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KAL GROUP LIMITED Director's Dealing 2026
48745_rns_2026-05-25_1b57679f-7c83-4154-b16d-eb707cd64d67.pdf
Director's Dealing
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KAL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
ISIN: ZAE000244711
Share code: KAL
("KAL Group")
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KAL
GROUP
SETTLEMENT OF AWARDS UNDER KAL GROUP'S LONG-TERM INCENTIVE PLAN
In compliance with the JSE Listings Requirements, the following information regarding the vesting, automatic exercise and after-tax net-equity settlement of awards in terms of the KAL Group Long-term Incentive Plan ("LTIP"), is disclosed:
1.
| NAME OF DIRECTOR | GW Sim |
|---|---|
| COMPANY OF WHICH A DIRECTOR | KAL Group |
| STATUS: EXECUTIVE/NON-EXECUTIVE | Executive |
| TYPE AND CLASS OF SECURITIES | Nil-cost options ("NCOs") in relation to ordinary shares |
| NATURE OF DEALING | Vesting, automatic exercise and after-tax net-equity settlement of NCOs, resulting in the delivery of ordinary shares to a participant under the LTIP (off-market dealing) |
| DEALING DATE (VESTING AND EXERCISE) | 24 May 2026 |
| SETTLEMENT DATE | 25 May 2026 |
| NUMBER OF NCOs VESTED | 67 552 |
| TOTAL VALUE OF NCOs VESTED | R3 100 203.66, based on a deemed value of R45.89 per NCO |
| NUMBER OF ORDINARY SHARES RECEIVED (POST-TAX NET EQUITY SETTLEMENT) | 37 153 |
| NATURE AND EXTENT OF INTEREST IN THE DEALING | Direct, beneficial |
2.
| NAME OF DIRECTOR | H Smit |
|---|---|
| COMPANY OF WHICH A DIRECTOR | Agrimark Operations Limited (a major subsidiary of KAL Group) |
| STATUS: EXECUTIVE/NON-EXECUTIVE | Executive |
| TYPE AND CLASS OF SECURITIES | NCOs in relation to ordinary shares |
|---|---|
| NATURE OF DEALING | Vesting, automatic exercise and after-tax net-equity settlement of NCOs, resulting in the delivery of ordinary shares to a participant under the LTIP (off-market dealing) |
| DEALING DATE (VESTING AND EXERCISE) | 24 May 2026 |
| SETTLEMENT DATE | 25 May 2026 |
| NUMBER OF NCOs VESTED | 43 879 |
| TOTAL VALUE OF NCOs VESTED | R2 013 764.75, based on a deemed value of R45.89 per NCO |
| NUMBER OF ORDINARY SHARES RECEIVED (POST-TAX NET EQUITY SETTLEMENT) | 24 133 |
| NATURE AND EXTENT OF INTEREST IN THE DEALING | Direct, beneficial |
3.
| NAME OF DIRECTOR | T Sulaiman-Bray |
|---|---|
| COMPANY OF WHICH A DIRECTOR | Agrimark Operations Limited (a major subsidiary of KAL Group) |
| STATUS: EXECUTIVE/NON-EXECUTIVE | Executive |
| TYPE AND CLASS OF SECURITIES | NCOs in relation to ordinary shares |
| NATURE OF DEALING | Vesting, automatic exercise and after-tax net-equity settlement of NCOs, resulting in the delivery of ordinary shares to a participant under the LTIP (off-market dealing) |
| DEALING DATE (VESTING AND EXERCISE) | 24 May 2026 |
| SETTLEMENT DATE | 25 May 2026 |
| NUMBER OF NCOs VESTED | 36 954 |
| TOTAL VALUE OF NCOs VESTED | R1 695 951.65, based on a deemed value of R45.89 per NCO |
| NUMBER OF ORDINARY SHARES RECEIVED (POST-TAX NET EQUITY SETTLEMENT) | 20 324 |
| NATURE AND EXTENT OF INTEREST IN THE DEALING | Direct, beneficial |
|---|---|
4.
| NAME OF DIRECTOR | AC Abeln |
|---|---|
| COMPANY OF WHICH A DIRECTOR | Agrimark Operations Limited |
| (a major subsidiary of KAL Group) | |
| STATUS: EXECUTIVE/NON-EXECUTIVE | Executive |
| TYPE AND CLASS OF SECURITIES | NCOs in relation to ordinary shares |
| NATURE OF DEALING | Vesting, automatic exercise and after-tax net-equity settlement of NCOs, resulting in the delivery of ordinary shares to a participant under the LTIP (off-market dealing) |
| DEALING DATE | |
| (VESTING AND EXERCISE) | 24 May 2026 |
| SETTLEMENT DATE | 25 May 2026 |
| NUMBER OF NCOs VESTED | 53 735 |
| TOTAL VALUE OF NCOs VESTED | R2 466 091.95, based on a deemed value of R45.89 per NCO |
| NUMBER OF ORDINARY SHARES RECEIVED (POST-TAX NET EQUITY SETTLEMENT) | 29 554 |
| NATURE AND EXTENT OF INTEREST IN THE DEALING | Direct, beneficial |
Clearance for the above was obtained in terms of the JSE Listings Requirements.
Paarl
25 May 2026
Sponsor
PSG Capital
PSG CAPITAL