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AFRIMAT LIMITED - Dealings By Directors

Release Date: 10/11/2021 17:00
Code(s): AFT     PDF:  
Wrap Text
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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