ADCORP HOLDINGS LIMITED - Dealings by the Adcorp Long-Term Incentive ('LTI') Plan

Dealings by the Adcorp Long-Term Incentive ('LTI') Plan

 ADCORP HOLDINGS LIMITED
 (Incorporated in the Republic of South Africa)
 Registration number: 1974/001804/06
 Share code: ADR
 ISIN: ZAE000000139
 ("Adcorp" or "the Company")


DEALINGS BY THE ADCORP LONG-TERM INCENTIVE ("LTI") PLAN

In terms of paragraph 3.96 of the JSE Limited Listings Requirements ("Listings
Requirements"), shareholders are hereby advised that the third-party brokerage mandated
by Adcorp, has notified Adcorp of the following on-market purchases of shares in order to
settle forfeitable share awards made by Adcorp to participants in terms of the Adcorp LTI Plan:

 DATE OF TRANSACTIONS                             4 December 2024 (1)
                                                  5 December 2024 (2)


 NATURE OF TRANSACTIONS                           Purchase of shares (on-market
                                                  transaction) (1 and 2)

 NUMBER OF SECURITIES TRANSACTED                  50 000 (1)
                                                  50 000 (2)
 
 PRICE PER SECURITY (CENTS)                       High: 500 cents (1)
                                                  Low:  499 cents (1)
                                                  VWAP: 500 cents (1)


                                                  High: 500 cents (2)
                                                  Low:  499 cents (2)
                                                  VWAP: 499,98 cents (2)
 
 CLASS OF SECURITIES                              Ordinary Shares
 
 TOTAL RAND VALUE OF SECURITIES                   R249 999,96 (1)
                                                  R249 991,19 (2)




To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of
the Listings Requirements.

Johannesburg
10 December 2024


Sponsor
Valeo Capital (Pty) Ltd

Date: 10-12-2024 10:00:00
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