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Dealing In AVI Shares By A Director Of A Major Subsidiary

Published: 2021-12-21 11:45:00 ET
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AVI Limited (JSE:AVI) News - Dealing In AVI Shares By A Director Of A Major Subsidiary

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

DEALING IN AVI SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:

Name of director             :   John Jankovich Besan
Name of company              :   Irvin & Johnson Holding Company
                                 (Pty) Ltd
Date of transaction          :   20 December 2021
Number of options granted    :   16 539
Option allocation price      :   R110.52
Total value of transaction   :   R1 827 890.28
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Limited Out-
                                 Performance Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of Director             :   John Jankovich Besan
Name of company              :   Irvin & Johnson Holding Company
                                 (Pty) Ltd
Date of transaction          :   20 December 2021
Number of options granted    :   16 539
Price per share              :   R74.22
Total value of transaction   :   R1 227 524.58
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
21 December 2021

Sponsor
The Standard Bank of South Africa Limited

Date: 21-12-2021 01:45:00
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