Underwriters’ and directors’ results of the rights offer and dealings in securities by directors and associates
Imbalie Beauty Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: ILE
ISIN: ZAE000165239
("Imbalie Beauty” or “the Company")
UNDERWRITERS’ AND DIRECTORS’ RESULTS OF THE RIGHTS OFFER AND
DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS
Shareholders are advised that, pursuant to the Imbalie Beauty
rights offer, which closed on Friday, 23 February 2018, the
underwriters, namely Holistics Remedies (Pty) Limited and SA Madiba
Investments (Pty) Limited, have taken up their rights in terms of
their underwriting commitment and have thus fulfilled their
underwriting commitment.
Holistics Remedies (Pty) Limited on-sold 176 500 000 of its rights
offer shares off market to directors of Imbalie Beauty as reported
below.
Shareholders are advised that a director of Imbalie Beauty has
elected to follow her rights and have accordingly, in compliance
with paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, the following is disclosed:
Name of Director Deborah Lovella Wolfendale
Company Imbalie Beauty Limited
Acquisition pursuant to the
Nature of transaction
Imbalie Beauty Rights Offer
Class of securities Ordinary shares
Extent of director’s interest Direct beneficial
Clearance to deal obtained Yes
Date of transaction 23 February 2018
Number of securities 5 914 461
Price per security 2 cents per ordinary share
Total value R118 289.22
Shareholders are further advised that, in compliance with
paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, that as part of his underwriting commitment, a
director of Imbalie Beauty has acquired shares, the following is
disclosed:
Name of Director Wessel Petrus van der Merwe
Company Imbalie Beauty Limited
SA Madiba Investments (Pty)
Name of associate
Limited
Wessel van der Merwe is the sole
Relationship of associate to
director and shareholder of SA
director
Madiba Investments (Pty) Limited
Acquisition pursuant to the
Nature of transaction
Imbalie Beauty Rights Offer
Class of securities Ordinary shares
Extent of director’s interest Indirect beneficial
Clearance to deal obtained Yes
Date of transaction 23 February 2018
Number of securities 150 000 000
Price per security 2 cents per ordinary share
Total value R3 000 000.00
Shareholders are further advised that, in compliance with
paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, the following directors’ dealings are disclosed:
Name of Director Esna Colyn
Company Imbalie Beauty Limited
Off market acquisition of Imbalie
Nature of transaction
Beauty shares
Class of securities Ordinary shares
Extent of director’s interest Direct beneficial
Clearance to deal obtained Yes
Date of transaction 28 February 2018
Number of securities 4 000 000
Price per security 2 cents per ordinary share
Total value R80 000.00
Name of Director Gary David Harlow
Company Imbalie Beauty Limited
Name of associate Unihold Group (Pty) Limited
Gary Harlow is a director of
Relationship of associate to
Unihold Group (Pty) Limited and
director
the ultimate shareholder
Off market acquisition of Imbalie
Nature of transaction
Beauty shares
Class of securities Ordinary shares
Extent of director’s interest Indirect beneficial
Clearance to deal obtained Yes
Date of transaction 28 February 2018
Number of securities 62 500 000
Price per security 2 cents per ordinary share
Total value R1 250 000.00
Name of Director Bhekisisa James Themba Shongwe
Company Imbalie Beauty Limited
Off market acquisition of Imbalie
Nature of transaction
Beauty shares
Class of securities Ordinary shares
Extent of director’s interest Direct beneficial
Clearance to deal obtained Yes
Date of transaction 28 February 2018
Number of securities 10 000 000
Price per security 2 cents per ordinary share
Total value R200 000.00
Name of Director Brent Gerard Kairuz
Company Imbalie Beauty Limited
Name of associate BGK Family Trust
Relationship of associate to Brent Kairuz is a trustee of the
director BGK Family Trust
Off market acquisition of Imbalie
Nature of transaction
Beauty shares
Class of securities Ordinary shares
Extent of director’s interest Indirect beneficial
Clearance to deal obtained Yes
Date of transaction 28 February 2018
Number of securities 100 000 000
Price per security 2 cents per ordinary share
Total value R2 000 000.00
1 March 2018
Woodmead
Designated Advisor
Exchange Sponsors
Date: 01/03/2018 04:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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