Dealing in securities by an associate of a director and disposal of securities in terms of s122 of the Companies Act
STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP ISIN: ZAE000198586
("Stellar Capital" or the "Company”)
DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR AND
DISCLOSURE OF DISPOSAL OF SECURITIES IN TERMS OF SECTION 122
OF THE COMPANIES ACT
In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealing by an
associate of a director of Stellar Capital is disclosed:
COMPANY : Stellar Capital Partners
Limited
NAME OF DIRECTOR : Mr Marco Wentzel
DESIGNATION OF DIRECTOR : Non-executive
NAME OF ASSOCIATE : Metcap 14 Proprietary
Limited which is
ultimately controlled by a
trust of which Mr
Wentzel’s wife, Ms Clare
Wiese Wentzel, is a
trustee and beneficiary
TYPE AND CLASS OF SECURITIES : Ordinary shares
NATURE OF TRANSACTION : On-market purchase of
securities
NATURE AND EXTENT OF : Dealing by an associate of
DIRECTOR’S INTEREST IN THE a director.
TRANSACTION
DATE OF TRADE : 13 October 2017
PRICE PER SHARE : R0.70
NUMBER OF SHARES : 23 788 380
TRANSACTION VALUE : R16 651 866
CLEARANCE OBTAINED : Not applicable
The following dealing is voluntarily disclosed:
COMPANY : Stellar Capital Partners
Limited
NAME OF DIRECTOR : Mr Marco Wentzel
DESIGNATION OF DIRECTOR : Non-executive
NAME OF TRANSACTING PARTY : Cream Magenta 140
Proprietary Limited which
is ultimately controlled
by Christina Wiese, sister
of Clare Wiese Wentzel
TYPE AND CLASS OF SECURITIES : Ordinary shares
NATURE OF TRANSACTION : On-market purchase of
securities
DATE OF TRADE : 13 October 2017
PRICE PER SHARE : R0.70
NUMBER OF SHARES : 23 788 381
TRANSACTION VALUE : R16 651 867
In accordance with section 122(3)(b) of the Companies Act, No.
71 of 2008, as amended (“the Act”), and paragraph 3.83(b) of
the Listings Requirements of the JSE Limited, shareholders are
also hereby advised that the Company has received formal
notification in the prescribed form of the following movement
in the securities of the Company:
Investec Limited has disposed of 47 576 761 Stellar Capital
shares resulting in a decrease of its interest in the ordinary
issued securities of the Company from 9.2576% to 4.8320%.
As required in terms of section 122(3)(a) of the Act, the
Company has filed the required notice with the Takeover
Regulation Panel.
Cape Town
18 October 2017
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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