Exercise of Share Options and Sale of Shares in Terms of the Motus Holdings Share Incentive Scheme (2018 Awards)
Exercise of Share Options and Sale of Shares in Terms of the Motus Holdings Share Incentive Scheme (2018 Awards) Motus Holdings Limited Incorporated in the Republic of South Africa (Registration number: 2017/451730/06) ISIN: ZAE000261913 Share code: MTH ("Motus" or “the Company”) EXERCISE OF SHARE OPTIONS AND SALE OF SHARES IN TERMS OF THE MOTUS HOLDINGS SHARE INCENTIVE SCHEME (2018 AWARDS) In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following information is disclosed: On the SAR exercise date, the appreciation in each SAR is calculated by deducting the grant price from the exercise price (“Appreciation Value”). This exercise price is the volume weighted average market price (VWAP) of a Motus share over the two business days immediately preceding the exercise date. Following the exercise of the SAR, the participant receives Motus shares from the Company equal to the Appreciation Value. Executive Director: Kerry Cassel Company: Motus Holdings Limited Class of securities: Ordinary shares of no par value Nature of interest: Direct beneficial Clearance to deal obtained: Yes Nature of transaction: Off-market exercise of SARs Number of SAR awards: 153 549 Grant price: R89.67 Date of award: 30 November 2018 Exercise date: 20 September 2021 Number of Motus shares received on exercise: 25 027 Deemed exercise price: R107.1309 Total value of transaction: R2 681 165.03 Nature of the transaction On market sale of shares Date of transaction: 20 September 2021 Number of securities 25 027 Price per security R105.0010 Total value: R2 627 860.03 Bedfordview 21 September 2021 Sponsor Merchantec Capital Date: 21-09-2021 05:27:00 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.