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AVENG LIMITED - Dealing in securities in terms of the Aveng Long Term Incentive Plan (LTIP)

Release Date: 09/10/2023 14:45
Code(s): AEG     PDF:  
Wrap Text
Dealing in securities in terms of the Aveng Long Term Incentive Plan (LTIP)

AVENG LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1944/018119/06)
ISIN: ZAE000302618
SHARE CODE: AEG
("Aveng" or "the Company")


DEALING IN SECURITIES IN TERMS OF THE AVENG LONG TERM INCENTIVE PLAN (LTIP)



In terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE Limited (“JSE Listing Requirements”),
the following information is disclosed in respect of the grant and acceptance of the Long-Term Incentive Plan
Performance shares in an off-market transaction to a prescribed officer of Aveng Limited on 6 October 2023.

The Long-Term Incentive Plan Performance shares awarded to (off-market) and accepted to:

Name of prescribed officer                     :       Rodney Dixon
Company                                        :       Aveng Limited
Position                                       :       Managing Director of Moolmans
Date of Transaction                            :       6 October 2023
Shares Awarded                                 :       615 800
Award price per share                          :       R6,41
Total value                                    :       R3 947 278
Nature of Interest                             :       Direct beneficial


The necessary clearance in terms of paragraph 3.66 of the JSE Listings Requirements has been obtained.


9 October 2023
Melrose Arch

JSE Sponsor
Valeo Capital (Pty) Ltd




Edinah Mandizha
Group Company Secretary
Tel: 011 779 2800
Email: info@avenggroup.com

Date: 09-10-2023 02:45:00
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