ZEDER INVESTMENTS LIMITED - Acceptance Of Options By Director In Terms Of The Zeder Group Share Incentive Trust

Acceptance Of Options By Director In Terms Of The Zeder Group Share Incentive Trust

ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2006/019240/06
Share code: ZED
ISIN code: ZAE000088431
LEI code: 37890022AF5FD117D649
(“Zeder” or “the Company”)

ACCEPTANCE OF OPTIONS BY DIRECTOR IN TERMS OF THE ZEDER GROUP SHARE
INCENTIVE TRUST

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

 NAME OF DIRECTOR                                JH le Roux

 COMPANY OF WHICH A DIRECTOR                     Zeder Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Share options to acquire ordinary shares

 DATE OF AWARD                                   18 January 2021

 DATE OF ACCEPTANCE                              18 January 2021

 OPTION STRIKE PRICE                             R2.66 (Zeder’s 30-day volume weighted
                                                 average traded price prior to 18 January
                                                 2021)

 NUMBER OF OPTIONS ACCEPTED                      15,000,000

 TOTAL RAND VALUE OF OPTIONS                     R39,900,000.00

 VESTING DATE OF OPTIONS                         Vesting in tranches of 25% each on the
                                                 2nd, 3rd, 4th and 5th anniversary of the
                                                 award

 NATURE OF TRANSACTION                           Acceptance of award of options to acquire
                                                 ordinary shares in terms of a share
                                                 incentive scheme

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

Clearance for the above was obtained in accordance with paragraph 3.66 of the JSE Limited
Listing Requirements.

Stellenbosch
19 January 2021

Sponsor
PSG Capital

Independent joint sponsor
UBS South Africa

Date: 19-01-2021 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.