponsor: Nedbank Corporate and Investment Banking