Sharenet Sites 
Sharenet Sites
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 23 May 2022
STRIKE PRICE (30-DAY VWAP) R64.41
NUMBER OF OPTIONS/RIGHTS 188 496
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R12 141 027.36
STRIKE DATE 21 May 2022
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 23 May 2022
STRIKE PRICE (30-DAY VWAP) R64.41
NUMBER OF OPTIONS/RIGHTS 81 239
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R5 232 603.99
STRIKE DATE 21 May 2022
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 23 May 2022
STRIKE PRICE (30-DAY VWAP) R64.41
NUMBER OF OPTIONS/RIGHTS 42 478
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R2 736 007.98
STRIKE DATE 21 May 2022
PERIOD OF EXERCISE 4 years from the strike date
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
4.
NAME OF DIRECTOR Marthinus G Odendaal
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 23 May 2022
STRIKE PRICE (30-DAY VWAP) R64.41
NUMBER OF OPTIONS/RIGHTS 47 788
EXERCISED AND SHARES RECEIVED
TOTAL RAND VALUE R3 078 025.08
STRIKE DATE 21 May 2022
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 23 May 2022
PRICE PER SECURITY (30-DAY VWAP) R64.41
NUMBER OF SECURITIES TRANSACTED 84 823
TOTAL RAND VALUE OF SECURITIES R5 463 449.43
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 23 May 2022
PRICE PER SECURITY (30-DAY VWAP) R64.41
NUMBER OF SECURITIES TRANSACTED 36 558
TOTAL RAND VALUE OF SECURITIES R2 354 700.78
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 23 May 2022
PRICE PER SECURITY (30-DAY VWAP) R64.41
NUMBER OF SECURITIES TRANSACTED 19 115
TOTAL RAND VALUE OF SECURITIES R1 231 197.15
TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
4.
NAME OF DIRECTOR Marthinus G Odendaal
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 23 May 2022
PRICE PER SECURITY (30-DAY VWAP) R64.41
NUMBER OF SECURITIES TRANSACTED 21 504
TOTAL RAND VALUE OF SECURITIES R1 385 072.64
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
24 May 2022
Sponsor
PSG Capital
Date: 24-05-2022 11:30:00
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.
