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Vesting of ordinary shares by directors in terms of the Afrimat FSP
AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
("Afrimat" or "the Company")
VESTING OF ORDINARY SHARES BY DIRECTORS IN TERMS OF THE AFRIMAT FORFEITABLE SHARE PLAN
In compliance with paragraphs 6.77 to 6.89 of the JSE Limited Listings Requirements, the
following information is disclosed:
1.
NAME OF DIRECTOR Andries J van Heerden
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
vesting of awards in terms of the Afrimat FSP
(off-market transaction)
DATE OF AWARD 17 May 2023
DATE OF VESTING 21 May 2026
DATE OF TRANSACTION 21 May 2026
DEEMED PRICE PER SHARE R31.23
(closing price on 20 May 2026)
NUMBER OF SECURITIES ACQUIRED 52 250
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R1 631 767.50
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
2.
NAME OF DIRECTOR Collin Ramukhubathi
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
vesting of awards in terms of the Afrimat FSP
(off-market transaction)
DATE OF AWARD 17 May 2023
DATE OF VESTING 21 May 2026
DATE OF TRANSACTION 21 May 2026
DEEMED PRICE PER SHARE R31.23
(closing price on 20 May 2026)
NUMBER OF SECURITIES ACQUIRED 34 375
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R1 073 531.25
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
3.
NAME OF DIRECTOR Pieter GS de Wit
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
vesting of awards in terms of the Afrimat FSP
(off-market transaction)
DATE OF AWARD 17 May 2023
DATE OF VESTING 21 May 2026
DATE OF TRANSACTION 21 May 2026
DEEMED PRICE PER SHARE R31.23
(closing price on 20 May 2026)
NUMBER OF SECURITIES ACQUIRED 34 375
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R1 073 531.25
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
4.
NAME OF DIRECTOR Marthinus G Odendaal
COMPANY OF WHICH A DIRECTOR Afrimat Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Acquisition of ordinary shares through the
vesting of awards in terms of the Afrimat FSP
(off-market transaction)
DATE OF AWARD 17 May 2023
DATE OF VESTING 21 May 2026
DATE OF TRANSACTION 21 May 2026
DEEMED PRICE PER SHARE R31.23
(closing price on 20 May 2026)
NUMBER OF SECURITIES ACQUIRED 34 375
AFTER SETTLEMENT OF TAX
DEEMED TOTAL RAND VALUE OF R1 073 531.25
SECURITIES TRANSACTED
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 6.83 of the JSE Limited Listings
Requirements.
Cape Town
22 May 2026
Sponsor
Valeo Capital (Pty) Ltd
Date: 22-05-2026 02:30:00
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