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AH-VEST LIMITED - Director's Dealing in Securities

Release Date: 24/07/2013 07:35
Code(s): AHL     PDF:  
Wrap Text
Director's Dealing in Securities

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
Share code: AHL      ISIN code: ZAE000129177
(“AH-Vest” or “the Company”)


DIRECTOR’S DEALINGS IN SECURITIES


Following the conclusion of the previously announced settlement agreement with the National
Empowerment Fund (“NEF”) and in accordance with paragraph 3.63 of the JSE Listings
Requirements, the following director’s dealing in securities is disclosed:

 Name of director:               M Pather
 Name of company:                AH-Vest Limited
 Nature of transaction:          Purchase of shares in terms of a settlement agreement
                                 concluded with the NEF
 Date of transaction:            Settlement agreement signed on 15 July 2013. Transfer of
                                 shares to the director or his nominated transferee expected to
                                 take place in April 2014
 Class of securities:            Ordinary shares
 Number of securities:           7 860 473
 Settlement price:               38.166 cents per share
 Total value of transaction:     R3 000 000
 Nature of interest:             Direct beneficial
 Extent of interest:             7.71%
 Nature of trade:                Off-market
 Clearance obtained:             Clearance to deal was not obtained as a settlement agreement
                                 with the NEF was reached at the commencement of arbitration
                                 proceedings.

Johannesburg
23 July 2013


Designated Advisors
Arcay Moela Sponsors (Pty) Ltd

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