Enhanced Investments - Financial Portal

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

Published: 2023-10-09 15:45:29 ET

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.