AFRIMAT LIMITED - Acquisition Of Ordinary Shares By A Director In Terms Of The Afrimat Forfeitable Share Plan

Acquisition Of Ordinary Shares By A Director In Terms Of The Afrimat Forfeitable Share Plan

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)

ACQUISITION OF ORDINARY SHARES BY A DIRECTOR IN TERMS OF THE AFRIMAT FORFEITABLE SHARE PLAN

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

NAME OF DIRECTOR                               Andries J van Heerden

COMPANY OF WHICH A DIRECTOR                    Afrimat Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                Executive

TYPE AND CLASS OF SECURITIES                   Ordinary shares

NATURE OF TRANSACTION                          Acquisition of ordinary shares through the
                                               vesting of awards in terms of the Afrimat
                                               Forfeitable Share Plan (off-market
                                               transaction)

DATE OF AWARD                                  25 February 2019

DATE OF VESTING                                25 February 2022

DATE OF TRANSACTION                            25 February 2022

DEEMED PRICE PER SHARE                         R66.37
                                               (closing price on 25 February 2022)

NUMBER OF SECURITIES ACQUIRED                  57 860
AFTER SETTLEMENT OF TAX

DEEMED TOTAL RAND VALUE OF                     R3 840 168.20
SECURITIES TRANSACTED

NATURE AND EXTENT OF INTEREST IN               Direct, beneficial
THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
28 February 2022

Sponsor
PSG Capital

Date: 28-02-2022 02:00:00
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