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Dealing in AVI shares by a director of a Major Subsidiary

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Published: 2023-10-06 13:00:37 ET
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AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:

Name of director             :   Brendon Lucke
Name of company              :   I&J Holding Company (Pty) Ltd
Date of transaction          :   5 October 2023
Number of options granted    :   1 319
Option allocation price      :   R74.52
Total value of transaction   :   R98 291.88
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Brendon Lucke
Name of company              :   I&J Holding Company (Pty) Ltd
Date of transaction          :   5 October 2023
Number of options granted    :   1 319
Price per share              :   R73.78
Total value of transaction   :   R97 315.82
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
6 October 2023

Sponsor
The Standard Bank of South Africa Limited