TORRE INDUSTRIES LIMITED - Share dealing by a director and an associate of a director of a subsidiary

Share dealing by a director and an associate of a director of a subsidiary

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre” or “the Company”)

SHARE DEALING BY A DIRECTOR OF TORRE AND AN ASSOCIATE OF A
DIRECTOR OF A SUBSIDIARY

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by a
director of Torre as well as an associate of a director of a
subsidiary of Torre are disclosed below:

COMPANY                          :   Torre Industries Limited
NAME OF DIRECTOR                 :   Roy Midlane
STATUS OF DIRECTOR               :   CFO of Torre
TYPE AND CLASS OF SECURITIES     :   Ordinary Shares
NATURE OF TRANSACTION            :   On-market purchase
NATURE AND EXTENT OF
DIRECTOR’S INTEREST IN THE
TRANSACTION                      :   Direct Beneficial
DATE OF TRADE                    :   23 September 2014
PRICE PER SHARE                  :   R3.00
TOTAL NUMBER OF SECURITIES
TRANSACTED                       :   40 000
TOTAL RAND VALUE OF SECURITIES   :   R120 000
CONFIRMATION THAT CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                   :   Yes

COMPANY                          :   Torre Industries Limited
NAME OF DIRECTOR                 :   Stephen Smithyman
NAME OF ASSOCIATE                    Kanthu Nkhama Capital
                                     (Pty) Ltd
STATUS OF DIRECTOR               :   Managing Director of major
                                     subsidiary of Torre, Kanu
                                     Equipment
TYPE AND CLASS OF SECURITIES     :   Ordinary Shares
NATURE OF TRANSACTION            :   On-market purchase
NATURE AND EXTENT OF
DIRECTOR’S INTEREST IN THE
TRANSACTION                      :   Indirect Beneficial
DATE OF TRADE                    :   22 September 2014
PRICE PER SHARE                  :   R3.00
TOTAL NUMBER OF SECURITIES
TRANSACTED                       :   450 000
TOTAL RAND VALUE OF SECURITIES   :   R1 350 000
CONFIRMATION THAT CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                  :   Yes

Johannesburg
25 September 2014

Corporate Adviser and Designated Adviser to Torre
AfrAsia Corporate Finance (Pty) Ltd

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