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Acceptance Of Share Options By The AVI Company Secretary

Published: 2021-12-21 11:50:00 ET
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AVI Limited (JSE:AVI) News - Acceptance Of Share Options By The AVI Company Secretary

AVI Limited
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

ACCEPTANCE OF SHARE OPTIONS BY THE AVI COMPANY SECRETARY

In compliance with sections 3.63 – 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:

Company Secretary            :   Sureya Scheepers
Date of transaction          :   21 December 2021
Nature of transaction        :   Acceptance of options in the AVI
                                 Revised Executive Share Incentive
                                 Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   17 768
Option allocation price      :   R86.04
Total value of transaction   :   R1 528 758.72
Vesting period               :   3 years
Nature and extent of
interest                     :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Illovo
21 December 2021

Sponsor
The Standard Bank of South Africa Limited

Date: 21-12-2021 01:50:00
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