Enhanced Investments - Financial Portal

Allocation of shares in terms of Forfeitable Share Plan

Published: 2022-12-08 09:00:28 ET

ASTRAL FOODS LIMITED
“Astral Foods”
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757

ALLOCATION OF SHARES IN TERMS OF FORFEITABLE SHARE PLAN

NOTICE OF SHARE ALLOCATIONS LODGED WITH THE JSE LIMITED IN TERMS OF
LISTINGS REQUIREMENTS PARAGRAPH 3.63 TO 3.74

Name of director:                  CE Schutte
Designation:                       Chief Executive Officer
Date of allocation:                07 December 2022
Class of shares:                   Ordinary shares- restricted in
                                   terms of the Astral Foods
                                   Forfeitable Share Plan (“FSP”)
Number of shares:                  30 523
Cost per share:                    R167.33075
Value of shares:                   R5 107 436.56
Date of vesting:                   07 December 2025
Nature of transaction:             Award of forfeitable shares in
                                   terms of the FSP (off-market)
Nature and extent of interest:     Direct beneficial
Clearance to deal:                 Yes

Name of director:                   JAI Ferreira
Designation:                        Chief Financial Officer Designate
Date of allocation:                 07 December 2022
Class of shares:                    Ordinary shares- restricted in terms
                                    of the FSP
Number of shares:                   7 042
Cost per share:                     R167.33075
Value of shares:                    R1 178 343.16
Date of vesting:                    07 December 2025
Nature of transaction:              Award of forfeitable shares in terms
                                    of the FSP (off-market)
Nature and extent of interest:      Direct beneficial
Clearance to deal:                  Yes

Name of director:                   FG Van Heerden
Designation:                        Managing Director: Commercial
Date of allocation:                 07 December 2022
Class of shares:                    Ordinary shares- restricted in terms
                                    of the FSP
Number of shares:                   7 511
Cost per share:                     R167.33075
Value of shares:                    R1 256 821.28
Date of vesting:                    07 December 2025
Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)
Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes

Name of director:                GD Arnold
Designation:                     Group Chief Operating Officer
Date of allocation:              07 December 2022
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP
Number of shares:                8 920
Cost per share:                  R167.33075
Value of shares:                 R1 492 590.31
Date of vesting:                 07 December 2025
Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)
Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes

Name of prescribed officer:      MJ Schmitz
Designation:                     Managing Director: Feed
Date of allocation:              07 December 2022
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP
Number of shares:                7 511
Cost per share:                  R167.33075
Value of shares:                 R1 256 821.28
Date of vesting:                 07 December 2025
Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)
Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes

Name of prescribed officer:      E Potgieter
Designation:                     Director: Risk Management
Date of allocation:              07 December 2022
Class of shares:                 Ordinary shares- restricted in terms
                                 of the FSP
Number of shares:                4 851
Cost per share:                  R167.33075
Value of shares:                 R 811 721.48
Date of vesting period:          07 December 2025
Nature of transaction:           Award of forfeitable shares in terms
                                 of the FSP (off-market)
Nature and extent of interest:   Direct beneficial
Clearance to deal:               Yes

Name of prescribed officer:      G Jordaan
Designation:                     Human Resources Executive
Date of allocation:              07 December 2022
Class of shares:                 Ordinary shares- restricted in terms
                                   of the FSP
Number of shares:                  4 851
Cost per share:                    R167.33075
Value of shares:                   R 811 721.48
Date of vesting period:            07 December 2025
Nature of transaction:             Award of forfeitable shares in terms
                                   of the FSP (off-market)
Nature and extent of interest:     Direct beneficial
Clearance to deal:                 Yes

Name of prescribed officer:        OM Lukhele
Designation:                       Managing Director: Agriculture
Date of allocation:                07 December 2022
Class of shares:                   Ordinary shares- restricted in terms
                                   of the FSP
Number of shares:                  6 009
Cost per share:                    R167.33075
Value of shares:                   R1 005 490.49
Date of vesting:                   07 December 2025
Nature of transaction:             Award of forfeitable shares in terms
                                   of the FSP (off-market)
Nature and extent of interest:     Direct beneficial
Clearance to deal:                 Yes

Name of company secretary:         L Marupen
Date of transaction:               07 December 2022
Class of shares:                   Ordinary shares- restricted in terms
                                   of the FSP
Number of shares:                  1 572
cost per share:                    R167.33075
Value of shares:                   R 263 043.94
Date of vesting period:            07 December 2025
Nature of transaction:             Award of forfeitable shares in terms
                                   of the FSP (off-market)
Nature and extent of interest:     Direct beneficial
Clearance to deal:                 Yes

Pretoria
08 December 2022

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited

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

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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.
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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.