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
|
28 January 2025 (1)
30 January 2025 (2) 3 February 2025 (3) 4 February 2025 (4) 5 February 2025 (5) 6 February 2025 (6) 7 February 2025 (7) 10 February 2025 (8) 11 February 2025 (9) |
| NATURE OF TRANSACTIONS | Purchase of shares (on-market transaction) (1 – 9) |
| NUMBER OF SECURITIES TRANSACTED | 97 661 (1)
132 (2) 123 (3) 25 364 (4) 34 513 (5) 6 000 (6) 92 (7) 1 708 (8) 150 (9) |
| PRICE PER SECURITY (CENTS)
|
High: 463 (1)
Low: 465 (1) VWAP: 464.38 (1)
460 (2)
464 (3)
High: 465 (4) Low: 463 (4) VWAP: 463.83 (4)
High: 464 (5) Low: 440 (5) VWAP: 460.75 (5)
464 (6)
464 (7)
High: 464 (8) Low: 440 (8) VWAP: 448.80 (8)
464 (9) |
| CLASS OF SECURITIES | Ordinary Shares (1-9) |
| TOTAL RAND VALUE OF SECURITIES | R453 588,27 (1)
R607,20 (2) R570,72 (3) R117 657,99 (4) R159 831,70 (5) R27 840,00 (6) R426,88 (7) R7 684,52 (8) R696,00 (9) |
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the Listings Requirements.
Johannesburg
13 February 2025
Sponsor
Valeo Capital (Pty) Ltd