HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Change in nature of directors holdings

Change in nature of directors’ holdings

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1973/007111/06)
Share code: HCI ISIN: ZAE000003257
(“HCI” or “the Company”)

CHANGE IN NATURE OF DIRECTORS’ HOLDINGS

Notice is given, in terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited’s
Listing Requirements, of the following transactions in respect of the Company’s shares by directors:

Name                                                JA Copelyn
Designation                                         Chief Executive Officer
Class of shares                                     Ordinary
Date of transaction                                 12 June 2017
Selling price                                       12 800 cps
Number of securities                                138 856
Total value of transaction                          R17 773 568
Nature of transactions                              Transfer of HCI shares held on a direct beneficial
                                                    basis by Mr Copelyn to an associate of him (Off
                                                    market transaction)
Extent of director’s interest                       The transfer results in a change of interest from direct
                                                    beneficial to indirect beneficial

Name                                                JA Copelyn
Designation                                         Chief Executive Officer
Class of shares                                     Ordinary
Date of transaction                                 12 June 2017
Selling price                                       12 800 cps
Number of securities                                169 715
Total value of transaction                          R21 723 520
Nature of transactions                              Transfer of HCI shares held on a direct beneficial
                                                    basis by Mr Copelyn to a subsidiary of a family trust
                                                    which is not an associate (Off market transaction)
Extent of director’s interest                       The director’s interest was previously classified as
                                                    direct beneficial

Name                                                TG Govender
Designation                                         Financial director
Class of shares                                     Ordinary
Date of transaction                                 12 June 2017
Average selling price                               12 900 cps
Highest price                                       13 341 cps
Lowest price                                        12 800 cps
Number of securities                                94 584
Total value of transaction                          R12 201 107.81
Nature of transactions                              Transfer of HCI shares held on a direct beneficial
                                                    basis by Mr Govender to an associate of him (Off
                                                    market transaction)
Extent of director’s interest                       The transfer results in a change of interest from direct
                                                    beneficial to interest held by an associate

Clearance has been given in terms of paragraph 3.66.

Cape Town
14 June 2017
Sponsor: Investec Bank Limited

Date: 14/06/2017 01:55:00 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.