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

Share dealing by an associate of a director of a major 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 AN ASSOCIATE OF A DIRECTOR OF A MAJOR
SUBSIDIARY


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 Torre Parts and Components (Pty)
Ltd, a major wholly-owned subsidiary of Torre, is disclosed
below:

COMPANY                         :   Torre Industries Limited
NAME OF DIRECTOR                :   Frans Lombard
NAME OF ASSOCIATE                   Die Lombard Familie Trust
DESIGNATION OF DIRECTOR         :   Financial    Director    of
                                    Torre Parts and Components
                                    (Pty) Ltd
TYPE AND CLASS OF SECURITIES    :   Ordinary shares
NATURE OF TRANSACTION           :   On-market    purchase    of
                                    ordinary shares
NATURE AND EXTENT OF
DIRECTOR’S INTEREST IN THE
TRANSACTION                     :   Indirect, beneficial
DATE OF TRANSACTION             :   5 April 2016
PURCHASE PRICE PER SHARE        :   R 2.95
TOTAL NUMBER OF SHARES
PURCHASED                       :   40 000

TOTAL RAND VALUE OF             :   R 118 000
TRANSACTION
VOLUNTARY CLEARANCE OBTAINED    :   Yes




Johannesburg
5 April 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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