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NVEST FINANCIAL HOLDINGS LIMITED - Exercise of Options by a Director in Terms of the NVest Share Incentive Scheme

03 December 2019 - 07:32 AM
NVE
Exercise of Options by a Director in Terms of the NVest Share Incentive Scheme

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2008/015990/06)
(NVest)
ISIN Code: ZAE000199865 JSE Code: NVE

EXERCISE OF OPTIONS BY A DIRECTOR IN TERMS OF THE NVEST SHARE INCENTIVE SCHEME


In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the dealing in securities by a director of NVest is disclosed:

 Name of director:                     CG Lemmon
 Status of director:                   Executive
 Class and type of securities:         Ordinary shares
 Nature of transaction:                Acquisition of ordinary shares through the exercise of
                                       options in terms of the NVest Share Incentive Scheme
                                       (off-market transaction)
 Vesting date of options exercised:    2 December 2019
 Date of exercise of options:          2 December 2019
 Option strike price:                  R1.82
 Number of options exercised:          500 000
 Total value of options exercised:     R910 000
 Period of exercise:                   Participants must exercise an option no earlier or later
                                       than on the third anniversary of the option date.
 Nature and extent of directors       Direct beneficial
 interest in the transaction:

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

East London
3 December 2019


Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 03-12-2019 08:32:00
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