Motus executives sell shares to cover tax obligations

Motus Holdings Limited announced dealings in securities by its executive directors and company secretary following the vesting of Conditional Share Plan (CSP) awards on September 15, 2025. These sales were solely to cover tax liabilities arising from the vested shares, with all participants electing to retain the remaining balance of their awards.

OJ Janse van Rensburg, a director, sold 24,604 ordinary shares across three days (September 15-17, 2025) for a total value of R2,669,781.85. KA Cassel, another director, sold 15,210 shares over the same period, valued at R1,650,438.22. NE Simelane, the company secretary, sold 4,240 shares totaling R460,082.71. All transactions were direct beneficial sales on the market, with clearance to deal obtained.

The executive directors and company secretary now hold more shares than on June 30, 2025, and meet or are on track to meet the minimum share holding requirements as per the group’s remuneration policy. The average selling prices ranged from R108.4231 to R109.0371 per security.