SENS
Dealing in securities by the Adcock Ingram Limited Employee Share Trust (2008), Date/Time: 2024/03/08 12:36:00
Dealing in securities by the Adcock Ingram Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ('Adcock Ingram' or 'the Company') DEALING IN SECURITIES BY THE ADCOCK INGRAM LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, shareholders are advised that the Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in accordance with its terms, in order to fulfil its obligations arising from the exercise of options by participants. The details are set out below. Company Adcock Ingram Limited Employee Share Trust (2008) Date of transaction 7 March 2024 Nature of transaction On-market purchase of securities Number of securities 21 339 Class of securities Ordinary shares Volume weighted average purchase price R54.18 per share Highest purchase price R55.20 per share Lowest purchase price R54.00 per share Value of transaction R1 156 209.00 Nature of interest Direct beneficial Midrand 8 March 2024 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08-03-2024 12:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Unaudited interim results for the six months ended 31 December 2023 and cash dividend declaration, Date/Time: 2024/02/21 07:15:00
Click below to view full PDF article https://senspdf.jse.co.za/documents/2024/jse/isse/aip/AIP012024.pdf Unaudited interim results for the six months ended 31 December 2023 and cash dividend declaration Adcock Ingram Holdings Limited Incorporated in the Republic of South Africa) Registration number: 2007/016236/06 Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company" or "the Group") UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023 AND CASH DIVIDEND DECLARATION TOP RANKED PHARMACEUTICAL COMPANY IN THE SOUTH AFRICAN PRIVATE MARKET Revenue +1% Gross profit -2% Trading profit -1% HEPS +1% Dividend 125 cents B-BBEE level 2 Introduction The Group's defensive portfolio of affordable medicines delivered a resilient performance in a constrained environment where consumers remain under pressure from high interest rates, exchange rate depreciation, high inflation and continued loadshedding, all of which result in lower disposable income. The Board of Directors (Board) is satisfied with the results, despite these challenging circumstances. The Company has retained its status as the Number 1 pharmaceutical player in the South African private market. The Group continued to return capital to shareholders through the buyback of shares in the period under review. Prospects The Group will continue to focus on expanding its product portfolio, by acquisition or partnership, particularly in less price-regulated product classes, to grow revenue and protect margins. We are encouraged by the Single Exit Price Adjustment awarded for 2024 of 6.79%, which will go some way to alleviating the pressure caused by the weak Rand. Unaudited Unaudited six-month six-month Change period ended period ended % 31 December 2023 31 December 2022 Revenue (R'000) 1 4 740 424 4 676 411 Gross profit (R'000) (2) 1 609 667 1 640 236 Trading profit (R'000) (1) 618 187 623 462 Operating profit (R'000) (1) 585 747 594 038 Headline earnings per share (cents) 1 293.0 289.9 Basic earnings per share (cents) - 291.3 289.9 Total assets (R'000) 8 329 023 8 036 326 Net asset value per share (cents) 3 625.8 3 412.0 Dividend declared per share (cents) 125.0 125.0 Segment revenue Consumer (R'000) 2 866 028 846 707 OTC (R'000) - 1 149 370 1 146 256 Prescription (R'000) - 1 712 894 1 720 589 Hospital (R'000) 5 1 011 992 962 462 Segment trading profit Consumer (R'000) 2 188 670 185 182 OTC (R'000) (9) 164 955 181 081 Prescription (R'000) 13 189 131 167 447 Hospital (R'000) (16) 74 198 88 601 Cash dividend declaration The Board has declared an interim gross dividend out of income reserves of 125 cents per share in respect of the six-months ended 31 December 2023. The South African dividend tax ("DT") rate is 20% and the net dividend payable to shareholders who are not exempt from DT is 100 cents per share. Adcock Ingram currently has 161 300 000 ordinary shares in issue and qualifying for ordinary dividends. The income tax reference number is 9528/919/15/3. The salient dates for the distribution are detailed below: Last date to trade cum distribution Tuesday, 12 March 2024 Shares trade ex distribution Wednesday, 13 March 2024 Record date Friday, 15 March 2024 Payment date Monday, 18 March 2024 Share certificates may not be dematerialised or rematerialised between Wednesday, 13 March 2024 and Friday, 15 March 2024, both dates inclusive. N Madisa AG Hall Chairperson Chief Executive Officer Approved by the Board: 20 February 2024 SENS release date: 21 February 2024 Company secretary: M Phalafala Registered office: 1 New Road, Midrand, 1682 Postal address: Private Bag X69, Bryanston, 2021 Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, Johannesburg, 2196. Private Bag X9000, Saxonwold, 2132 Auditors: PricewaterhouseCoopers Inc, 4 Lisbon Lane, Waterfall, 2090 Sponsor: Rand Merchant Bank (a division of FirstRand Bank Limited), 1 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton, 2196 Bankers: Nedbank Limited, 135 Rivonia Road, Sandown, Sandton, 2146. Rand Merchant Bank, 1 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton, 2196. Investec Bank Limited, 100 Grayston Drive, Sandton, 2146 The unaudited interim results for the 6 months ended 31 December 2023 ("interim results") have been published on SENS and are available at https://senspdf.jse.co.za/documents/2024/JSE/ISSE/AIP/AIP012024.pdf The contents of this results announcement are the responsibility of the Board of Directors. As this results announcement does not contain full details, any investment decision should be based on the contents of the information contained in the interim results, which are also available on the Company's website at www.adcock.com/investors/financialreports. Date: 21-02-2024 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Audio webcast and conference call following the interim financial results publication, Date/Time: 2024/02/15 10:27:00
Audio webcast and conference call following the interim financial results publication Adcock Ingram Holdings Limited (Registration number 2007/016236/06) (Incorporated in the Republic of South Africa) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company") AUDIO WEBCAST AND CONFERENCE CALL FOLLOWING THE INTERIM FINANCIAL RESULTS PUBLICATION Shareholders of Adcock Ingram are advised that the Company is expecting to publish its interim financial results for the six-month period ended 31 December 2023, on Wednesday, 21 February 2024. Accordingly, stakeholders are invited to attend an audio webcast or conference call which will be hosted by Mr Andy Hall, Chief Executive Officer, and Ms Dorette Neethling, Chief Financial Officer, at 11:00 on Wednesday, 21 February 2024. Interested parties are invited to dial in to the conference call by 11:00 on Wednesday, 21 February 2024 (South African Standard Time / SAST), using the appropriate number from the list below, after registering as they enter the call. Alternatively, should you wish to join the audio webcast, please register by accessing the following link: https://services.themediaframe.com/links/adcock10045720.html Those without internet access or unable to pre-register may dial in by calling: Country Access number South Africa: 011 535 3600 010 201 6800 UK: 0 333 300 1418 USA and Canada: 1 508 924 4326 Australia: 1 800 350 100 Other Countries: +27 11 535 3600 +27 10 201 6800 Conference replay – replay access code: 45720 Country Access number South Africa: 010 500 4108 UK: 0 203 608 8021 USA: 1 412 317 0088 Australia: 073 911 1378 International: +27 10 500 4108 Johannesburg 15 February 2024 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 15-02-2024 10:27:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealing in securities by the Adcock Ingram Limited Employee Share Trust (2008), Date/Time: 2024/01/02 15:20:00
Dealing in securities by the Adcock Ingram Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ('Adcock Ingram' or 'the Company') DEALING IN SECURITIES BY THE ADCOCK INGRAM LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, shareholders are advised that the Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in accordance with its terms, to fulfil its obligations arising from the exercise of options by participants. The details are set out below: Company Adcock Ingram Limited Employee Share Trust (2008) Date of transaction 29 December 2023 Nature of transaction On-market purchase of securities Number of securities 2 052 Class of securities Ordinary shares Purchase price R 60.25 per share Value of transaction R 123 633.00 Nature of interest Direct beneficial Midrand 2 January 2024 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02-01-2024 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by Adcock Ingram Limited Employee Share Trust (2008) and executive director, Date/Time: 2023/12/28 11:59:00
Dealings in securities by Adcock Ingram Limited Employee Share Trust (2008) and executive director Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ('Adcock Ingram' or 'the Company') DEALINGS IN SECURITIES BY ADCOCK INGRAM LIMITED EMPLOYEE SHARE TRUST (2008) AND EXECUTIVE DIRECTOR In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in accordance with its terms, in order to fulfil its obligations arising from the exercise of options by participants. The details are set out below. Company Adcock Ingram Limited Employee Share Trust (2008) Date of transaction 27 December 2023 Nature of transaction On-market purchase of securities Number of securities 58 332 Class of securities Ordinary shares Purchase price R60.25 per share Value of transaction R3 514 503.00 Nature of interest Direct beneficial Shareholders are further advised that the Adcock Ingram director obtained the necessary clearance to exercise her options as follows: Director Basadi Letsoalo Company Adcock Ingram Date of transaction 22 December 2023 Nature of transaction Off market exercise of options Class of securities Ordinary shares Number of options exercised 15 000 Option award price R52.20 Exercise price R60.49 per share Value of transaction R124 350.00 Equivalent number of shares received 2 056 Nature of interest Direct beneficial Date of transaction 22 December 2023 Nature of transaction Off market exercise of options Class of securities Ordinary shares Number of options exercised 120 000 Option award price R57.73 Exercise price R60.49 per share Value of transaction R331 200.00 Equivalent number of shares received 5 475 Nature of interest Direct beneficial Midrand 28 December 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28-12-2023 11:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by Adcock Ingram Limited Employee Share Trust (2008) and executive directors, Date/Time: 2023/12/19 15:26:00
Dealings in securities by Adcock Ingram Limited Employee Share Trust (2008) and executive directors Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ('Adcock Ingram' or 'the Company') DEALINGS IN SECURITIES BY ADCOCK INGRAM LIMITED EMPLOYEE SHARE TRUST (2008) AND EXECUTIVE DIRECTORS In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in accordance with its terms, in order to fulfil its obligations arising from the exercise of options by participants. The details are set out below. Company Adcock Ingram Limited Employee Share Trust (2008) Date of transaction 18 December 2023 Nature of transaction On-market purchase of securities Number of securities 50,303 Class of securities Ordinary shares Volume weighted average purchase price R58.27 per share Highest price R58.68 per share Lowest price R58.27 per share Value of transaction R2 931 287.00 Nature of interest Direct beneficial Shareholders are further advised that Adcock Ingram directors have obtained the necessary clearance to exercise their options as follows: Director Andrew Hall Company Adcock Ingram Date of transaction 14 December 2023 Nature of transaction Off market exercise of options Class of securities Ordinary shares Number of options exercised 133 334 Option award price R42.30 Exercise price R58.64 per share Value of transaction R2 178 678.00 Equivalent number of shares received 37 153 Nature of interest Direct beneficial Director Dorette Neethling Company Adcock Ingram Date of transaction 14 December 2023 Nature of transaction Off market exercise of options Class of securities Ordinary shares Number of options exercised 20 000 Option award price R52.20 Exercise price R58.64 per share Value of transaction R128 800.00 Equivalent number of shares received 2 196 Nature of interest Direct beneficial Date of transaction 14 December 2023 Nature of transaction Off market exercise of options Class of securities Ordinary shares Number of options exercised 30 000 Option award price R41.94 Exercise price R58.64 per share Value of transaction R501 000.00 Equivalent number of shares received 8 544 Nature of interest Direct beneficial Midrand 19 December 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 19-12-2023 03:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008), Date/Time: 2023/12/11 15:25:00
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or the "Company") DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market, in order to fulfil its obligations arising from the exercise of options by a participant. The details are set out below. Trust Adcock Ingram Holdings Limited Employee Share Trust (2008) Date of transaction 8 December 2023 Nature of transaction On market purchase of securities Number of securities 12 634 Class of securities Ordinary shares Purchase price R55.50 per share Value of transaction R701 187.00 Nature of interest Direct beneficial Midrand 11 December 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 11-12-2023 03:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008), Date/Time: 2023/12/07 10:00:00
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or the "Company") DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market, in order to fulfil its obligations arising from the exercise of options by a participant. The details are set out below. Trust Adcock Ingram Holdings Limited Employee Share Trust (2008) Date of transaction 5 December 2023 Nature of transaction On market purchase of securities Number of securities 47 604 Class of securities Ordinary shares Purchase price R54.00 per share Value of transaction R2 570 616.00 Nature of interest Direct beneficial Midrand 07 December 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 07-12-2023 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Results of the annual general meeting (AGM) and availability B-BBEE annual compliance report, Date/Time: 2023/11/23 07:05:00
Results of the annual general meeting (AGM) and availability B-BBEE annual compliance report Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 (the Company) RESULTS OF THE ANNUAL GENERAL MEETING (AGM) AND AVAILABILITY B-BBEE ANNUAL COMPLIANCE REPORT At the AGM of the Company, held on 21 November 2023, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, the Company confirms the voting statistics from the AGM as follows: Votes cast disclosed as a Number of Shares voted Shares abstained percentage in relation to the shares voted disclosed as a disclosed as a total number of shares voted at percentage in percentage in the meeting relation to the total relation to the total issued shares* issued shares* Resolutions For Against Ordinary resolution No 1.1 – Re-election of director 97.55% 2.45% 142 635 863 88.43% 0.01% retiring by rotation: Mr M Steyn Ordinary resolution No 1.2 – Re-election of director 97.65% 2.35% 142 635 863 88.43% 0.01% retiring by rotation: Ms L Boyce Ordinary resolution No 1.3 – Re-election of director 99.91% 0.09% 142 635 863 88.43% 0.01% retiring by rotation: Dr C Manning Ordinary resolution No 2.1 – Election of members of 99.92% 0.08% 142 635 863 88.43% 0.01% the Audit Committee: Ms D Ransby (Chairperson) Ordinary resolution No 2.2 – Election of members of 99.91% 0.09% 142 635 863 0.01% the Audit Committee: Ms B Mabuza 88.43% Ordinary resolution No 2.3 – Election of members of 99.70% 0.30% 142 635 863 88.43% 0.01% the Audit Committee: Dr C Manning Ordinary resolution No 3 – Re-appointment of 100.00% 0.00% 142 635 863 88.43% 0.01% independent external auditor (PwC) Ordinary resolution No 4 – Delegation of authority 100.00% 0.00% 142 635 863 88.43% 0.01% Ordinary resolution No 5 (Non-binding advisory 99.62% 0.38% 142 633 913 88.43% 0.01% vote) – Endorsement of Remuneration policy Ordinary resolution No 6 (Non-binding advisory 98.61% 1.39% 142 633 913 88.43% 0.01% vote) – Endorsement of Implementation of remuneration policy Special resolution No 1 - Financial assistance in 100.00% 0.00% 142 635 863 88.43% 0.01% terms of section 45 of the Companies Act to related and inter-related parties Special resolution No 2 – Non-executive directors' 99.46% 0.54% 142 633 913 88.43% 0.01% remuneration Special resolution No 3 – General authority to 99.25% 0.75% 142 635 863 88.43% 0.01% repurchase shares *Total issued share capital is 161,300,000 shares. The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. Shareholders are further advised that the Company's annual compliance report, in terms of Section 13G (2) of the Broad-Based Black Economic Empowerment Amendment Act No. 46 of 2013, as amended, has been submitted to the B-BBEE Commission and, in terms of paragraph 16.21(g) of the JSE Limited Listings Requirements, is available on the Company's website at https://www.adcock.com/Sustainability/Transformation. Midrand 23 November 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23-11-2023 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Acquisition of ordinary shares from a wholly-owned subsidiary, Date/Time: 2023/10/30 08:55:00
Acquisition of ordinary shares from a wholly-owned subsidiary Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "Company") ACQUISITION OF ORDINARY SHARES FROM A WHOLLY-OWNED SUBSIDIARY Shareholders are advised that the Company acquired 8 418 861 (eight million four hundred and eighteen thousand eight hundred and sixty one) ordinary shares (the "Shares"), which equates to 4.96% of the Company's issued share capital, from its wholly owned subsidiary, Adcock Ingram Limited (the "Subsidiary") on 26 October 2023 for a total consideration, determined using the market price, of R446 199 633, equating to R53.00 per ordinary share ("Repurchase Transaction"). The Subsidiary had previously repurchased the Shares in accordance with general authority granted by shareholders at the Company's annual general meeting held on 22 November 2022 ("General Meeting") and the Shares had since been held as treasury shares. The Company confirms that: 1. The Repurchase Transaction is regarded as a repurchase of shares as contemplated in section 48 of the Companies Act 71 of 2008, as amended (the "Companies Act") and there has been full compliance with all aspects of the Companies Act. The repurchased Shares will be restored to the status of authorised but unissued shares in accordance with section 35(5) of the Companies Act. 2. The Repurchase Transaction will have no impact on the financial position of the Adcock Ingram Group ("Group") and is cash neutral for the Group, as no funds will leave the Group. Following the Repurchase Transaction, the Company will apply to the JSE Limited for the delisting of the Shares. Following the Repurchase Transaction, delisting and cancellation of the Shares, the Company, through the Subsidiary, will still hold 8 531 139 ordinary shares in treasury. Midrand 30 October 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30-10-2023 08:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Availability of integrated report and notice of annual general meeting (“AGM”), Date/Time: 2023/10/20 08:30:00
Availability of integrated report and notice of annual general meeting (“AGM”) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company") AVAILABILITY OF INTEGRATED REPORT AND NOTICE OF ANNUAL GENERAL MEETING ("AGM") Availability of Integrated Report Shareholders are advised that the Integrated Report, incorporating summarised annual financial statements, as well as the Notice of the AGM, will be distributed to shareholders today. Whilst the audited annual financial statements for the year ended 30 June 2023 have previously been made available via the JSE cloudlink (https://senspdf.jse.co.za/documents/2023/JSE/ISSE/AIP/June2023.pdf), the Integrated Report and the Notice of the AGM is available via the Company's weblink, www.adcock.com/investors/IntegratedReports. Notice of the AGM ("Notice") Notice is hereby given that the AGM of Adcock Ingram shareholders will be held on Tuesday, 21 November 2023, at 09:00 at 1 New Road, Midrand, Gauteng to transact the business as detailed in the Notice. The salient details of the AGM are as follows: Issuer name Adcock Ingram Holdings Limited Type of instrument Ordinary shares ISIN number ZAE000123436 JSE code AIP Meeting type Annual General Meeting Meeting venue 1 New Road, Midrand, Gauteng Record date – to determine which shareholders are entitled to Friday, 13 October 2023 receive the notice of the AGM Publication/posting date Friday, 20 October 2023 Last day to trade – Last day to trade to determine eligible Tuesday, 7 November 2023 shareholders that may attend, speak and vote at the AGM Record date – Record date to determine eligible shareholders that Friday, 10 November 2023 may attend, speak and vote at the AGM AGM deadline date and time (for administrative purposes at which 09:00 on Friday, 17 November 2023 forms of proxy for the meeting have to be lodged)* AGM date and time 09:00 on Tuesday, 21 November 2023 Publication of AGM results on or about Tuesday, 21 November 2023 *any proxies not lodged by this time must be handed to the chairperson of the AGM immediately prior to such proxy exercising his/her right to vote at the AGM. Midrand 20 October 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20-10-2023 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008), Date/Time: 2023/10/05 12:44:00
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram") DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market, to fulfil its obligations arising from the exercise of options by a participant. The details are set out below. Trust Adcock Ingram Holdings Limited Employee Share Trust (2008) Date of transaction 03 October 2023 Nature of transaction On market purchase of securities Number of securities 15 627 Class of securities Ordinary shares Volume weighted average purchase price R57.00 per share Highest purchase price R57.00 Lowest purchase price R56.99 Value of transaction R890 730.80 Nature of interest Direct beneficial Midrand 05 October 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-10-2023 12:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008), Date/Time: 2023/10/02 15:29:00
Dealings in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008) Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ('Adcock Ingram' or 'the Company') DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE TRUST (2008) In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: The Adcock Ingram Holdings Limited Employee Share Trust (2008) (the "Trust") has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market, to fulfil its obligations arising from the exercise of options by a participant. The details are set out below. Trust Adcock Ingram Holdings Limited Employee Share Trust (2008) Date of transaction 27 September 2023 Nature of transaction On market purchase of securities Number of securities 11 620 Class of securities Ordinary shares Purchase price R56.20 per share Value of transaction R653 040.00 Nature of interest Direct beneficial Midrand 02 October 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02-10-2023 03:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Dealings in securities by Adcock Ingram Holdings Limited Employee Share Trust (2008) and Executive Directors, Date/Time: 2023/09/28 16:40:00
Dealings in securities by Adcock Ingram Holdings Limited Employee Share Trust (2008) and Executive Directors Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2007/016236/06) Share code: AIP ISIN: ZAE000123436 (‘Adcock Ingram’ or ‘the Company’) DEALINGS IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE TRUST (2008) AND BY EXECUTIVE DIRECTORS In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: A portion of conditional shares, awarded to executive directors, on 26 September 2019 (2020 tranche) and 25 November 2020 (2021 tranche) in terms of the Performance Based Long-Term Incentive Scheme (PBLTIS), have vested. The achievement proportion is determined after applying the related performance conditions during the performance period. In terms of the PBLTIS 75% of granted awards vest after three years and the remaining 25% vest after four years. Details about these tranches are as follows: 2020 2021 tranche tranche Achievement proportion: 72% 100% Performance period: 1 July 2019 – 30 June 2022 1 July 2020 – 30 June 2023 Vested portion: 25% 75% 75% of the 2020 tranche vested in 2022 and the relevant dealings in securities were announced on the Stock Exchange News Service on 14 October 2022. The remaining 25% of the 2021 tranche will vest in 2024. The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite clearance, purchased Adcock Ingram ordinary shares in the open market on behalf of participants in accordance with its terms, in order to satisfy the obligations arising from the vesting of PBLTIS conditional share awards. The details are set out below. Company Adcock Ingram Holdings Limited Employee Share Trust (2008) Date of transaction 18 September 2023 Nature of transaction On market purchase of securities to satisfy the obligations arising from the vesting of PBLTIS conditional share awards Number of securities 926 675 Class of securities Ordinary shares Purchase price R52.84 per share Value of transaction R48 965 507.00 Nature of interest Direct beneficial Shareholders are further advised of the dealings in the Company’s securities by executive directors as disclosed below. Director: Andrew Hall Company Adcock Ingram Date of transaction 18 September 2023 Nature of transaction On market sale of shares pursuant to the vesting of conditional share awards in terms of the PBLTIS Class of securities Ordinary shares Number of share awards vested and sold 170 250 Exercise and sale price per share R54.51 per share Value of transaction R9 280 327.50 Nature of interest Direct beneficial Director: Dorette Neethling Company Adcock Ingram Date of transaction 18 September 2023 Nature of transaction On market sale of shares pursuant to the vesting of the conditional share awards in terms of the PBLTIS Class of securities Ordinary shares Number of share awards vested and sold 80 520 Exercise and sale price per share R54.51 per share Value of transaction R4 389 145.20 Nature of interest Direct beneficial Director: Basadifeela Letsoalo Company Adcock Ingram Date of transaction 18 September 2023 Nature of transaction On market sale of shares pursuant to the vesting of the conditional share awards in terms of the PBLTIS Class of securities Ordinary shares Number of share awards vested and sold 73 095 Exercise and sale price per share R54.51 per share Value of transaction R3 984 408.45 Nature of interest Direct beneficial The requisite clearance has been received in respect of the above transactions. Midrand 28 September 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28-09-2023 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.