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ALVIVA HOLDINGS LIMITED - Grant and acceptance of forfeitable share grants to directors, prescribed Officer and company secretary

Release Date: 30/06/2020 12:48:00      Code(s): AVV       PDF(s):  
Grant and acceptance of forfeitable share grants to directors, prescribed Officer and company secretary

Alviva Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1986/000334/06
Share Code: AVV
ISIN: ZAE000227484
(“Alviva” or “The Company”)

GRANT AND ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS, PRESCRIBED
OFFICER AND COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

 DIRECTORS AND OFFICERS OF ALVIVA HOLDINGS LIMITED
 Name                         P Spies
 Office held                  Chief Executive Officer
 Company                      Alviva Holdings Limited
 Date of acceptance           26 June 2020
                              Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                              after 26 June 2023
 Class of securities          Ordinary shares
 Number of forfeitable shares 600 000
 Award price                  R6.85
 Total value of award         R4 110 000
 Nature of interest           Direct beneficial
 Clearance obtained           Yes

 Name                                  RD Lyon
 Office held                           Chief Financial Officer
 Company                               Alviva Holdings Limited
 Date of acceptance                    26 June 2020
                                       Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                                       after 26 June 2023
 Class of securities                   Ordinary shares
 Number of forfeitable shares          250 000
 Award price                           R6.85
 Total value of award                  R1 712 500
 Nature of interest                    Direct beneficial
 Clearance obtained                    Yes

 Name                                  JV Parkin
 Office held                           Chief Commercial Officer (Prescribed Officer)
 Company                               Alviva Holdings Limited
 Date of acceptance                    26 June 2020
                                       Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                                       after 26 June 2023
 Class of securities                   Ordinary shares
 Number of forfeitable shares          100 000
 Award price                           R6.85
 Total value of award                  R685 000
 Nature of interest                    Direct beneficial
 Clearance obtained                    Yes
Name                         SL Grobler
Office held                  Company Secretary
Company                      Alviva Holdings Limited
Date of acceptance           26 June 2020
                             Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                             after 26 June 2023
Class of securities          Ordinary shares
Number of forfeitable shares 30 000
Award price                  R6.85
Total value of award         R205 500
Nature of interest           Direct beneficial
Clearance obtained           Yes
DIRECTORS OF MAJOR SUBSIDIARIES
Name                         CJ Brunsden
Office held                  Managing Director
Company                      Axiz (Pty) Ltd
Date of acceptance           26 June 2020
                             Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                             after 26 June 2023
Class of securities          Ordinary shares
Number of forfeitable shares 150 000
Award price                  R6.85
Total value of award         R1 027 500
Nature of interest           Direct beneficial
Clearance obtained           Yes

Name                             CY Li
Office held                      Finance Director
Company                          Axiz (Pty) Ltd
Date of acceptance               26 June 2020
                                 Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                 after 26 June 2023
Class of securities              Ordinary shares
Number of forfeitable shares     70 000
Award price                      R6.85
Total value of award             R479 500
Nature of interest               Direct beneficial
Clearance obtained               Yes

Name                             RN Nkuna
Office held                      Human Resource Director
Company                          Axiz (Pty) Ltd
Date of acceptance               26 June 2020
                                 Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                                 after 26 June 2023
Class of securities              Ordinary shares
Number of forfeitable shares     50 000
Award price                      R6.85
Total value of award             R342 500
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           TP Humphreys-Davies
Office held                    Managing Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             26 June 2020
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 26 June 2023
Class of securities            Ordinary shares
Number of forfeitable shares   125 000
Award price                    R6.85
Total value of award           R856 250
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           H Bester
Office held                    Financial Director
Company                        Pinnacle Micro (Pty) Ltd
Date of acceptance             26 June 2020
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 26 June 2023
Class of securities            Ordinary shares
Number of forfeitable shares   70 000
Award price                    R6.85
Total value of award           R479 500
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           AS Mahomed
Office held                    Executive director
Company                        Datacentrix (Pty) Ltd
Date of acceptance             26 June 2020
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 26 June 2023
Class of securities            Ordinary shares
Number of forfeitable shares   150 000
Award price                    R6.85
Total value of award           R1 027 500
Nature of interest             Direct beneficial
Clearance obtained             Yes

Name                           E Naidoo
Office held                    Executive director
Company                        Datacentrix (Pty) Ltd
Date of acceptance             26 June 2020
                               Off-market acceptance of conditional share grants vesting on or
Nature of transaction
                               after 26 June 2023
Class of securities            Ordinary shares
Number of forfeitable shares   70 000
 Award price                         R6.85
 Total value of award                R479 500
 Nature of interest                  Direct beneficial
 Clearance obtained                  Yes

 Name                                JH Coetzee
 Office held                         Executive director
 Company                             Datacentrix (Pty) Ltd
 Date of acceptance                  26 June 2020
                                     Off-market acceptance of conditional share grants vesting on or
 Nature of transaction
                                     after 26 June 2023
 Class of securities                 Ordinary shares
 Number of forfeitable shares        50 000
 Award price                         R6.85
 Total value of award                R342 500
 Nature of interest                  Direct beneficial
 Clearance obtained                  Yes


Midrand
30 June 2020


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 30-06-2020 12:48:00
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