Dealings By Directors
AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)
DEALINGS BY DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:
1.
NAME OF DIRECTOR Andries van Heerden
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options/rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of options/rights and receipt of
shares in terms of the Afrimat Share
Appreciation Rights scheme (Off-market
transaction)
EXERCISE DATE 9 November 2021
STRIKE PRICE R51.70
NUMBER OF OPTIONS/RIGHTS 166 227
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R8,593,935.90
STRIKE DATE 4 November 2021
PERIOD OF EXERCISE 4 years from strike date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Pieter GS de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options/rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of options/rights and receipt of
shares in terms of the Afrimat Share
Appreciation Rights scheme (Off-market
transaction)
EXERCISE DATE 9 November 2021
STRIKE PRICE R51.70
NUMBER OF OPTIONS/RIGHTS 69 864
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R3,611,968.80
STRIKE DATE 4 November 2021
PERIOD OF EXERCISE 4 years from the strike date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options/rights to acquire ordinary shares
NATURE OF TRANSACTION Exercise of options/rights and receipt of
shares in terms of the Afrimat Share
Appreciation Rights scheme (Off-market
transaction)
EXERCISE DATE 9 November 2021
STRIKE PRICE R51.70
NUMBER OF OPTIONS/RIGHTS 38 545
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R1,992,776.50
STRIKE DATE 4 November 2021
PERIOD OF EXERCISE 4 years from the strike date
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.
DEALINGS IN SHARES BY DIRECTORS
1.
NAME OF DIRECTOR Andries van Heerden
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested options/rights in the
Afrimat Share Appreciation Rights
scheme (Off-market transaction)
DATE OF TRANSACTION 9 November 2021
PRICE PER SECURITY R51.70
NUMBER OF SECURITIES TRANSACTED 74 802
TOTAL RAND VALUE OF SECURITIES R3,867,263.40
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Pieter GS de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested options/rights in the
Afrimat Share Appreciation Rights
scheme (Off-market transaction)
DATE OF TRANSACTION 9 November 2021
PRICE PER SECURITY R51.70
NUMBER OF SECURITIES TRANSACTED 31 439
TOTAL RAND VALUE OF SECURITIES R1,625,396.30
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares to settle tax liability
relating to vested options/rights in the
Afrimat Share Appreciation Rights
scheme (Off-market transaction)
DATE OF TRANSACTION 9 November 2021
PRICE PER SECURITY R51.70
NUMBER OF SECURITIES TRANSACTED 17 345
TOTAL RAND VALUE OF SECURITIES R896,736.50
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
10 November 2021
Sponsor
PSG Capital
Date: 10-11-2021 05:00:00
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