Exercise of Share Options in Terms of the Motus Holdings Share Incentive Scheme (SARs 2015 And SARs 2017 Awards) MOTUS HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2017/451730/06) Share code: MTH ISIN: ZAE000261913 ("Motus" or "the Company") EXERCISE OF SHARE OPTIONS IN TERMS OF THE MOTUS HOLDINGS SHARE INCENTIVE SCHEME (SARs 2015 and SARs 2017 AWARDS) In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited ("JSE"), the following information is disclosed: During November 2018, Motus was unbundled from Imperial Holdings Limited ("Imperial") and listed separately on the JSE. Motus directors and prescribed officers continue to participate in the Imperial Holdings Share Appreciation Rights ("SAR") Scheme in terms of awards made prior to the unbundling. The 2015 SARs were awarded on 6 October 2015, at a grant price of R174.65 and its participants have until 23 June 2022 to exercise their rights. Furthermore, the 2017 SARs were awarded on 21 June 2017, at a grant price of R152. 65 and its participants have until 30 June 2022 to exercise their rights. 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 combined market value of a Motus and Imperial share based on the two day volume weighted share price on the business day immediately preceding the exercise date. Following the exercise of the SAR, the participant receives Motus shares from the Company equal to the Appreciation Value which share can be sold or retained by the participant. Executive Director: Ockert Janse van Rensburg 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 2015 SARs Number of SAR awards: 32 900 Grant price: R174.65 Date of award: 6 October 2015 Exercise date: 14 June 2022 Number of Motus shares received on exercise: 1 438 Deemed exercise price: R113.6157 Total value of transaction: R163 379.38 Nature of the transaction: Sale of shares on market Date of transaction: 15 June 2022 Number of securities: 1 438 Price per security: R111.0000 Total value: R159 618.00 Nature of transaction: Off-market exercise of 2017 SARs Number of SAR awards: 21 128 Grant price: R152.65 Date of award: 21 June 2017 Exercise date: 14 June 2022 Number of Motus shares received on exercise: 5 015 Deemed exercise price: R113.6157 Total value of transaction: R569 782.74 Nature of the transaction: Sale of shares on market Date of transaction: 14 June 2022 Number of securities: 5 015 Volume weighted average price ("VWAP") per security: R113.2123 Lowest selling price: R113.2100 Highest selling price: R113.3000 Total value: R567 759.68 Prescribed Officer: Corne Venter 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 2015 SARs Number of SAR awards: 26 808 Grant price: R174.65 Date of award: 6 October 2015 Exercise date: 15 June 2022 Number of Motus shares received on exercise: 1 175 Deemed exercise price: R113.6306 Total value of transaction: R133 515.96 Nature of the transaction Sale of shares on market Date of transaction: 15 June 2022 Number of securities 1 175 VWAP per security: R111.5553 Lowest selling price: R111.5000 Highest selling price: R111.5800 Total value: R131 077.48 Nature of transaction: Off-market exercise of 2017 SARs Number of SAR awards: 12 572 Grant price: R152.65 Date of award: 6 October 2015 Exercise date: 15 June 2022 Number of Motus shares received on exercise: 2 985 Deemed exercise price: R113.6306 Total value of transaction: R339 187.34 Nature of the transaction Sale of shares on market Date of transaction: 15 June 2022 Number of securities 2 985 VWAP per security: R111.6095 Lowest selling price: R111.5100 Highest selling price: R111.7200 Total value: R333 154.36 Bedfordview 17 June 2022 Sponsor Merchantec Capital Date: 17-06-2022 04:56:00 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.
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Motus Holdings Ltd. published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 15:12:09 UTC.