Try our mobile app

Dealings in securities by Adcock Ingram Limited Employee Share Trust (2008) and executive directors

Published: 2023-12-19 16:26:33 ET
<<<  go to JSE:AIP company page
Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2007/016236/06)
Share code: AIP
ISIN: ZAE000123436
(‘Adcock Ingram’ or ‘the Company’)

DEALINGS IN SECURITIES BY ADCOCK INGRAM LIMITED EMPLOYEE SHARE TRUST (2008) AND
EXECUTIVE DIRECTORS

In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed:

The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite
clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in
accordance with its terms, in order to fulfil its obligations arising from the exercise of options by participants.
The details are set out below.

 Company                                                   Adcock Ingram Limited Employee Share Trust
                                                           (2008)

 Date of transaction                                       18 December 2023
 Nature of transaction                                     On-market purchase of securities
 Number of securities                                      50,303
 Class of securities                                       Ordinary shares
 Volume weighted average purchase price                    R58.27 per share
 Highest price                                             R58.68 per share
 Lowest price                                              R58.27 per share
 Value of transaction                                      R2 931 287.00
 Nature of interest                                        Direct beneficial

Shareholders are further advised that Adcock Ingram directors have obtained the necessary clearance to
exercise their options as follows:

 Director                                                   Andrew Hall
 Company                                                    Adcock Ingram
 Date of transaction                                        14 December 2023
 Nature of transaction                                      Off market exercise of options
 Class of securities                                        Ordinary shares
 Number of options exercised                                133 334
 Option award price                                         R42.30
 Exercise price                                             R58.64 per share
 Value of transaction                                       R2 178 678.00
 Equivalent number of shares received                       37 153
 Nature of interest                                         Direct beneficial

 Director                                                   Dorette Neethling
 Company                                                    Adcock Ingram
 Date of transaction                                        14 December 2023
 Nature of transaction                                      Off market exercise of options
 Class of securities                                        Ordinary shares
 Number of options exercised                                20 000
 Option award price                                         R52.20
 Exercise price                                             R58.64 per share
 Value of transaction                                       R128 800.00
 Equivalent number of shares received                       2 196
 Nature of interest                                         Direct beneficial


 Date of transaction                                        14 December 2023
 Nature of transaction                                      Off market exercise of options
 Class of securities                                        Ordinary shares
 Number of options exercised                                30 000
 Option award price                                         R41.94
 Exercise price                                  R58.64 per share
 Value of transaction                            R501 000.00
 Equivalent number of shares received            8 544
 Nature of interest                              Direct beneficial


Midrand
19 December 2023


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)