ADCORP HOLDINGS LIMITED – Dealing In Securities By Directors Associate

2018/12/07 14:04:00
SENS announcement for JSE listed company: ADR
                        

ADR 201812070047A
Dealing In Securities By Directors’ Associate

Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139
(‘Adcorp’)

DEALING IN SECURITIES BY DIRECTORS’ ASSOCIATE

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in respect of dealing in Adcorp ordinary shares
(‘securities’) by Adcorp directors’ associate:

Directors : Mr S Sithole, Mr TP Moeketsi and Mr MM
Nkosi
Directors’ Associate : Value Capital Partners Proprietary
Limited*
Date of transaction : 3 December 2018
Number of securities : 93 810
Nature of transaction : Off-market transfer of securities**
Share price : R20.30
Total value of transaction : R1 904 343.00
Nature of interest : Indirect, Beneficial
Clearance obtained : Yes

* Mr S Sithole, Mr TP Moeketsi and Mr MM Nkosi have an indirect
beneficial interest in Value Capital Partners Proprietary Limited
(‘VCP’), which is the advisor to Peregrine Fund Platform Proprietary
Limited, the registered investment manager for various funds advised by
VCP.

** Funds advised by VCP acquired Adcorp ordinary shares through an off-
market transfer from an investor in funds advised by VCP.

7 December 2018
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 07/12/2018 02:04:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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