ADCORP HOLDINGS LIMITED - Dealings by the Adcorp Long-Term Incentive (LTI) Plan

Dealings by the Adcorp Long-Term Incentive (“LTI”) Plan

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
("Adcorp" or "the Company")


DEALINGS BY THE ADCORP LONG-TERM INCENTIVE ("LTI") PLAN


In terms of paragraph 3.96 of the JSE Limited Listings Requirements ("Listings
Requirements"), shareholders are hereby advised that the third-party brokerage mandated
by Adcorp, has notified Adcorp of the following on-market purchases of shares in order to
settle forfeitable share awards made by Adcorp to participants in terms of the Adcorp LTI Plan:

 DATE OF TRANSACTIONS                             13 January 2025 (1)
                                                  14 January 2025 (2)
                                                  15 January 2025 (3)
                                                  16 January 2025 (4)
                                                  17 January 2025 (5)
                                                  20 January 2025 (6)
                                                  21 January 2025 (7)
                                                  22 January 2025 (8)

 NATURE OF TRANSACTIONS                           Purchase of shares (on-market
                                                  transaction) (1 – 8)

 NUMBER OF SECURITIES TRANSACTED                  3 582  (1)
                                                  14 652 (2)
                                                  2 080  (3)
                                                  4 702  (4)
                                                  5 231  (5)
                                                  6 182  (6)
                                                  8 642  (7)
                                                  8 849  (8)
 
PRICE PER SECURITY (CENTS)                        466 (1)

                                                  High: 487    (2)
                                                  Low:  465    (2)
                                                  VWAP: 474.22 (2)

                                                  465 (3)

                                                  High: 465    (4)
                                                  Low:  460    (4)
                                                  VWAP: 463.33 (4)

                                                  High: 463 (5)
                                                  Low:  427 (5)
                                                  VWAP: 454 (5)

                                                  High: 466    (6)
                                                  Low:  463    (6)
                                                  VWAP: 464.75 (6)

                                                  High: 465    (7)
                                                  Low:  460    (7)
                                                  VWAP: 462.17 (7)

                                                  High: 465   (8)
                                                  Low:  464   (8)
                                                  VWAP: 464.8 (8)
 
 CLASS OF SECURITIES                              Ordinary Shares (1-8)
 
 TOTAL RAND VALUE OF SECURITIES                   R16 692,12 (1)
                                                  R69 590,04 (2)
                                                  R9 672,00  (3)
                                                  R21 653,65 (4)
                                                  R22 467,41 (5)
                                                  R28 704,75 (6)
                                                  R40 038,25 (7)
                                                  R41 110,92 (8)

To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of
the Listings Requirements.

Johannesburg
28 January 2025


Sponsor
Valeo Capital (Pty) Ltd

Date: 28-01-2025 12:58:00
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