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LIBERTY TWO DEGREES LIMITED - Dealings in Securities by the Restricted Share Trust

Release Date: 09/03/2021 07:05
Code(s): L2D     PDF:  
Wrap Text
Dealings in Securities by the Restricted Share Trust

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“L2D” or “the Company”)

DEALINGS IN SECURITIES BY THE RESTRICTED SHARE PLAN TRUST (”RSP”)

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:


1.    FORFEITURE OF RESTRICTED SHARES PREVIOUSLY AWARDED


Date of forfeiture                               1 March 2021
Number of securities                             474 949 ordinary shares
Nature of transaction                            Off-market forfeiture of securities in the terms of the
                                                 RSP
Notional value per share *                       R4.78
Total notional value                             R2 270 256.22
Nature of interest                               Indirect beneficial


2.    ACQUISITION OF SECURITIES FOR ALLOCATION TO PARTICIPANTS

Date of transaction                              1 March 2021
Number of securities                             474 949 ordinary shares
Nature of transaction                            Off-market allocation of forfeited securities to fulfil
                                                 the obligations of the RSP
Price per share *                                R4.78
Total value of transaction                       R2 270 256.22
Nature and extent of interest                    Indirect beneficial

Date of transaction                              4 March 2021
Number of securities                             3 200 000
Nature of transaction                            On-market purchase of securities to fulfil the
                                                 obligations of the RSP
Price per share                                  R4.9349
Total value of transaction                       R15 791 680.00
Nature and extent of interest                    Indirect beneficial

Date of transaction                              8 March 2021
Number of securities                             88 063 ordinary shares
Nature of transaction                            On-market purchase of securities to fulfil the
                                                 obligations of the RSP
Price per share                                  R4.9354
Total value of transaction                       R434 626.13
Nature and extent of interest                    Indirect beneficial


Clearance to trade was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

* The price per share is the closing price of the L2D ordinary share on Friday, 26 February 2021.

Johannesburg
9 March 2021


Sponsor:
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 09-03-2021 07:05:00
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