SOUTHERN SUN LIMITED - Exercise of Share Appreciation Rights and Allotment of Southern Sun Ordinary Shares
Exercise of Share Appreciation Rights and Allotment of Southern Sun Ordinary Shares
Southern Sun Limited
Incorporated in the Republic of South Africa
Registration number 2002/006356/06
Share Code: SSU ISIN: ZAE000272522
("Southern Sun" or "the Company")
EXERCISE OF SHARE APPRECIATION RIGHTS AND ALLOTMENT OF SOUTHERN SUN ORDINARY SHARES
In compliance with paragraphs 6.77 to 6.85 of the JSE Limited Listings Requirements, shareholders are advised
that per Southern Sun's Share Appreciation Rights Plan ("SARP"), Share Appreciation Rights ("SARs") vested and
were exercised by the following director of a major subsidiary, to whom Southern Sun ordinary shares ("SSUs")
have been issued. The value of the SSUs issued is equal to the value of the appreciation of the awarded SARs
over the vesting period (net of tax).
Director Jaco Boshoff
Designation Director of Major Subsidiary – Southern Sun Hotel Interests (Pty) Ltd
Nature of transaction Off market exercise of SARs and allotment of SSUs
Nature of interest Direct, beneficial
Class of shares Ordinary SSU shares
Transaction date 6 August 2026
Number of SSU 188 663
Exercise price R10,0127
Transaction value R1 889 026,02
Clearance obtained Yes
6 August 2026
Sponsor
Investec Bank Limited
Date: 06-08-2026 12:15:00
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