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Grant and acceptance of options in terms of the KAP Performance Share Rights Scheme
KAP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
Company Alpha Code: KAP
LEI code: 3789001F51BC0045FD42
('KAP' or 'the Company')
GRANT AND ACCEPTANCE OF OPTIONS IN TERMS OF THE KAP PERFORMANCE SHARE RIGHTS
SCHEME
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information
regarding the grant and acceptance of options by certain executive directors of KAP and of its major subsidiaries,
in terms of the KAP Performance Share Rights Scheme ("KAP SRS"), is disclosed:
NAME OF DIRECTOR GN Chaplin (1)
FH Olivier (2)
SP Lunga (3)
G Victor (4)
W Kilian (5)
JN van Niekerk (6)
WC Els (7)
E Hewitt (8)
JC van Zyl (9)
COMPANY OF WHICH A DIRECTOR KAP Ltd (1-3)
PG Bison (Pty) Ltd* (4-5)
Safripol (Pty) Ltd* (6-7)
Unitrans Holdings (Pty) Ltd* (8-9)
*Major subsidiary of the Company
STATUS: EXECUTIVE/NON-EXECUTIVE Executive (1-9)
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares (1-9)
NATURE OF TRANSACTION Acceptance of award of options to acquire
ordinary shares in terms of the KAP SRS
(off-market transaction) (1-9)
DATE OF GRANT OF OPTIONS 1 December 2024 (1-9)
DATE OF ACCEPTANCE OF OPTIONS 2 December 2024 (1-9)
OPTION STRIKE PRICE R0.20 (1-9)
NUMBER OF OPTIONS GRANTED AND 7 072 114 (1)
ACCEPTED 4 467 403 (2)
2 553 308 (3)
2 679 487 (4)
876 890 (5)
2 553 308 (6)
821 179 (7)
2 679 487 (8)
992 729 (9)
VESTING DATE OF OPTIONS The options will vest on the third anniversary
of the award date, subject to the achievement
of the relevant performance criteria (1-9)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial (1-9)
TRANSACTION
Notwithstanding the fact that the grant and acceptance of the options have taken place in terms of the rules of the
KAP SRS, clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Stellenbosch
3 December 2024
Equity and Debt Sponsor
PSG Capital
Date: 03-12-2024 11:00:00
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