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Exercise Of Options By Directors And Directors Of A Major Subsidiary Of The Company
CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited (“JSE”) share code: CAA
Botswana Stock Exchange (“BSE”) share code: CAS-EQO
ISIN: ZAE400000036
(“CA&S” or the “Company”)
EXERCISE OF OPTIONS BY DIRECTORS AND DIRECTORS OF A MAJOR SUBSIDIARY
OF THE COMPANY IN TERMS OF THE CA SALES HOLDINGS SHARE INCENTIVE
TRUST
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements and paragraphs
5.23 and 5.24 of the BSE Listings Requirements, respectively, the following information
regarding the exercise of options is disclosed:
1.
NAME OF DIRECTOR Duncan Lewis
COMPANY OF WHICH A DIRECTOR CA Sales Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the
last traded share price of R7.34 on
12 May 2023, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 13 April 2023 (1)
14 March 2023 (2)
12 March 2023 (3)
13 March 2023 (4)
STRIKE PRICES (RAND)* R4.53 (1)
R5.11 (2)
R5.12 (3)
R5.07 (4)
EXERCISE DATE 12 May 2023
NUMBER OF OPTIONS EXERCISED 342,900 (1)
15,930 (2)
431,775 (3)
284,625 (4)
NUMBER OF SHARES TO BE RECEIVED 72,200 (1)
2,661 (2)
71,825 (3)
48,413 (4)
PERIOD OF EXERCISE Participants have a 180-day period from
the vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
2.
NAME OF DIRECTOR Frans Reichert
COMPANY OF WHICH A DIRECTOR CA Sales Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the
last traded share price of R7.34 on
12 May 2023, through a combination of
cash (1) and related after-tax net-equity
settlement (2 – 4)
(Off-market transactions)
VESTING DATES 13 April 2023 (1)
14 March 2023 (2)
12 March 2023 (3)
13 March 2023 (4)
STRIKE PRICES (RAND)* R4.53 (1)
R5.11 (2)
R5.12 (3)
R5.07 (4)
EXERCISE DATE 12 May 2023
NUMBER OF OPTIONS EXERCISED 87,500 (1)
119,439 (2)
132,800 (3)
61,225 (4)
NUMBER OF SHARES TO BE RECEIVED 87,500 (1)
19,958 (2)
22,091 (3)
10,414 (4)
PERIOD OF EXERCISE Participants have a 180-day period from
the vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
3.
NAME OF DIRECTOR Claude' Hassett
COMPANY OF WHICH A DIRECTOR CA Sales and Distribution (Pty) Ltd
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the
last traded share price of R7.34 on
12 May 2023, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 13 April 2023 (1)
14 March 2023 (2)
12 March 2023 (3)
13 March 2023 (4)
STRIKE PRICES (RAND)* R4.53 (1)
R5.11 (2)
R5.12 (3)
R5.07 (4)
EXERCISE DATE 12 May 2023
NUMBER OF OPTIONS EXERCISED 520,900 (1)
51,655 (2)
157,700 (3)
160,050 (4)
NUMBER OF SHARES TO BE RECEIVED 149,563 (1)
11,770 (2)
35,772 (3)
37,123 (4)
PERIOD OF EXERCISE Participants have a 180-day period from
the vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
4.
NAME OF DIRECTOR Kaushik Shah
COMPANY OF WHICH A DIRECTOR CA Sales and Distribution (Pty) Ltd
(a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
NATURE OF TRANSACTIONS Exercise of options by the director at the
last traded share price of R7.34 on
12 May 2023, through a combination of
cash (2 - 3) and related after-tax net-equity
settlement (1, 4)
(Off-market transactions)
VESTING DATES 13 April 2023 (1)
14 March 2023 (2)
12 March 2023 (3)
13 March 2023 (4)
STRIKE PRICES (RAND)* R4.53 (1)
R5.11 (2)
R5.12 (3)
R5.07 (4)
EXERCISE DATE 12 May 2023
NUMBER OF OPTIONS EXERCISED 230,400 (1)
22,850 (2)
69,750 (3)
70,800 (4)
NUMBER OF SHARES TO BE RECEIVED 66,153 (1)
22,850 (2)
69,750 (3)
16,421 (4)
PERIOD OF EXERCISE Participants have a 180-day period from
the vesting date during which options can
be exercised.
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTIONS
* At the grant date, the strike prices were reflected in Botswana Pula. The strike prices are
reflected here in South African Rand, based on the exchange rate at each grant date.
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.
Centurion
15 May 2023
JSE Sponsor BSE Sponsoring Broker
PSG Capital Imara Capital Securities
Date: 15-05-2023 04:00:00
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