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iOCO LIMITED — Director's Dealing 2026
May 7, 2026
48741_rns_2026-05-07_c3a87fc7-b839-4598-819d-c7a35bed0dc5.pdf
Director's Dealing
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iOCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: IOC ISIN: ZAE000071072
(“iOCO” or the “Company”)
iOCO
DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY
Shareholders are advised of the following information relating to the award of conditional shares under the 2022 Share Plan. Vesting of the conditional shares, which will occur in three equal tranches over a 24-month period, is subject to the performance criteria being met within the performance period.
| Name and capacity of director: | Ashona Kooblall (Chief financial officer) |
|---|---|
| Transaction date: | 6 May 2026 |
| Class of securities: | Ordinary shares |
| Number of securities: | 2 772 000 |
| Price per security: | Rnil |
| Total deemed value of the transaction: | R12 030 480.00, calculated using the closing price of iOCO shares on 4 May 2026, being R4.34 per share |
| Nature of transaction: | Off-market acceptance of award of conditional shares in terms of the 2022 Share Plan |
| Nature and extent of director’s interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
| Performance criteria and performance period: | 1 386 000 conditional shares on achievement of a share price hurdle of R6.25 by 31 December 2027. |
| 1 386 000 conditional shares on achievement of a share price hurdle of R7.80 by 31 December 2028. |
Shareholders are further advised of the following information relating to the award of forfeitable shares under the 2022 Share Plan. Vesting of the forfeitable shares, which will occur on release of the Company’s financial results in October 2026, is subject to the achievement of board approved KPIs for the financial year ending 31 July 2026 being met.
| Name and capacity of director: | Ashona Kooblall (Chief financial officer) |
|---|---|
| Transaction date: | 6 May 2026 |
| Class of securities: | Ordinary shares |
| Number of securities: | 1 200 000 |
| Price per security: | Rnil |
| Total deemed value of the transaction: | R5 208 000.00, calculated using the closing price of iOCO shares on 4 May 2026, being R4.34 per share |
| Nature of transaction: | Off-market acceptance of award of forfeitable shares in terms of the 2022 Share Plan |
| Nature and extent of director’s interest: | Direct beneficial |
| Clearance to deal obtained: | Yes |
7 May 2026
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JAVA CAPITAL