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PURPLE GROUP LIMITED - Directors dealing in securities

Release Date: 07/08/2024 15:00
Code(s): PPE     PDF:  
Wrap Text
Director’s dealing in securities

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
("the Company")

DIRECTOR'S DEALING IN SECURITIES

In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited ("Listings Requirements"), the following information is disclosed:

Name of director:            Gary van Dyk
Date of transaction:         06 August 2024
Nature of transaction:       Exercise of share options in terms of the Share
                             Incentive Scheme approved on 27 February 2012, and
                             subsequent allocation of shares
Number of securities:        3,500,000 shares
Class of securities:         Ordinary shares
Strike price of options:     31.00 cents per share
Total Value:                 R1,085,000.00
Period of vesting:           4 years
Grant date:                  06 December 2019
Vested date:                 05 December 2023
Nature of interest:          Direct beneficial

Clearance was given for the above-mentioned transaction in terms of paragraph
3.66 of the Listings Requirements and was an off-market allocation.

The vesting conditions of the options were:
Up to 25% on or after the first anniversary date of acceptance of options;
Up to 50% on or after the second anniversary of the acceptance date;
Up to 75% on or after the third anniversary date; and
Up to 100% on or after the fourth anniversary date.
The contractual life of the options is seven years from the date of grant.
The options exercised vested 100% on 05 December 2023.

Johannesburg
07 August 2024
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 07-08-2024 03:00:00
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