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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 R11.50 on
25 April 2024, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 14 March 2024 (1)
12 March 2024 (2)
13 March 2024 (3)
15 March 2024 (4)
STRIKE PRICES (RAND)* R5.11 (1)
R5.12 (2)
R5.07 (3)
R4.74 (4)
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 15,930 (1)
431,775 (2)
284,625 (3)
343,950 (4)
NUMBER OF SHARES TO BE RECEIVED 4,868 (1)
131,747 (2)
87,528 (3)
111,200 (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 R11.50 on
25 April 2024, through a combination of
cash (2) and related after-tax net-equity
settlement (1, 3 & 4)
(Off-market transactions)
VESTING DATES 14 March 2024 (1)
12 March 2024 (2)
13 March 2024 (3)
15 March 2024 (4)
STRIKE PRICES (RAND)* R5.11 (1)
R5.12 (2)
R5.07 (3)
R4.74 (4)
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 119,439 (1)
132,800 (2)
61,225 (3)
351,925 (4)
NUMBER OF SHARES TO BE RECEIVED 36,501 (1)
132,800 (2)
18,828 (3)
113,778 (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 R11.50 on
25 April 2024, through a combination of
cash (3 & 4) and related after-tax net-
equity settlement (1 & 2)
(Off-market transactions)
VESTING DATES 14 March 2024 (1)
12 March 2024 (2)
13 March 2024 (3)
15 March 2024 (4)
STRIKE PRICES (RAND)* R5.11 (1)
R5.12 (2)
R5.07 (3)
R4.74 (4)
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 51,655 (1)
157,700 (2)
160,050 (3)
190,175 (4)
NUMBER OF SHARES TO BE RECEIVED 21 526 (1)
65,616 (2)
160,050 (3)
190,175 (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 R11.50 on
25 April 2024, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 14 March 2024 (1)
12 March 2024 (2)
13 March 2024 (3)
15 March 2024 (4)
STRIKE PRICES (RAND)* R5.11 (1)
R5.12 (2)
R5.07 (3)
R4.74 (4)
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 22,856 (1)
69,750 (2)
70,800 (3)
84,125 (4)
NUMBER OF SHARES TO BE RECEIVED 9,524 (1)
29,022 (2)
29,689 (3)
37,088 (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
5.
NAME OF DIRECTOR Vikas Mehta
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 R11.50 on
25 April 2024, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 15 March 2024
STRIKE PRICES (RAND)* R4.74
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 69,525
NUMBER OF SHARES TO BE RECEIVED 30,651
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
6.
NAME OF DIRECTOR Grant Gooding
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 R11.50 on
25 April 2024, and related after-tax net-
equity settlement
(Off-market transactions)
VESTING DATES 15 March 2024
STRIKE PRICES (RAND)* R4.74
EXERCISE DATE 26 April 2024
NUMBER OF OPTIONS EXERCISED 85,825
NUMBER OF SHARES TO BE RECEIVED 37,837
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
29 April 2024
JSE Sponsor BSE Sponsoring Broker
PSG Capital Imara Capital Securities
Date: 29-04-2024 01:00:00
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