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Dealings in securities by Directors, Director of a major subsidiary, prescribed officers and Group Company Secretary

Published: 2022-06-27 13:40:31 ET
<<<  go to JSE:ADH company page
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH           ISIN: ZAE000031035
(“ADvTECH” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY,
PRESCRIBED OFFICERS AND GROUP COMPANY SECRETARY


In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“JSE Listings
Requirements”), the following transactions, in respect of which prior written approval pursuant to
paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed.


 Name of Director:                                RJ Douglas

 Designation:                                     Chief Executive Officer

 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            285 610

 Date of Award                                    14 June 2022

 Class of securities:                             Ordinary

 Price of share:                                  R17.89

 Total value of transaction:                      R5 109 562.90

 Date of transaction:                             27 June 2022

 Nature of interest:                              Direct beneficial



 Name of Director:                                JDR Oesch

 Designation:                                     Group Commercial Director

 Nature of transaction:                           Off-Market acceptance of shares by participants
                                                  to be obtained at future vested periods in terms
                                                  of the ADvTECH Limited Management Share
                                                  Incentive Scheme (MSI).
 Number of securities:                            171 861

 Date of Award                                    14 June 2022

 Class of securities:                             Ordinary
Price of share:               R17.89

Total value of transaction:   R3 074 593.29

Date of transaction:          27 June 2022

Nature of interest:           Direct beneficial



Name of Officer:              DL Honey

Designation:                  Prescribed Officer
Nature of transaction:        Off-Market acceptance of shares by participants
                              to be obtained at future vested periods in terms
                              of the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         174 172

Date of Award                 14 June 2022

Class of securities:          Ordinary

Price of share:               R17.89

Total value of transaction:   R3 115 937.08

Date of transaction:          24 June 2022

Nature of interest:           Direct beneficial



Name of Officer:              MD Aitken

Designation:                  Prescribed Officer

Nature of transaction:        Off-Market acceptance of shares by participants
                              to be obtained at future vested periods in terms
                              of the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         146 760

Date of Award                 14 June 2022

Class of securities:          Ordinary

Price of share:               R17.89

Total value of transaction:   R2 625 536.40

Date of transaction:          24 June 2022

Nature of interest:           Direct beneficial
Name of Officer:              L Wiseman
Designation:                  Prescribed Officer
Nature of transaction:        Off-Market acceptance of shares by participants
                              to be obtained at future vested periods in terms
                              of the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         99 664

Date of Award                 14 June 2022

Class of securities:          Ordinary

Price of share:               R17.89

Total value of transaction:   R1 782 988.96

Date of transaction:          24 June 2022

Nature of interest:           Direct beneficial



Name of Officer:              SCD Lurie

Designation:                  The Independent Institute of Education (Pty) Ltd
                              (a major subsidiary of ADvTECH)
Nature of transaction:        Off-Market acceptance of shares by participants
                              to be obtained at future vested periods in terms
                              of the ADvTECH Limited Management Share
                              Incentive Scheme (MSI).
Number of securities:         67 584

Date of Award                 14 June 2022

Class of securities:          Ordinary

Price of share:               R17.89

Total value of transaction:   R1 209 077.76

Date of transaction:          24 June 2022

Nature of interest:           Direct beneficial



Name of Officer:              CB Crouse

Designation:                  Group Company Secretary

Nature of transaction:        Off-Market acceptance of shares by participants
                              to be obtained at future vested periods in terms
                                                   of the ADvTECH Limited Management Share
                                                   Incentive Scheme (MSI).
 Number of securities:                             24 885

 Date of Award                                     14 June 2022

 Class of securities:                              Ordinary

 Price of share:                                   R17.89

 Total value of transaction:                       R445 192.65

 Date of transaction:                              27 June 2022

 Nature of interest:                               Direct beneficial



The date of vesting is 17 June 2025.


27 June 2022
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited