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Exercise of options by directors in terms of the company share incentive scheme
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
(“Argent” or “the Company”)
EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE COMPANY SHARE
INCENTIVE SCHEME
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the exercise of options is disclosed:
NAME OF DIRECTOR T R Hendry
COMPANY OF WHICH A DIRECTOR Argent
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
exercise of options in terms of the
Company Share Incentive Scheme (off-
market transaction)
VESTING DATE OF OPTIONS EXERCISED 2 August 2023
DATE OF EXERCISE OF OPTIONS 2 August 2023
OPTION STRIKE PRICE R4.62
NUMBER OF OPTIONS EXERCISED 141 205
TOTAL RAND VALUE OF OPTIONS R652 367.10
EXERCISED
PERIOD OF EXERCISE Participants have a 3 day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
NAME OF DIRECTOR A F Litschka
COMPANY OF WHICH A DIRECTOR Argent
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
exercise of options in terms of the
Company Share Incentive Scheme (off-
market transaction)
VESTING DATE OF OPTIONS EXERCISED 2 August 2023
DATE OF EXERCISE OF OPTIONS 2 August 2023
OPTION STRIKE PRICE R4.62
NUMBER OF OPTIONS EXERCISED 141 198
TOTAL RAND VALUE OF OPTIONS R652 334.76
EXERCISED
PERIOD OF EXERCISE Participants have a 3 day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
NAME OF DIRECTOR S J Cox
COMPANY OF WHICH A DIRECTOR Argent
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
exercise of options in terms of the
Company Share Incentive Scheme (off-
market transaction)
VESTING DATE OF OPTIONS EXERCISED 2 August 2023
DATE OF EXERCISE OF OPTIONS 2 August 2023
OPTION STRIKE PRICE R4.62
NUMBER OF OPTIONS EXERCISED 141 198
TOTAL RAND VALUE OF OPTIONS R652 334.76
EXERCISED
PERIOD OF EXERCISE Participants have a 3 day period from the
vesting date during which options can be
exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Durban
4 August 2023
Sponsor
PSG Capital
Date: 04-08-2023 09:15:00
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