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KAP INDUSTRIAL HOLDINGS LIMITED - Dealings In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

2021/02/23 12:00:00

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KAP Industrial Holdings Ltd. released information about dealings in the company's securities

                    Dealings In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
(“KAP” or “the Company”)


In compliance with paragraph 14.9(d) of Schedule 14 and paragraphs 3.63 to 3.74 of the JSE
Limited Listings Requirements, the below-mentioned information is disclosed relating to the
dealings in KAP ordinary securities (“KAP Shares”) by the Company.

In terms of the KAP Performance Share Rights Scheme (the 'Scheme'), the Company is
obliged to issue KAP Shares for delivery to participants of the Scheme to the extent that
vesting of rights has taken place in terms of the rules of the Scheme. In order to reduce the
effect of dilution on shareholders resulting from any potential future vestings that may take
place in terms of the Scheme, the Company is entitled to procure KAP Shares for delivery to
participants by acquiring such shares in the market. Accordingly, in terms of a repurchase
programme registered with the JSE Limited, the KAP Shares set out below were acquired to
facilitate the potential future delivery of KAP Shares under the Scheme.

NAME OF SCHEME                                  KAP Performance Share Rights Scheme
COMPANY TO WHICH THE SCHEME                     KAP Industrial Holdings Limited
CLASS AND TYPE OF SECURITIES                    Ordinary Shares
DATE OF TRANSACTIONS                            18 February 2021        (1)
                                                19 February 2021        (2)
                                                22 February 2021        (3)
CENTS PER SHARE                                 VWAP: 412.31            (1)
                                                High: 420
                                                Low:  408
                                                VWAP: 405.64            (2)
                                                High: 413
                                                Low:  404
                                                VWAP: 403.35            (3)
                                                High: 410
                                                Low:  397
NUMBER OF SECURITIES TRANSACTED                 1 694 031               (1)
                                                  675 151               (2)
                                                  907 208               (3)
TOTAL RAND VALUE OF SECURITIES                  R6 984 659.22           (1)
                                                R2 738 682.52           (2)
                                                R3 659 223.47           (3)
NATURE OF TRANSACTIONS                          Purchase by the Company of its own issued
                                                shares via on-market transactions to enable
                                                KAP to fulfil its obligations to participants
                                                under the Scheme        (1-3)

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE
Limited Listings Requirements.

23 February 2021

PSG Capital

Date: 23-02-2021 12:00:00
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