To view the PDF file, sign up for a MySharenet subscription.

KAL GROUP LIMITED - Voluntary Announcement: Dealings In KAL Group Shares

Release Date: 25/09/2024 17:00
Code(s): KAL     PDF:  
Wrap Text
Voluntary Announcement: Dealings In KAL Group Shares

KAL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
("KAL Group" or the "Company")

VOLUNTARY ANNOUNCEMENT: DEALINGS IN KAL GROUP SHARES

KAL Group shareholders ("Shareholders") are referred to the announcement published on
SENS on 12 June 2023, wherein Shareholders were advised of the hedging transaction
entered into between KAL Group and Investec Bank Limited ("Investec"), an independent
third party, to hedge the potential future obligations of the Company under its non-dilutive
long-term incentive plan ("LTIP") rules ("Hedging Transaction").

Shareholders are hereby advised of the latest acquisitions of KAL Group ordinary shares
("Shares"), in execution of the Hedging Transaction:

NAME OF ENTITY                                 Investec

TYPE AND CLASS OF SECURITIES                   Ordinary shares

NATURE OF TRANSACTION                          Purchase of Shares pursuant to the
                                               Hedging Transaction to enable settlement of
                                               LTIP awards (on-market)

TOTAL NUMBER OF SHARES                         1,225,762
ACQUIRED

TOTAL RAND VALUE OF SHARES                     R58,255,291.79
ACQUIRED

NATURE OF INTEREST                             Indirect, non-beneficial

CLEARANCE OBTAINED                             Yes

The breakdown of the acquisition of Shares is as follows:

                                   VOLUME
                   NUMBER          WEIGHTED
DATE OF                                          HIGH            LOW
                   OF              AVERAGE                                 VALUE
PURCHASE                                        (PRICE)         (PRICE)
                   SHARES          PRICE
                                   (PAID)

10/05/2024         12,743          R43.63        R43.65          R43.61    R555,975.82
13/05/2024         13,621          R43.63        R43.65          R43.60    R594,223.21
14/05/2024         32,198          R43.59        R43.61          R43.41    R1,403,597.18
15/05/2024         17,845          R43.68        R43.70          R43.61    R779,464.16
16/05/2024         155,430         R43.81        R44.60          R43.61    R6,809,071.07
03/06/2024         1,480           R46.52        R46.53          R46.50    R68,847.71
04/06/2024         757             R46.51        R46.51          R45.14    R35,206.70
05/06/2024         825             R46.80        R46.80          R46.79    R38,606.93
06/06/2024         747             R46.06        R46.06          R46.05    R34,406.77
07/06/2024         4,495           R46.30        R47.05          R46.01    R208,130.55
10/06/2024         2,910           R46.57        R47.06          R46.00    R135,533.15
11/06/2024         265             R46.01        R46.01          R46.00    R12,192.61
12/06/2024         3,210           R45.77        R46.01          R45.00    R146,909.33
13/06/2024         1,064           R46.50        R46.86          R45.01    R49,472.88
14/06/2024         505             R47.41        R47.41          R47.40    R23,939.65
19/06/2024         2,503           R47.65        R47.66          R47.61    R119,267.88
20/06/2024         2,037           R47.70        R47.81          R47.38    R97,155.96
21/06/2024         151,794         R47.95        R47.95          R47.06    R7,277,972.35
25/06/2024         2               R47.98        R47.98          R47.98    R95.96
26/06/2024         2,327           R47.99        R48.00          R45.90    R111,677.90
27/06/2024         284             R46.91        R47.99          R45.26    R13,321.95
28/06/2024         860             R46.02        R47.48          R46.01    R39,575.95
01/07/2024         16,463          R48.39        R48.92          R47.99    R796,624.86
02/07/2024         211,901         R48.70        R48.70          R48.70    R10,319,578.70
03/07/2024         147,374         R48.35        R48.35          R48.35    R7,125,532.90
04/07/2024         147,374         R48.24        R48.24          R48.24    R7,109,321.76
05/07/2024         32,199          R48.70        R48.71          R48.20    R1,568,091.30
08/07/2024         115,175         R48.70        R49.34          R47.10    R5,609,022.50
08/07/2024         11,864          R48.68        R49.34          R47.10    R577,521.12
09/07/2024         6,906           R48.17        R48.59          R47.00    R332,684.81
10/07/2024         6,463           R48.64        R48.70          R48.01    R314,367.91
11/07/2024         122,141         R48.70        R48.70          R48.41    R5,947,900.28

Paarl
25 September 2024

Sponsor
PSG Capital

Date: 25-09-2024 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.