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AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealings in securities by a director of a related company

Release Date: 27/06/2023 17:00
Code(s): AIL     PDF:  
Wrap Text
Dealings in securities by a director of a related company

 African Rainbow Capital Investments Limited
 (Incorporated in the Republic of Mauritius)
 (Registration number C148430)
 JSE and A2X share code: AIL
 ISIN code: MU0553S00000 LEI: 378900F086B090C6FB94
 (“ARC Investments”)



DEALINGS IN SECURITIES BY A DIRECTOR OF A RELATED COMPANY

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, shareholders of ARC Investments are
advised of the following dealings in ARC Investments securities by a director of a related company:

       Name of director:                            Patrice Tlhopane Motsepe
       Office held:                                 Chairman and director of UBI General Partner Limited
                                                    Board
       Name of related company:                     UBI General Partner Proprietary Limited, the general
                                                    partner of the ARC Fund*
       Date of transaction:                         27 June 2023
       Nature of transaction:                       Off-market sale and purchase of ordinary shares
       Name of Seller of the securities:            ARC Fund, represented by its general partner, UBI General
                                                    Partner Proprietary Limited (“Seller”)
       Relationship to director:                    PT Motsepe is a director of UBI General Partners Proprietary
                                                    Limited, which is the general partner of the Seller
       Name of Purchaser of the securities:         Sizanani-Thusanang-Helpmekaar Investments Proprietary
                                                    Limited (“Purchaser”)
       Relationship to director:                    PT Motsepe is the sole director of the Purchaser
       Number of securities:                        29 411 765 ordinary no par value shares
       Class of securities:                         ARC Investments ordinary shares
       Purchase price:                              ZAR6.80 per share
       Total value of the transaction:              ZAR200 000 002-00
       Clearance obtained:                          Yes
       Nature of interest:                          Indirect beneficial




*ARC Investments is a Limited Partner in the ARC Fund, an en-commandite partnership. Full details of the
structure were disclosed in the Pre-Listing Statement published on 28 August 2017.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
27 June 2023

Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

Date: 27-06-2023 05:00:00
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