SASFIN HOLDINGS LIMITED - Dealings by associates of directors and notice of change on interest in shareholding

Dealings by associates of directors and notice of change on interest in shareholding

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
Preference Share Code: SFNP       ISIN Number: ZAE000060273
(“Sasfin” or “the Company”)

SALE AND ACQUISITION OF SECURITIES BY ASSOCIATES OF DIRECTORS AND
DISCLOSURE OF A DISPOSAL OF SECURITIES IN TERMS OF SECTION 122 OF THE
COMPANIES ACT

1.      Sale and acquisition of securities by associates

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
Company hereby discloses the following sale and acquisition of securities by associates of
directors:

Names of directors:                         Mr RDEB Sassoon (Chief Executive Officer)
                                            Mr MEE Sassoon (Executive Director)
Name of company:                            Sasfin Holdings Limited
Names of associates and relationship        -   Unitas Enterprises Limited (“Unitas”), a wholly
with directors:                                 owned company of The Erwin Discretionary
                                                Settlement Trust of which each of Mr RDEB
                                                Sassoon and Mr MEE Sassoon are discretionary
                                                beneficiaries; and
                                            -   Rolbase     Investments   Proprietary Limited
                                                (“Rolbase”), a wholly owned company of The
                                                Sassoon Children’s Trust of which Mr RDEB
                                                Sassoon is a trustee and a discretionary
                                                beneficiary and Mr MEE Sassoon is a
                                                discretionary beneficiary
Date of transactions:                       18 October 2017
Nature of transactions:                     An off-market disposal of Sasfin ordinary shares by
                                            Unitas to Rolbase
Class of securities:                        Ordinary shares
Number of ordinary shares:                  775 852 ordinary shares
Disposal/acquisition price per ordinary     R51.90
share:
Value of the ordinary shares                R40 266 718.80
sold/acquired:
Nature of interest of the respective        An indirect discretionary interest
directors:
Clearance obtained:                         Not applicable as each of the acquisition and
                                            disposal was effected by an associate of the directors

2.      Disclosure of a disposal of securities in terms of section 122 of the Companies Act

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended and
section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised
that the Company has received formal notification in the prescribed form that Unitas
Enterprises Limited has disposed of an interest in the securities of the Company (“Disposal”).
Following the Disposal, the total direct interest in the securities of the Company held by
Unitas has decreased from 41.1% to 38.7% of the total issued share capital of the Company
and the direct interest in the securities held by Rolbase has increased from 7.3% to 9.7% of
the total issued share capital of the Company.




Johannesburg
24 October 2017

Lead Sponsor to Sasfin
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor to Sasfin
Deloitte & Touche Sponsor Services (Pty) Ltd

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