Try our mobile app

Dealing in AVI shares by an AVI director and a director of a major subsidiary

Buy AVI Stocks
Published: 2022-10-04 16:34:30 ET
<<<  go to JSE:AVI company page
AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY AN AVI DIRECTOR AND 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             :   Justin O’Meara
Date of transaction          :   3 October 2022
Number of options granted    :   1 454
Option allocation price      :   R83.91
Total value of transaction   :   R122 005.14
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             :   Justin O’Meara
Date of transaction          :   3 October 2022
Number of options granted    :   1 454
Price per share              :   R72.80
Total value of transaction   :   R105 851.20
Class of securities          :   Ordinary shares
Nature of transaction        :   Transfer of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Gaynor Poretti
Name of company              :   National Brands Ltd
Date of transaction          :   3 October 2022
Number of options granted    :   4 205
Option allocation price      :   R83.91
Total value of transaction   :   R352 841.55
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             :   Gaynor Poretti
Name of company              :   National Brands Ltd
Date of transaction          :   3 October 2022
Number of options granted    :   4 205
Price per share              :   R72.32
Total value of transaction   :   R304 105.60
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
4 October 2022

Sponsor
The Standard Bank of South Africa Limited