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Exercise and Related Settlement of Share Options in Terms of Stadio Holdings and Stadio Group Share Incentive Scheme
STADIO HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/371398/06)
Share code: SDO
ISIN: ZAE000248662
LEI: 3789007C8FB26515D966
("STADIO Holdings")
EXERCISE AND RELATED SETTLEMENT OF SHARE OPTIONS IN TERMS OF STADIO
HOLDINGS AND THE STADIO GROUP SHARE INCENTIVE SCHEME
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("JSE
Requirements"), the following information regarding the exercise of share options awarded in
terms of the STADIO Group Share Incentive Scheme ("Scheme") by directors and a prescribed
officer of STADIO Holdings are disclosed to shareholders.
Upon the exercise of the share options referred to below, in the instances where the beneficiaries
elected to have their options settled on a net-equity basis, STADIO Holdings elected to settle
same on an after-tax equity settlement basis, through the award of ordinary shares as detailed
below:
1.
NAME OF DIRECTOR Mr Christian Phillipus David Vorster
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.21 (1)
R3.64 (2)
NUMBER OF OPTIONS EXERCISED 1 074 992 (1)
362 967 (2)
VESTING DATE OF OPTIONS 1 July 2025 (1) - (2)
EXERCISE DATE OF OPTIONS After close of business on 29 August 2025 (1) - (2)
PERIOD OF EXERCISE Participants have a 30-day period from the vesting date
during which options can be exercised, which period was
extended to 90-days by the board of directors in accordance
with the rules of the Scheme, due to STADIO Holdings being
in a closed period at such time.
NATURE OF TRANSACTION (1) Exercise of options by the director and related after-
tax net-equity settlement by way of the award of
515 621 shares to the director at the last traded
share price of R9.46 on 29 August 2025 (off-market
transaction)
(2) Exercise of options by the director and related after-
tax net-equity settlement by way of the award of
122 818 shares to the director at the last traded
share price of R9.46 on 29 August 2025 (off-market
transaction)
NAME OF ASSOCIATE Bredamonti Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director and shareholder of the associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
2.
NAME OF DIRECTOR Dr Divya Singh
COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited
STATUS: EXECUTIVE/NON- Executive
EXECUTIVE
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.21
NUMBER OF OPTIONS EXERCISED 170 732
VESTING DATE OF OPTIONS 1 July 2025
EXERCISE DATE OF OPTIONS After close of business on 29 August 2025
PERIOD OF EXERCISE Participants have a 30-day period from the vesting date
during which options can be exercised, which period was
extended to 90-days by the board of directors in
accordance with the rules of the Scheme, due to STADIO
Holdings being in a closed period at such time
NATURE OF TRANSACTION Exercise of options by the director and related after-tax
net-equity settlement by way of the award of 81 892
shares to the director at the last traded share price of
R9.46 on 29 August 2025 (off-market transaction)
NATURE AND EXTENT OF Direct, beneficial
INTEREST IN THE TRANSACTION
3.
NAME OF PRESCRIBED OFFICER Mr Jacobus Johannes Human
COMPANY OF WHICH A STADIO Holdings Limited
PRESCRIBED OFFICER
COMPANY OF WHICH A DIRECTOR STADIO Proprietary Limited
TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares
OPTION STRIKE PRICE R1.21
NUMBER OF OPTIONS EXERCISED 152 941
VESTING DATE OF OPTIONS 1 July 2025
EXERCISE DATE OF OPTIONS After close of business on 29 August 2025
PERIOD OF EXERCISE Participants have a 30-day period from the vesting date
during which options can be exercised, which period was
extended to 90-days by the board of directors in
accordance with the rules of the Scheme, due to STADIO
Holdings being in a closed period at such time
NATURE OF TRANSACTION Exercise of options and acquisition of 152 941 shares by
the director at the option strike price of R1.21 (off-market
transaction)
NAME OF ASSOCIATE Working Class Heroes Proprietary Limited
RELATIONSHIP WITH DIRECTOR The director is a director of the associate
NATURE AND EXTENT OF Indirect, beneficial
INTEREST IN THE TRANSACTION
To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.
Durbanville
1 September 2025
Sponsor
PSG Capital
Date: 01-09-2025 02:00:00
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