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 | 12 November 2024 (1)
13 November 2024 (2) |
| NATURE OF TRANSACTIONS | Purchase of shares (on-market transaction) (1 and 2) |
| NUMBER OF SECURITIES TRANSACTED | 146 151 (1)
50 000 (2) |
| PRICE PER SECURITY (CENTS) | High: 483 cents (1)
Low: 482 cents (1) VWAP: 483 cents (1)
High: 500 cents (2) Low: 480 cents (2) VWAP: 499 cents (2) |
| CLASS OF SECURITIES | Ordinary Shares (1 and 2) |
| TOTAL RAND VALUE OF SECURITIES | R705 187.15 (1)
R246 256.62 (2) |
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the Listings Requirements.
Johannesburg
18 November 2024
Sponsor
Valeo Capital (Pty) Ltd