Dealing in Shares by an Associate of Directors
Dealing in Shares by an Associate of Directors ADCORP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1974/001804/06 Share code: ADR & ISIN: ZAE000000139 ("Adcorp" or "the Group") DEALING IN SHARES BY AN ASSOCIATE OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Mr S Sithole and Mr MM Nkosi COMPANY OF WHICH A DIRECTOR Adcorp Holding Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive directors TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of shares by an associate of directors (on-market transaction) DATE OF TRANSACTION 31 May 2021 (1) 1 June 2021 (2) PRICE PER SECURITY R6.49 (1) R6.3002 (2) NUMBER OF SECURITIES TRANSACTED 341 081 (1) 553 000 (2) TOTAL RAND VALUE OF SECURITIES R2 213 615.69 (1) TRANSACTED R3 484 010.60 (2) NATURE AND EXTENT OF INTEREST IN Indirect, beneficial THE TRANSACTION NAME OF ASSOCIATE Value Capital Partners Proprietary Limited (“VCP”), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds RELATIONSHIP WITH DIRECTORS Directors Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 4 June 2021 Sponsor PSG Capital Date: 04-06-2021 09:40:00 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, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.