To view the PDF file, sign up for a MySharenet subscription.

CONDUIT CAPITAL LIMITED - Dealings, Pledge and Cession in Securities by a Director

Release Date: 20/11/2020 07:05
Code(s): CND     PDF:  
Wrap Text
Dealings, Pledge and Cession in Securities by a Director

CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND        ISIN: ZAE000073128


DEALINGS, PLEDGE AND CESSION IN SECURITIES BY A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


Name of director:                                       Mr Leo Chih Hao Chou

Company:                                                Conduit Capital Limited

Nature of the transaction:                              Increase in indirect beneficial interest on the number
                                                        of securities below, from 80% to 100% as a result of
                                                        an off-market transaction

Class of securities:                                    Ordinary shares

Extent of director’s interest:                          Indirect beneficial

Date of transaction:                                    13 November 2020

Clearance obtained:                                     Yes

Number of securities:                                   30 075 117

Deemed value of transaction:                            R5 413 521.06, based on the prevailing market price
                                                        per share of 18 cents

Nature of the transaction:                              Pledge and cession in securitatem of ordinary
                                                        shares as security for the financial obligation

Date of transaction:                                    13 November 2020

Number of securities pledged:                           30 075 117

Value of securities on transaction effective            R5 413 521.06
date:

Nature of financial obligation                          Asset backed facility

Value of the asset backed facility                      R6.25 million

Term                                                    Not Applicable


Johannesburg
20 November 2020

Sponsor
Merchantec Capital

Date: 20-11-2020 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story