VILLAGE MAIN REEF LIMITED - Notification in terms of Section 122 of the Companies Act, No 71 of 2008 and clarification of directors' dealings

Notification in terms of Section 122 of the Companies Act, No 71 of 2008 and clarification of directors' dealings

Village Main Reef Limited
(Incorporated in the Republic of South Africa)
(Registration number 1934/005703/06)
JSE code: VIL ISIN: ZAE000154761
("Village" or "the Company")

Notification in terms of Section 122 of the Companies Act, No 71 of 2008 and clarification of
directors’ dealings

In accordance with section 122(3) (b) of the Companies Act, No 71 of 2008 and section 3.83(b) of the
JSE Limited`s Listings Requirements (“LR’s”), shareholders are hereby advised that the Company
has received formal notification of the following movement in securities of the Company:

SBG Securities (Pty) Ltd (“Standard Bank”) has acquired a beneficial interest in securities of the
Company. The total of Standard Bank’s beneficial interests in the securities of Village is now 10.09%.

Further to the announcement published on SENS on 17 April 2015 please note the following
clarification statement in compliance with paragraphs 3.63 to 3.74 (both inclusive) of the LR’s:

 Name of director/s                                 Mr C Halsey & Mr B Swanepoel through their shareholding in
                                                    To The Point Growth Specialists Investments 4 (Pty) Ltd (“TTP”)
 Company                                            Village
 Date of the transactions                           14 April 2015
 Nature of transaction                              Sale of shares
 Class of securities                                Ordinary
 Number of shares                                   2,368
 Price per share                                    R11.85
 Total value of transactions                        R28,060.80
 Nature and extent of interest in the transaction   Indirect Beneficial
 Clearance to deal obtained                         Yes

 Name of director/s                                 Mr C Halsey & Mr B Swanepoel through their shareholding in
                                                    To The Point Growth Specialists Investments 4 (Pty) Ltd (“TTP”)
 Company                                            Village
 Date of the transactions                           15 April 2015
 Nature of transaction                              Sale of shares
 Class of securities                                Ordinary
 Number of shares                                   11,873
 Price per share                                    R11.85
 Total value of transactions                        R140,695.05
 Nature and extent of interest in the transaction   Indirect Beneficial
 Clearance to deal obtained                         Yes

 Name of director/s                                 Mr C Halsey & Mr B Swanepoel through their shareholding in
                                                    To The Point Growth Specialists Investments 4 (Pty) Ltd (“TTP”)
 Company                                            Village
 Date of the transactions                           16 April 2015
 Nature of transaction                              Sale of shares
 Class of securities                                Ordinary
 Number of shares                                   117,253
 Price per share                                    R11.85
 Total value of transactions                        R1,389,448.05
 Nature and extent of interest in the transaction   Indirect Beneficial
 Clearance to deal obtained                         Yes

Mr B Swanepoel owns 80% of TTP and Mr C Halsey owns 20% of TTP.

The above trades were completed outside of a closed period.

Johannesburg
24 April 2015

Sponsor:
Bravura Capital (Pty) Ltd

Date: 24/04/2015 09:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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