Sun International executives sell shares after award vesting

Sun International Limited announced that its finance director, N Basthdaw, received 96,488 shares on October 3, 2025, with a deemed value of R3,846,011.68. These shares were delivered off-market due to the vesting of forfeitable matching shares awarded on May 19, 2022. Subsequently, Basthdaw disposed of 80,068 shares on October 1, 2025, in an on-market transaction to cover tax liabilities arising from the vesting. The average price per share for this disposal was R39.2827, resulting in a total value of R3,145,287.22.

In a related transaction, company secretary AG Johnston also received 2,036 shares on October 3, 2025, stemming from the vesting of forfeitable matching shares awarded on the same date as Basthdaw's. The deemed value of these shares was R81,154.96. Johnston subsequently sold 1,690 shares on October 1, 2025, to settle tax liabilities. This on-market disposal had an average price of R39.2827 per share, totaling R66,387.76. Both individuals held a direct beneficial interest in these transactions and received clearance to deal. The deemed value for the shares was based on a closing price of R39.86 on October 2, 2025.