AVI director Crutchley deals in shares awarded under incentive scheme

Simon Crutchley engaged in multiple share transactions related to the AVI Revised Executive Share Incentive Scheme. On April 14, 2025, Crutchley accepted 24,550 shares granted under the scheme with an option allocation price of R69.75, totaling a value of R1,712,362.50 in an off-market transaction. On the same day, in an on-market transaction, Crutchley sold 24,550 shares at a VWAP of R92.09 per share, with prices ranging from R92.00 to R93.00, totaling R2,260,809.50. On April 15, 2025, Crutchley accepted 56,195 shares granted under the same scheme with an option allocation price of R69.75, totaling R3,919,601.25, in an off-market transaction. On the same day, in an on-market transaction, he sold 56,195 shares at R93.45 per share, totaling R5,251,422.75. The sales were linked to expiring options, necessitating exercise per scheme rules. Clearance for these transactions was secured in compliance with AVI's policy and JSE regulations.