• CA Sales Holdings Limited has issued 1,632,904 new shares to settle options exercised by participants of the CA Sales Holdings Share Incentive Trust.
• The issuance of additional shares increases CA Sales Holdings’ total issued share capital to 474,970,082 ordinary shares of no par value.
• The company’s move highlights its commitment to employee participation, aligning their interests with the company’s growth and success.

CA Sales Holdings Limited (JSE: CAA) has announced the issuance of 1,632,904 new no par value ordinary shares. These shares were issued to settle options exercised by participants of the CA Sales Holdings Share Incentive Trust on May 12, 2023. The company’s Board of Directors made the official announcement on May 25, 2023.

The move highlights CA Sales Holdings’ commitment to encouraging employee participation and rewarding performance through stock options. By issuing additional shares to participants who exercised their options, the company aims to align their interests with the company’s growth and success.

The recent exercise of options by participants of the CA Sales Holdings Share Incentive Trust demonstrates their confidence in the company’s future prospects. This reaffirms CA Sales Holdings’ position as a reliable employer and underscores its dedication to fostering a culture of employee ownership.

Following the issuance of the new shares, CA Sales Holdings’ total issued share capital now stands at 474,970,082 ordinary shares of no par value. This reinforces the company’s strong equity structure and reflects its focus on shareholder value creation.