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

11 September 2019 - 15:00 PM
KAP
Dealings In KAP Securities For Purposes Of The KAP Performance Share Rights Scheme

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
("KAP" or "the Company")

DEALINGS IN KAP SECURITIES FOR PURPOSES OF THE KAP PERFORMANCE SHARE RIGHTS SCHEME

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 securities by KAP Corporate Services (Pty) Limited, a wholly-owned subsidiary
of KAP.

In terms of the KAP Performance Share Rights Scheme (the Scheme), the Company has
previously issued new shares for delivery to participants of the Scheme to the extent that vesting
has taken place in terms of the rules of the Scheme. In order to reduce the effects of dilution on
shareholders resulting from any potential future vestings that may take place in terms of the
Scheme, the Company or a nominated subsidiary is entitled to procure shares for delivery to
participants by acquiring such shares in the market. Accordingly, the KAP shares set out below
were acquired to facilitate the potential future delivery of shares under the Scheme.

NAME OF SCHEME                                   KAP Performance Share Rights Scheme
COMPANY TO WHICH THE SCHEME                      KAP Industrial Holdings Limited
RELATES
TYPE OF SECURITIES                               Shares
CLASS OF SECURITIES                              Ordinary
DATE OF TRANSACTIONS                             6 September 2019                 (1)
                                                 9 September 2019                 (2)
                                                 10 September 2019                (3)
CENTS PER SHARE                                  VWAP: 507.1897                   (1)
                                                 High: 518
                                                 Low:  486
                                                 VWAP: 516.4759                   (2)
                                                 High: 520
                                                 Low:  511
                                                 VWAP: 515.7222                   (3)
                                                 High: 519
                                                 Low:  512
NUMBER OF SECURITIES TRANSACTED                  844 618                          (1)
                                                 954 005                          (2)
                                                 190 000                          (3)
TOTAL RAND VALUE OF SECURITIES                   R4 283 815.42                    (1)
                                                 R4 927 205.64                    (2)
                                                 R  979 872.23                    (3)
NATURE OF TRANSACTIONS                           Purchase of shares by a          (1) - (3)
                                                 subsidiary of KAP to enable
                                                 KAP to fulfil its obligations to
                                                 participants under the KAP
                                                 Performance Share Rights
                                                 Scheme (on-market transactions)

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

Stellenbosch
11 September 2019

Sponsor
PSG Capital

Date: 11/09/2019 03:00:00
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