ALEXANDER FORBES GROUP HOLDINGS LIMITED – Acceptance of awards by the Company Secretary, Chief Financial Officer and Chief Executive Officer

2019/07/12 09:25:00
SENS announcement for JSE listed company: AFH
                        

AFH 201907120011A
Acceptance of awards by the Company Secretary, Chief Financial Officer and Chief Executive Officer

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(‘the Company’ or ‘Alexander Forbes’ or ‘the Group’)

ACCEPTANCE OF AWARDS BY THE COMPANY SECRETARY, CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements (‘the Listings
Requirements’), shareholders are advised that the Executive: Governace, Legal & Compliance
(Company Secretary), Chief Financial Officer and Chief Executive Officer (also a director of a
major subsidiary) received allocations and accepted awards in accordance with the Company’s
long-term incentive plans namely, the conditional share plan (‘the Conditional Awards’) and the
forfeitable share plan (‘the Forfeitable Awards’) as follows. The allocations and their
acceptances have received clearance in terms of paragraph 3.66 of the Listings Requirements
and in line with the Company’s securities dealing and information policy.

Company Secretary : CH Wessels
Company : Alexander Forbes

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Conditional Awards
Class of securities : Conditional Awards in respect of ordinary shares
Number awarded : 263 653
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R1 500 185.57
Nature of interest : Direct beneficial
Vesting dates : 131 826 awards on 30 June 2022
131 827 awards on 30 June 2023

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Forfeitable Awards
Class of securities : Forfeitable Awards in respect of ordinary shares
Number awarded : 175 768
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R1 000 119.92
Nature of interest : Direct beneficial
Vesting dates : 87 884 awards on 30 June 2022
87 884 awards on 30 June 2023

Chief Financial Officer : BP Bydawell
Company : Alexander Forbes

Date awarded : 01 April 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Conditional Awards
Class of securities : Conditional Awards in respect of ordinary shares
Number awarded : 185 567
Grant price : Based on 3 day VWAP (R4.85)
Transaction value : R899 999.95
Nature of interest : Direct beneficial
Vesting dates : 92 783 awards on 31 March 2022
92 784 awards on 31 March 2023

Date awarded : 01 April 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Forfeitable Awards
Class of securities : Forfeitable Awards in respect of ordinary shares
Number awarded : 123 711
Grant price : Based on 3 day VWAP (R4.85)
Transaction value : R599 998.35
Nature of interest : Direct beneficial
Vesting dates : 61 855 awards on 31 March 2022
61 856 awards on 31 March 2023

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Conditional Awards
Class of securities : Conditional Awards in respect of ordinary shares
Number awarded : 305 800
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R1 740 002
Nature of interest : Direct beneficial
Vesting dates : 152 900 awards on 30 June 2022
152 900 awards on 30 June 2023

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Forfeitable Awards
Class of securities : Forfeitable Awards in respect of ordinary shares
Number awarded : 203 866
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R1 159 997.54
Nature of interest : Direct beneficial
Vesting dates : 101 933 awards on 30 June 2022
101 933 awards on 30 June 2023

Chief Executive Officer : DJ de Villiers
& director of major subsidiary
Company : Alexander Forbes

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Conditional Awards
Class of securities : Conditional Awards in respect of ordinary shares
Number awarded : 843 585
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R4 799 998.65
Nature of interest : Direct beneficial
Vesting dates : 421 792 awards on 30 June 2022
421 793 awards on 30 June 2023

Date awarded : 01 July 2019
Date of acceptance : 09 July 2019
Nature of transaction : Off market acceptance of Forfeitable Awards
Class of securities : Forfeitable Awards in respect of ordinary shares
Number awarded : 562 390
Grant price : Based on 3 day VWAP (R5.69)
Transaction value : R3 199 999.10
Nature of interest : Direct beneficial
Vesting dates : 281 195 awards on 30 June 2022
281 195 awards on 30 June 2023

Carina Wessels
Executive: Governace, Legal & Compliance

12 July 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 12/07/2019 09:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
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information disseminated through SENS.

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