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ADVTECH LIMITED - Dealings in Securities by Directors and Company Secretary

Release Date: 10/10/2018 17:15
Code(s): ADH     PDF:  
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Dealings in Securities by Directors and Company Secretary

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH
ISIN: ZAE000031035
("ADvTECH")

DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY

In terms of paragraph 3.63 – 3.74 of the Listings Requirements of the JSE Limited (“JSE Listings Requirements”),
the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE
Listings Requirements have been obtained, is hereby disclosed.

      EXECUTIVE DIRECTOR                                 ROY JOHN DOUGLAS

      DATE OF TRANSACTION                                10 October 2018

      NUMBER OF SHARES                                   301 758

      CLASS OF SECURITY                                  ORDINARY SHARES

      NATURE OF TRANSACTION                              OFF-MARKET ACCEPTANCE OF SHARES BY
                                                         PARTICIPANTS TO BE OBTAINED AT FUTURE
                                                         VESTED PERIODS IN TERMS OF THE
                                                         FORFEITABLE SHARE SCHEME

      PRICE PER SHARE                                    R 15.07

      VALUE OF TRANSACTION                               R 4 547 493

      NATURE OF INTEREST                                 DIRECT BENEFICIAL


      EXECUTIVE DIRECTOR                                 JEAN-DIDIER RAICO OESCH

      DATE OF TRANSACTION                                10 October 2018

      NUMBER OF SHARES                                   171 300

      CLASS OF SECURITY                                  ORDINARY SHARES

      NATURE OF TRANSACTION                              OFF-MARKET ACCEPTANCE OF SHARES BY
                                                         PARTICIPANTS TO BE OBTAINED AT A FUTURE
                                                         VESTED PERIOD IN TERMS OF THE
                                                         FORFEITABLE SHARE SCHEME

      PRICE PER SHARE                                    R 15.07

      VALUE OF TRANSACTION                               R 2 581 491

      NATURE OF INTEREST                                 DIRECT BENEFICIAL


      GROUP COMPANY SECRETARY                            DONNA MAREE DICKSON

      DATE OF TRANSACTION                                10 October 2018

      NUMBER OF SHARES                                   41 173

      CLASS OF SECURITY                                  ORDINARY SHARES

      NATURE OF TRANSACTION                              OFF-MARKET ACCEPTANCE OF SHARES BY
                                                         PARTICIPANTS TO BE OBTAINED AT A FUTURE
                                                         VESTED PERIOD IN TERMS OF THE
                                                         FORFEITABLE SHARE SCHEME

      PRICE PER SHARE                                    R 15.07

      VALUE OF TRANSACTION                               R 620 477

      NATURE OF INTEREST                                 DIRECT BENEFICIAL


      SUBSIDIARY DIRECTOR                                MICHAEL DOUGLAS AITKEN

      NAME OF MAJOR SUBSIDIARY                           THE INDEPENDENT INSTITUTE OF EDUCATION
                                                         (PTY) LTD

      DATE OF TRANSACTION                                10 October 2018

      NUMBER OF SHARES                                   155 793

      CLASS OF SECURITY                                  ORDINARY SHARES

      NATURE OF TRANSACTION                              OFF-MARKET ACCEPTANCE OF SHARES BY
                                                         PARTICIPANTS TO BE OBTAINED AT FUTURE
                                                         VESTED PERIODS IN TERMS OF THE
                                                         FORFEITABLE SHARE SCHEME

      PRICE PER SHARE                                    R 15.07

      VALUE OF TRANSACTION                               R 2 347 801

      NATURE OF INTEREST                                 DIRECT BENEFICIAL

The date of vesting is 01 October 2021.

10 October 2018
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 10/10/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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