AVI directors adjust holdings with share awards and sales

AVI Limited has announced share dealings by two of its directors, Justin O'Meara and Roger Coppin, involving off-market share awards and on-market sales and transfers. These transactions, all dated October 1, 2025, were conducted in compliance with JSE Listings Requirements and AVI's policy regarding director dealings.

Justin O'Meara accepted 28,433 ordinary shares awarded under the AVI Deferred Bonus Share Plan off-market, valued at ZAR2,087,835.19, with an option allocation price of ZAR73.43 per share. Additionally, O'Meara transferred 15,387 ordinary shares accepted previously, valued at ZAR1,522,082.04 (ZAR98.92 per share), off-market, and sold 13,046 ordinary shares on-market for ZAR1,292,531.14 (ZAR99.0749 per share), representing shares accepted as above.

Roger Coppin, a director of Irvin & Johnson Holding Company (Pty) Ltd, also engaged in transactions. Coppin accepted an off-market award of 5,751 ordinary shares under the AVI Deferred Bonus Share Plan, valued at ZAR422,295.93, with an option allocation price of ZAR73.43 per share. Concurrently, Coppin sold 5,751 ordinary shares on-market, which were previously accepted as part of an award, for a total value of ZAR569,779.75 (ZAR99.0749 per share). Both directors' interests remain direct and beneficial.