QUANTUM FOODS HOLDINGS LTD QUANTUM FOODS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2013/208598/06) Share code: QFH
ISIN: ZAE000193686
("Quantum Foods" or the "Company")
EXERCISE OF PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM FOODS HOLDINGS LIMITED EQUITY
SETTLED PHANTOM SHARE PLAN
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), shareholders of Quantum Foods are hereby advised of the following dealings in securities by executive directors of the Company:
Nature of transaction: | Delivery of Quantum Foods ordinary shares ("Ordinary | |
Shares") through the exercise of the Phantom Share | ||
Rights ("PSRs") issued on 23 February 2017, | ||
22 February 2018 and 11 February 2019, in terms of | ||
the Quantum Foods Holdings Limited Equity Settled | ||
Phantom Share Plan ("Exercise") | ||
Class of securities: | Ordinary Shares | |
Vesting date of PSRs: | (1) | 23 February 2022 |
(2) | 22 February 2022 | |
(3) | 11 February 2022 | |
Period of Exercise: | Participants have until midnight on the anniversary of | |
the relevant vesting date of PSRs to Exercise vested | ||
PSRs | ||
Date of Exercise: | (1) | 1 March 2022 |
(2) | 1 March 2022 | |
(3) | 1 March 2022 | |
Nature and extent of interest: | Direct beneficial | |
On-market or off-market: | Off-market | |
Clearance given in terms of paragraph 3.66 of the Listings | Yes | |
Requirements: | ||
Transaction 1: | ||
Name of executive director: | Hendrik Albertus Lourens | |
Number of Ordinary Shares delivered on Exercise: | (1) | 432 854 |
(2) | 141 556 | |
(3) | 69 532 | |
Price per Ordinary Share delivered on Exercise: | (1) | R5.3013 |
(2) | R5.3013 | |
(3) | R5.3013 | |
Total value of Ordinary Shares delivered on Exercise: | (1) | R2 294 688.91 |
(2) | R750 430.82 | |
(3) | R368 609.99 | |
Strike price of PSRs: | (1) | R3.093 |
(2) | R3.906 | |
(3) | R4.245 | |
1
Transaction 2:
Name of executive director: | Andre Hugo Muller | |
Number of Ordinary Shares delivered on Exercise: | (1) | 96 930 |
(2) | 41 005 | |
(3) | 18 076 | |
Price per Ordinary Share delivered on Exercise: | (1) | R5.3013 |
(2) | R5.3013 | |
(3) | R5.3013 | |
Total value of Ordinary Shares delivered on Exercise: | (1) | R513 855.01 |
(2) | R217 379.81 | |
(3) | R95 826.30 | |
Strike price of PSRs: | (1) | R3.093 |
(2) | R3.906 | |
(3) | R4.245 | |
Wellington
7 March 2022
Corporate advisor and Sponsor
One Capital
Attorneys
Webber Wentzel
2
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Disclaimer
Quantum Foods Holdings Ltd. published this content on 07 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2022 14:59:02 UTC.
