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Dealings In Shares By A Director

Published: 2022-01-24 10:00:00 ET
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Afrimat Limited (JSE:AFT) News - Dealings In Shares By A Director

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)

DEALINGS IN SHARES BY A DIRECTOR

Given that the portfolio of Afrimat’s Chairman, Mr MW von Wielligh, is largely concentrated in
his Afrimat shareholding, Mr von Wielligh has, for estate planning purposes, opted to diversify
his portfolio and to this end has disposed of the Afrimat shares indicated below. Mr von
Wielligh continues to hold a stake in the Company's shares.

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealings in securities is disclosed:

NAME OF DIRECTOR                                 Marthinus W von Wielligh

COMPANY OF WHICH A DIRECTOR                      Afrimat Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                  Non-Executive

TYPE AND CLASS OF SECURITIES                     Ordinary shares

NATURE OF TRANSACTIONS                           Disposal of shares by a director
                                                 (on-market transactions)

DATES OF TRANSACTIONS                            19 January 2022                       (1)

                                                 20 January 2022                       (2)

                                                 21 January 2022                       (3)

PRICE PER SECURITY                               Low: R60.40                           (1)
                                                 High: R62.15
                                                 VWAP: R61.4251

                                                 Low: R59.00                           (2)
                                                 High: R61.01
                                                 VWAP: R59.6209

                                                 Low: R58.00                           (3)
                                                 High: R59.00
                                                 VWAP: R58.1054

NUMBER OF SECURITIES TRANSACTED                  156 401                               (1)

                                                 25 580                                (2)

                                                 18 019                                (3)

TOTAL RAND VALUE OF SECURITIES                   R9 606 946.56                         (1)
TRANSACTED
                                                 R1 525 103.53                         (2)

                                                 R1 047 000.31                         (3)

NATURE AND EXTENT OF INTEREST IN                 Direct, beneficial
THE TRANSACTIONS

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
24 January 2022

Sponsor
PSG Capital

Date: 24-01-2022 12:00:00
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