Dealing in securities by directors (and their associates) of Peregrine and its subsidiaries
PEREGRINE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/006026/06)
JSE code: PGR ISIN code: ZAE000078127
(“Peregrine” or “the company”)
DEALING IN SECURITIES BY DIRECTORS (AND THEIR ASSOCIATES) OF PEREGRINE AND ITS
SUBSIDIARIES
Shareholders are advised of the following information relating to –
i. the sale by an associate of a director of Peregrine to the Citadel Employee Share Incentive Scheme (of
which trust two Peregrine directors, Sean Melnick and Mandy Yachad are the trustees) which share trust
has purchased such shares in order to incentivise executives and employees within the Citadel group in
terms of the Citadel Long Term Incentive Scheme and the allocation of certain of such shares to directors
of the Citadel group, which shares will only vest on 31 March 2018; and
ii. other dealings in shares by associates of directors of Peregrine and its subsidiaries
Name of associate: PGR2 Investments Proprietary Limited
Name of and relationship to director: Sean Alan Melnick, a director of PGR2 Investments Proprietary
Limited and a trustee and beneficiary of the Stellenberg Trust, which
owns 100% of PGR 2 Investments Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 10 000 000
Price per security: R10.65
Total value: R106 500 000.00
Nature of transaction: Off-market sale to the Citadel Share Incentive Trust
Name of associate: Citadel Employee Share Incentive Scheme
Name of and relationship to director: Sean Alan Melnick and Mandy Yachad both of whom are trustees of
the Citadel Employee Share Incentive Scheme
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 10 000 000
Price per security: R10.65
Total value: R106 500 000.00
Nature of transaction: Off-market purchase
Name of director: Andrew Pierre Moller
Name of subsidiary: Citadel Holdings Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 400 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Petrus Arnoldus Swart
Name of subsidiary: Citadel Holdings Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 400 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Barend Mattheus Griesel
Name of subsidiary: Citadel Investment Services Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 400 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Andries Willem du Toit
Name of subsidiary: Citadel Investment Services Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 400 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Andrew Ian Finlayson
Name of subsidiary: Citadel Investment Services Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 200 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Marina Knox
Name of subsidiary: Citadel Investment Services Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 200 000
Nature of transaction: Allocation of shares in terms of the Citadel Long Term Incentive
Scheme which shares will only vest, subject to the fulfilment of
certain conditions, on 31 March 2018
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of associate: PGR2 Investments Proprietary Limited
Name of director: Sean Alan Melnick, a director of PGR2 Investments Proprietary
Limited and a trustee and beneficiary of the Stellenberg Trust, which
owns 100% of PGR 2 Investments Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 3 000 000
Nature of transaction: Purchase of call options (at a strike price of R14.12) and sale of put
options (at a strike price of R9.00) in respect of 3 000 000 Peregrine
shares in 15 equal tranches of 200 000 each, with weekly expiry dates
from 10 October 2013 to 16 January 2014, previously written in
terms of the zero cost collar hedge announced on SENS on 30
November 2011
Name of associate: PGR2 Investments Proprietary Limited
Name of director: Sean Alan Melnick, a director of PGR2 Investments Proprietary
Limited and a trustee and beneficiary of the Stellenberg Trust, which
owns 100% of PGR 2 Investments Proprietary Limited
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 3 000 000
Nature of transaction: Zero cost collar hedge over 3 000 000 Peregrine shares in 15 equal
tranches of 200 000 each with, in each case, a put strike price of
R10.90 and a call strike price of R18.77 and with weekly expiry dates
from 31 July 2015 to 6 November 2015
Name of associate: Hampden Capital Proprietary Limited
Name of and relationship to director: Warren Hampden Chapman, a director of Peregrine Securities
Proprietary Limited and Hampden Capital Proprietary Limited and a
Transaction date: trustee and beneficiary of the San Michelle Trust, which owns 100%
of Hampden Capital Proprietary Limited
16 September 2013
Class of securities: Ordinary shares
Number of securities: 100 000
Price per security: R12.20
Total value: R1 220 000.00
Nature of transaction: On market purchase
Name of associate: Angela Frances Chapman
Name of director: Warren Hampden Chapman
Name of subsidiary: Peregrine Securities Proprietary Limited
Relationship of associate to director: Wife
Transaction date: 16 September 2013
Class of securities: Ordinary shares
Number of securities: 35 000
Price per security: R12.20
Total value: R427 000.00
Nature of transaction: On market purchase
Name of associate: The Violet Trust
Name of director: Pauline Goetsch, a trustee and beneficiary of the Violet Trust
Transaction date: 18 September 2013
Class of securities: Ordinary shares
Number of securities: 500 000
Price per security: R12.20
Total value: R6 100 000.00
Nature of transaction: On market sale
18 September 2013
Sponsor
Java Capital
Date: 18/09/2013 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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