ADCORP HOLDINGS LIMITED - Dealings by the Adcorp long-term incentive (LTI) plan

What this filing means

Adcorp's mandated third-party brokerage bought 10 731 ordinary shares on-market at 650 cents each to settle forfeitable share awards made to participants under the company's long-term incentive plan — 300 shares on 5 November 2026 (R1 950.00) and 10 431 shares on 10 November 2026 (R67 801.50). It is the standard paragraph 6.90 notification of dealings by the LTI plan, the same shape as the plan's earlier notices this year, and it carries no earnings, dividend or balance-sheet information.

Adcorp's long-term incentive plan needed shares to settle forfeitable share awards already made to participants, so a brokerage mandated by Adcorp bought them on-market at 650 cents each — 300 shares on 5 November and 10 431 on 10 November. That is housekeeping inside an existing pay plan, not a view on the business. The filing provides no earnings, dividend or balance-sheet forecast, although it reports total purchase values of R1,950.00 and R67,801.50; the issuer-level cash-flow effect is not stated, and it does not name which participants received the shares.