Dealing in shares by an Associate of a Director
ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
(“Adcorp” or “the Group“)
DEALING IN SHARES BY AN ASSOCIATE OF A DIRECTOR
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 DIRECTOR | C Smith |
| COMPANY OF WHICH A DIRECTOR | Adcorp |
| STATUS: EXECUTIVE/NON-EXECUTIVE | Non-executive director |
| TYPE AND CLASS OF SECURITIES | Ordinary shares |
| NATURE OF TRANSACTION | Acquisition of shares by an associate of director (on-market transaction) |
| DATE OF TRANSACTION | 21 December 2020 |
| PRICE PER SECURITY | R6.40 (1)
R6.48 (2) R6.49 (3) R6.50 (4) |
| NUMBER OF SECURITIES TRANSACTED | 7 692 (1)
6 702 (2) 128 (3) 510 659 (4) |
| TOTAL RAND VALUE OF SECURITIES TRANSACTED | R49 228.80 (1)
R43 428.96 (2) R830.72 (3) R3 319 283.50 (4) |
| NATURE AND EXTENT OF INTEREST IN THE TRANSACTION | Indirect, beneficial |
| NAME OF ASSOCIATE | Enigma Collections (Pty) Limited |
| RELATIONSHIP WITH DIRECTOR | Director and Shareholder |
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
Johannesburg
22 December 2020
Sponsor
PSG Capital