Choppies executives boost holdings under long term incentive scheme

Choppies Enterprises Limited announced that several key management personnel acquired ordinary shares through the company's Long Term Incentive (LTI) scheme. The transactions occurred on December 18, 2025, with all shares purchased at a price of P1.44. A total of nine executives participated in the scheme, acquiring a combined 2,393,987 ordinary shares.

Minnesh Rajcoomar purchased the largest block of shares, totaling 577,321, valued at BWP831,342.24. Vidya Sanooj and Subeesh Kolazhy each acquired 500,000 shares, with each transaction valued at BWP720,000. Other significant acquisitions included Satheesan Kodakkadath and Gireesan Ammayath, who bought 333,333 and 133,333 shares, valued at BWP479,999.52 and BWP191,999.52 respectively. Deon Bauermeister, Marthinus Ferreira, and Anjish Pandariparambil Asokan each acquired 200,000 shares, with each transaction valued at BWP288,000. Mpho Gaamangwe acquired 50,000 shares for BWP72,000.

These on-market purchases by participants under the LTI scheme reinforce the executives' alignment with Choppies' long-term performance. Choppies Enterprises Limited maintains a primary listing on the Botswana Stock Exchange (BSE) and a secondary listing on the JSE.