AVI LIMITED - Dealing In AVI Shares By A Director

Release Date: 08/10/2018 13:10
Code(s): AVI
 
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Dealing In AVI Shares By A Director

AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY A DIRECTOR

In compliance with Rules 3.63 – 3.74 of the Listings
Requirements of the JSE Limited (“the JSE”), the following
information is disclosed:

Name of director            :   Owen Cressey
Date of transaction         :   5 October 2018
Strike price and exercise
price per option            :   R82.67
Number of ordinary shares   :   61 705
Aggregate consideration     :   R 5 101 152.35
Class of securities         :   Ordinary shares
Nature of transaction       :   Exercise of options granted in
                                October 2015
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Name of Director            :   Owen Cressey
Date of transaction         :   5 October 2018
Price per unit              :   R104.00
Number of ordinary shares   :   61 705
Aggregate consideration     :   R 6 417 320.00
Class of securities         :   Ordinary shares
Nature of transaction       :   Transfer of shares accepted as
                                above
Extent of interest          :   Direct beneficial

The above transaction was done off-market.

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
8 October 2018

Sponsor
The Standard Bank of South Africa Limited

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