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Dealing In Securities By Alviva Shared Management Services (Pty) Ltd On Behalf Of Directors – Voluntary Conversion

Published: 2021-10-25 12:01:00 ET

Alviva Holdings Limited (JSE:AVV) News - Dealing In Securities By Alviva Shared Management Services (Pty) Ltd On Behalf Of Directors – Voluntary Conversion

Alviva Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “The Company”)

DEALING IN SECURITIES BY ALVIVA SHARED MANAGEMENT SERVICES (PTY) LTD ON BEHALF OF DIRECTORS
– VOLUNTARY CONVERSION OF A PORTION OF CASH SHORT-TERM INCENTIVES (“STI”) INTO SHARES FOR
PURPOSES OF MEETING MINIMUM SHAREHOLDING REQUIREMENT TARGETS

During 2020 Alviva adopted a Minimum Shareholding Requirement (“MSR”) Policy to encourage executives
to align executive and shareholder interests. The MSR Policy provides that the executives must build up a
target minimum shareholding within five years of the approval date of the policy.

Certain executives have elected to convert a portion of their cash STI into shares towards the fulfilment of
their obligations under the MSR Policy. The shares are committed to a holding period and will be held in
escrow until 15 November 2024.

In compliance with Schedule 14.9 and paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, shareholders are hereby advised of the following dealings in Alviva securities:

  NAME                                            Alviva Shared Management Services (Pty) Ltd
  TYPE OF SECURITIES                              Shares
  CLASS OF SECURITIES                             Ordinary
  DATE OF THE TRANSACTION                         19th October 2021          (1)
  AVERAGE PRICE PER SHARE (CENTS)                 1 549.94                   (1)
  LOWEST PRICE PER SHARE (CENTS)                  1 545.00                   (1)
  HIGHEST PRICE PER SHARE (CENTS)                 1 550.00                   (1)
  NUMBER OF SECURITIES TRANSACTED                 100 000                    (1)
  TOTAL RAND VALUE OF SECURITIES                  R1 549 940                 (1)
                                                     th
  DATE OF THE TRANSACTION                         20 October 2021            (2)
  AVERAGE PRICE PER SHARE (CENTS)                 1 548.86                   (2)
  LOWEST PRICE PER SHARE (CENTS)                  1 536.00                   (2)
  HIGHEST PRICE PER SHARE (CENTS)                 1 550.00                   (2)
  NUMBER OF SECURITIES TRANSACTED                 100 000                    (2)
  TOTAL RAND VALUE OF SECURITIES                  R1 548 860                 (2)
  NATURE OF TRANSACTIONS                          On-market purchase of shares on behalf of directors
  NATURE OF INTEREST                              Direct beneficial
  CLEARANCE OBTAINED                              Yes

  NAME                                            P Spies
  OFFICE HELD                                     Chief Executive Officer
  TYPE OF SECURITIES                              Shares
  CLASS OF SECURITIES                          Ordinary
  DATE OF THE TRANSACTION                      19th October 2021           (1)
  AVERAGE PRICE PER SHARE (CENTS)              1 549.94                    (1)
  LOWEST PRICE PER SHARE (CENTS)               1 545.00                    (1)
  HIGHEST PRICE PER SHARE (CENTS)              1 550.00                    (1)
  NUMBER OF SECURITIES TRANSACTED              50 000                      (1)
  TOTAL RAND VALUE OF SECURITIES               R774 970                    (1)
                                                 th
  DATE OF THE TRANSACTION                      20 October 2021             (2)
  AVERAGE PRICE PER SHARE (CENTS)              1 548.86                    (2)
  LOWEST PRICE PER SHARE (CENTS)               1 536.00                    (2)
  HIGHEST PRICE PER SHARE (CENTS)              1 550.00                    (2)
  NUMBER OF SECURITIES TRANSACTED              50 000                      (2)
  TOTAL RAND VALUE OF SECURITIES               R774 430                    (2)
  NATURE OF TRANSACTIONS                       Off-market allocation of committed shares to director
  NATURE OF INTEREST                           Direct beneficial
  CLEARANCE OBTAINED                           Yes

  NAME                                         RD Lyon
  OFFICE HELD                                  Chief Financial Officer
  TYPE OF SECURITIES                           Shares
  CLASS OF SECURITIES                          Ordinary
  DATE OF THE TRANSACTION                      19th October 2021           (1)
  AVERAGE PRICE PER SHARE (CENTS)              1 549.94                    (1)
  LOWEST PRICE PER SHARE (CENTS)               1 545.00                    (1)
  HIGHEST PRICE PER SHARE (CENTS)              1 550.00                    (1)
  NUMBER OF SECURITIES TRANSACTED              50 000                      (1)
  TOTAL RAND VALUE OF SECURITIES               R774 970                    (1)
                                                  th
  DATE OF THE TRANSACTION                      20 October 2021             (2)
  AVERAGE PRICE PER SHARE (CENTS)              1 548.86                    (2)
  LOWEST PRICE PER SHARE (CENTS)               1 536.00                    (2)
  HIGHEST PRICE PER SHARE (CENTS)              1 550.00                    (2)
  NUMBER OF SECURITIES TRANSACTED              50 000                      (2)
  TOTAL RAND VALUE OF SECURITIES               R774 430                    (2)
  NATURE OF TRANSACTIONS                       Off-market allocation of committed shares to director
  NATURE OF INTEREST                           Direct beneficial
  CLEARANCE OBTAINED                           Yes


Midrand
25 October 2021


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 25-10-2021 02:01:00
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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.