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Dealing in AVI shares by an AVI director

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Published: 2022-11-01 11:10:35 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

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

Director                     :   Simon Crutchley
Date of transaction          :   31 October 2022
Number of options granted    :   37 340
Option allocation price      :   R83.91
Total value of transaction   :   R3 133 199.40
Class of securities          :   Ordinary shares
Nature of transaction        :   Exercise of options granted in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Director                     :   Simon Crutchley
Date of transaction          :   31 October 2022
Number of options granted    :   37 340
Price per share              :   74.00
Total value of transaction   :   R2 763 160.00
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares in terms of the
                                 options exercised 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
1 November 2022

Sponsor
The Standard Bank of South Africa Limited