Dealing in AVI Shares by AVI Executive Director
Directors' dealingsNot material
In brief
On 5 November 2026, executive director Michael Koursaris accepted two share awards totaling 129,034 and 68,050 shares, and subsequently completed two on-market sales of 129,034 shares at R84.13 and 68,050 shares at R84.02.
The announcement
Dealing in AVI Shares by AVI Executive Director AVI Limited Registration Number: 1944/017201/06 Share Code: AVI ISIN: ZAE000049433 (“AVI” or “the Company”) DEALING IN AVI SHARES BY AVI EXECUTIVE DIRECTOR In compliance with Rules 6.77 – 6.80 of the Listings Requirements of the JSE Limited (“the JSE”), the following information is disclosed: Name of director : Michael Koursaris Name of company : AVI Date of transaction : 5 November 2026 Number of options granted : 129 034 Option allocation price : R74.00 Total value of transaction : R9 548 516.00 Class of securities : Ordinary shares Nature of transaction : Acceptance of shares awarded in terms of the AVI Limited Out- Performance Share Plan Extent of interest : Direct beneficial The above transaction was done off-market. Name of director : Michael Koursaris Name of company : AVI Date of transaction : 5 November 2026 Number of options granted : 129 034 Price per share : R84.13 Total value of transaction : R10 855 630.42 Class of securities : Ordinary shares Nature of transaction : Sale of share as accepted above Extent of interest : Direct beneficial The above transaction was done on-market. Name of director : Michael Koursaris Name of company : AVI Date of transaction : 5 November 2026 Number of options granted : 68 050 Option allocation price : R75.20 Total value of transaction : R5 117 360.00 Class of securities : Ordinary shares Nature of transaction : Acceptance of shares awarded in terms of the AVI Limited Deferred Bonus Share Plan Extent of interest : Direct beneficial The above transaction was done off-market. Name of director : Michael Koursaris Name of company : AVI Date of transaction : 5 November 2026 Number of options granted : 68 050 Price per share : R84.02 Total value of transaction : R5 717 561.00 Class of securities : Ordinary shares Nature of transaction : Sale of shares as accepted above Extent of interest : Direct beneficial The above transaction was done on-market. Clearance to deal in these shares was obtained in accordance with AVI’s policy with regard to director’s dealings as well as the Listings Requirements of the JSE. Illovo 6 November 2026 Sponsor The Standard Bank of South Africa Limited Date: 06/11/2026 11:06:00 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.