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ABL/ABLP - African Bank Investments - Dealings in Securities by a Director

Release Date: 17/09/2009 17:49
Code(s): ABL ABLP
Wrap Text

ABL/ABLP - African Bank Investments - Dealings in Securities by a Director AFRICAN BANK INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registered bank controlling company) (Registration number 1946/021193/06) (Ordinary share code: ABL) (ISIN: ZAE000030060) (Preference share code: ABLP) (ISIN: ZAE000065215) ("ABIL") DEALINGS IN SECURITIES BY A DIRECTOR In terms of the Listing Requirements of the JSE Limited, the following transaction is hereby disclosed. Director : Nithia Nalliah Company : ABIL Nature of transaction : Sale of ABLSTE share installments Class of securities : Share installments Date of transaction : 16 September 2009 Number of securities : 33 914 ABLSTE share installments Sale price : 1 192 cents per installment Total value : R404 500,64 Nature of director`s : Indirect beneficial interest Clearance obtained : Yes Nithia has committed to applying the proceeds of this sale towards following his rights in terms of the Hlumisa rights offer (which forms part of ABIL`s Black Economic Empowerment programme). Midrand 17 September 2009 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 17/09/2009 17:49:02 Supplied by www.sharenet.co.za 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.