BSI STEEL LIMITED - Dealings in Securities by Associates of Directors

Dealings in Securities by Associates of Directors

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(“BSI” or "the Company")


DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
Company hereby discloses the following dealings in securities by associates of directors:

Name of director:                                Mr Craig Parry

Designation of director:                         Executive Director of BSI

Name of associate and relationship with          Craig Parry Family Trust of which Mr C Parry is a
director:                                        trustee and a beneficiary

Date of transaction:                             24 November 2016

Nature of transaction:                           Sale of BSI securities to Battershill Investments
                                                 (Pty) Ltd
                                                 (On-market transaction)

Nature of interest:                              Indirectly beneficial

Class of securities:                             Ordinary shares

Number of securities:                            4 572 703

Price per security:                              R0.4373

Value of transaction:                            R1 999 643.02

Clearance obtained:                              Not applicable




Name of director:                                Mr William Battershill

Designation of director:                         Chairman of BSI

Name of associate and relationship with          Battershill Investments (Pty) Ltd – of which Mr
director:                                        Battershill is a director, the shares of which are
                                                 held by the Longfellow Trust – 50% (of which Mr
                                                 Battershill is a trustee and beneficiary) and by the
                                                 Denbigh Trust – 50% (of which Mr Battershill is a
                                                 trustee and beneficiary)

Date of transaction:                             24 November 2016

Nature of transaction:                           Purchase of BSI securities from the Craig Parry
                                                 Family Trust
                                                 (on-market transaction)

Class of securities:                             Ordinary shares

Number of securities:                            4 572 703

Price per security:                              R0.4373

Value of transaction:                            R1 999 643.02

Nature of interest:                              Indirect beneficial

Clearance obtained:                              Not applicable


Johannesburg
25 November 2016

Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 25/11/2016 03:45:00 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.