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11/25/2016 9:46:00 AM

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AIP: ADCOCK INGRAM HOLDINGS LIMITED - Dealing in securities by an executive director
AIP: ADCOCK INGRAM HOLDINGS LIMITED - Dealing in securities by an executive director
Dealing in securities by an executive director
Adcock Ingram Holdings Limited
(Registration number 2007/016236/06)
(Incorporated in the Republic of South Africa)
Share code: AIP
ISIN: ZAE000123436
("Adcock Ingram")
DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR
In accordance with the JSE Limited Listings Requirements
("Listings Requirements"), shareholders are advised that the
executive director mentioned below has been awarded Share
Options in terms of the Adcock Ingram Employees Share Scheme
("scheme") which was approved by Shareholders in 2008. These
share options were allocated to Ms Letsoalo following her
appointment   to  the  Board  of   Directors. The   following
individual allocation was approved by the Board following a
recommendation from the HR, Remuneration and Nominations
Committee:
1. Director:                          Ms BJ Letsoalo
   Designation:                       Executive Director
   Number of options granted:         75 000*
   Strike price of options:           R42.08
   Vesting periods:                   25/11/2019, 25/11/2020,
                                             25/11/2021
  Nature of transaction:              Acceptance of share
                                      options granted in terms
                                      of the scheme (off
                                      market)
  Nature of interest:                 Direct, beneficial
  Class of securities:                Options in respect of
                                      ordinary shares
  Date of transaction:                25 November 2016
  Total transaction value:            R3,156,000.00*
Clearance for the above transactions has been obtained as
required in terms of the Listings Requirements.
* Discounted by 10% based on the R46.75 closing price of an
Adcock Ingram ordinary share on the date of grant, being 10
November 2016.
Midrand
25 November 2016
Sponsor
RAND MERCHANT BANK (a Division of FirstRand Bank Limited)
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   Source: JSE News Service (SENS)
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