Enhanced Investments - Financial Portal

Dealing in Securities by Executive Directors and Directors of Major Subsidiaries

Published: 2023-09-01 13:19:22 ET

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
Legal Entity Identifier: 378900A8FDADE26AD654
Debt Company Code: BISGL
(“Super Group” or the “Company”)

DEALING IN SECURITIES BY EXECUTIVE DIRECTORS AND DIRECTORS OF MAJOR
SUBSIDIARIES

1. In compliance with paragraphs 3.63 to 3.66 of the JSE Limited (“JSE”)
   Listings Requirements and paragraphs 6.42 to 6.45 of the JSE Debt
   Listings Requirements, shareholders and noteholders are advised that
   directors and the Group Company Secretary of Super Group have in terms of
   the Share Appreciation Right Scheme 2005, been issued shares in terms of
   previously accepted grants that have vested.

  The grants that have vested have been awarded in terms of performance
  conditions for the financial year ended 30 June 2022 and 30 June 2023 and
  the shares have been issued to the following director.

   Name of director Number of Share    Number of Shares   Nature of
                    Appreciation       Issued (1)         interest
                    Rights (“SARS”)

   P Mountford       393 654           86 616             Direct,
                                                          Beneficial
   Date of transfer         29 August 2023
   Nature of transaction    Issue of shares
   Class of securities      Ordinary shares
   Strike price of SARS     R27.58
   Weighted average
   Exercise Price of SARS   R35.3600
   Vesting date             Following approval by the Remuneration
                            Committee based on the audited results for
                            the year ended 30 June 2022

   Name of director Number of Share    Number of Shares   Nature of
                    Appreciation       Issued (1)         interest
                    Rights (“SARS”)
   C Brown          600 000            131 349            Direct,
                                                          Beneficial
   Date of transfer         31 August 2023
   Nature of transaction    Issue of shares
   Class of securities      Ordinary shares
   Strike price of SARS     R27.58
   Weighted average
   Exercise Price of SARS   R35.3100
   Vesting date             Following approval by the Remuneration
                            Committee based on the audited results for
                            the year ended 30 June 2022
Name of director Number of Share    Number of Shares   Nature of
                 Appreciation       Issued (1)         interest
                 Rights (“SARS”)

P Smith          294 355            64 439             Direct,
                                                       Beneficial
Date of transfer         29 August 2023
Nature of transaction    Issue of shares
Class of securities      Ordinary shares
Strike price of SARS     R27.58
Weighted average
Exercise Price of SARS   R35.3100
Vesting date             Following approval by the Remuneration
                         Committee based on the audited results for
                         the year ended 30 June 2022


Name of director Number of Share    Number of Shares   Nature of
                 Appreciation       Issued (1)         interest
                 Rights (“SARS”)

B Makubalo       500 000            217 480            Direct,
                                                       Beneficial

Date of transfer         29 August 2023
Nature of transaction    Issue of shares
Class of securities      Ordinary shares
Strike price of SARS     R19.98
Weighted average
Exercise Price of SARS   R35.3600
Vesting date             Following approval by the Remuneration
                         Committee based on the audited results for
                         the year ended 30 June 2023




Name of Group    Number of Share    Number of Shares   Nature of
Company          Appreciation       Issued (1)         interest
Secretary        Rights (“SARS”)

G Watson         200 000            86 992             Direct,
                                                       Beneficial
Date of transfer         29 August 2023
Nature of transaction    Issue of shares
Class of securities      Ordinary shares
Strike price of SARS     R19.98
Weighted average
Exercise Price of SARS   R35,2810
Vesting date             Following approval by the Remuneration
                         Committee based on the audited results for
                         the year ended 30 June 2023
  (1)   The number of shares issued is calculated by the total gain on the
        SARS, which is the difference between the strike price and the
        exercise price multiplied by the number of SARS. The gain is then
        divided by the exercise price to determine the number shares issued.


   Name of Group     Number of Share       Number of Shares   Nature of
   Company           Appreciation          Issued (1)         interest
   Secretary         Rights (“SARS”)

   G Watson          150 000               64 410             Direct,
                                                              Beneficial
   Date of transfer          30 August 2023
   Nature of transaction     Issue of shares
   Class of securities       Ordinary shares
   Strike price of SARS      R19.98
   Weighted average
   Exercise Price of SARS    R35,4400
   Vesting date              Following approval by the Remuneration
                             Committee based on the audited results for
                             the year ended 30 June 2023

(1) The number of shares issued is calculated by the total gain on the
SARS, which is the difference between the strike price and the exercise
price multiplied by the number of SARS. The gain is then divided by the
exercise price to determine the number shares issued.


2. In compliance with paragraphs 3.63 to 3.66 of the JSE Listings
   Requirements and paragraphs 6.42 to 6.45 of the JSE Debt Listings
   Requirements, Super Group advises that it has been informed of the
   following dealings in its shares:



   Executive Director           Peter Mountford
   Company                      Super Group
   Date of transaction          29 August 2023
   Nature of transaction        Sale of shares on market
   Nature of interest           Direct, beneficial
   Class of securities          Ordinary shares
   Clearance to deal            Yes
   Number of shares sold        86 616
   Highest Price                R35.2600
   Lowest Price                 R35.2600
   Volume Weighted Average
   Price                        R35.2600
   Total value of
   transaction                  R3,054,019.53

  The required clearance per paragraph 3.66 of the JSE Listings
  Requirements and paragraph 6.45 of the JSE Debt Listings Requirements was
  obtained.
Executive Director         Colin Brown
Company                    Super Group
Date of transaction        31 August 2023
Nature of transaction      Sale of shares on market
Nature of interest         Direct, beneficial
Class of securities        Ordinary shares
Clearance to deal          Yes
Number of shares sold      131 349
Highest Price              R35.1100
Lowest Price               R34.5600
Volume Weighted Average
Price                      R34.7100
Total value of
transaction                R4,558,937.49

The required clearance per paragraph 3.66 of the JSE Listings
Requirements and paragraph 6.45 of the JSE Debt Listings Requirements was
obtained.


Director of a major
subsidiary                 Philip Smith
Company                    Super Group Trading(Pty)Ltd
Date of transaction        31 August 2023
Nature of transaction      Sale of shares on market
Nature of interest         Direct, beneficial
Class of securities        Ordinary shares
Clearance to deal          Yes
Number of shares sold      64 439
Highest Price              R34.0700
Lowest Price               R34.0700
Volume Weighted Average
Price                      R34.0700
Total value of
transaction                R2,195,436.73

The required clearance per paragraph 3.66 of the JSE Listings
Requirements was obtained.



Director of a major
subsidiary                 Bonisile Makubalo
Company                    Super Group Trading(Pty)Ltd
Date of transaction        29 August 2023
Nature of transaction      Sale of shares on market
Nature of interest         Direct, beneficial
Class of securities        Ordinary shares
Clearance to deal          Yes
Number of shares sold      30 264
Highest Price              R34.6200
Lowest Price               R34.6200
Volume Weighted Average
Price                      R34.6200
Total value of
transaction                R1,047,732.07

The required clearance per paragraph 3.66 of the JSE Listings
Requirements was obtained.


Director OF a major
subsidiary                 Bonisile Makubalo
Company                    Super Group Trading(Pty)Ltd
Date of transaction        30 August 2023
Nature of transaction      Sale of shares on market
Nature of interest         Direct, beneficial
Class of securities        Ordinary shares
Clearance to deal          Yes
Number of shares sold      187 216
Highest Price              R35.5000
Lowest Price               R35.1600
Volume Weighted Average
Price                      R35.4400
Total value of
transaction                R6,634,142.67

The required clearance per paragraph 3.66 of the JSE Listings
Requirements was obtained.


Director OF a major
subsidiary                 Graeme Watson
Company                    Allen Ford (UK)
Date of transaction        29 August 2023
Nature of transaction      Sale of shares on market
Nature of interest         Direct, beneficial
Class of securities        Ordinary shares
Clearance to deal          Yes
Number of shares sold      12 106
Highest Price              R34.6200
Lowest Price               R34.6200
Volume Weighted Average
Price                      R34.6200
Total value of
transaction                R419,092.83

The required clearance per paragraph 3.66 of the JSE Listings
Requirements was obtained.


Director OF a major
subsidiary                 Graeme Watson
Company                    Allen Ford (UK)
Date of transaction        30 August 2023
   Nature of transaction      Sale of shares on market
   Nature of interest         Direct, beneficial
   Class of securities        Ordinary shares
   Clearance to deal          Yes
   Number of shares sold      74 886
   Highest Price              R35.5000
   Lowest Price               R35.1600
   Volume Weighted Average
   Price                      R35.4400
   Total value of
   transaction                R2,653,657.07

  The required clearance per paragraph 3.66 of the JSE Listings
  Requirements was obtained.




   Director OF a major
   subsidiary                 Graeme Watson
   Company                    Allen Ford (UK)
   Date of transaction        30 August 2023
   Nature of transaction      Sale of shares on market
   Nature of interest         Direct, beneficial
   Class of securities        Ordinary shares
   Clearance to deal          Yes
   Number of shares sold      64 410
   Highest Price              R35.5000
   Lowest Price               R35.1600
   Volume Weighted Average
   Price                      R35.4400
   Total value of
   transaction                R2,282,417.24

  The required clearance per paragraph 3.66 of the JSE Listings
  Requirements was obtained.



Sandton
01 September 2023

Equity Sponsor: Investec Bank Limited

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

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

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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.