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Dealing in securities in terms of the Aveng Long Term Incentive Plan

Published: 2023-07-03 14:02:19 ET
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AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000302618
SHARE CODE: AEG

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, the following
information is disclosed in respect of the grant and acceptance of the Long-Term Incentive Plan
Performance shares in off-market transactions to the executive directors and prescribed officers of
Aveng Limited on 29 June 2023

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

Name:                                            Sean Joseph Flanagan
Company:                                         Aveng Limited
Position:                                        Chief Executive Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  936 900
Award price per share:                           R8.74
Total value:                                     R8 188 506
Nature of Interest:                              Direct beneficial

Name:                                            Adrian Henry Macartney
Company:                                         Aveng Limited
Position:                                        Financial Director
Date of Transaction:                             29 June 2023
Shares Awarded:                                  630 600
Award price per share:                           R8.74
Total value:                                     R5 511 444
Nature of Interest:                              Direct beneficial

Name:                                            Liesl Tweedie
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  211 000
Award price per share:                           R8.74
Total value:                                     R1 844 140
Nature of Interest:                              Direct beneficial

Name:                                            Dale Morrison
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  493 300
Award price per share:                           R8.74
Total value:                                     R4 311 442
Nature of Interest:                              Direct beneficial

Name:                                            Scott Cummins
Company:                                         Aveng Limited
Position:                                        Prescribed Officer
Date of Transaction:                             29 June 2023
Shares Awarded:                                  1 281 500
Award price per share:                           R8.74
Total value:                                     R11 200 310
Nature of Interest:                              Direct beneficial
Name:                                       Reginald Engelbrecht
Company:                                    Aveng Limited
Position:                                   Prescribed Officer
Date of Transaction:                        29 June 2023
Shares Awarded:                             242 100
Award price per share:                      R8.74
Total value:                                R2 115 954
Nature of Interest:                         Direct beneficial

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


3 July 2023
Melrose Arch
JSE Sponsor
Investec Bank Limited

Itumeleng Lepere
Stakeholder Engagement Lead
Tel: 011 779 2800
Email: investor.relations@avenggroup.com