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REM - Remgro Limited - Dealing in securities by a director

Release Date: 29/03/2011 12:24
Code(s): REM
Wrap Text

REM - Remgro Limited - Dealing in securities by a director Remgro Limited (Incorporated in the Republic of South Africa) (Registration number 1968/006415/06) (ISIN: ZAE000026480) (Share code: REM) DEALING IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Name of Director : W E Buhrmann Company : Remgro Limited Date of exercise of share appreciation rights offered in the past : 28 March 2011 Number of share appreciation rights exercised : 83 073 Offer price : R71-71 per share Exercise price : R108-53 per share Total growth value of exercise : R3 058 747-86 Number of shares received in respect of appreciation rights exercised : 28 184 Date of sale of shares: : 28 March 2011 Number of shares sold : 28 184 Sale price : R108.8801 per share Total value of shares sold : R3 068 676.74 Class of security : Ordinary shares Nature of transactions : Off market exercise of share appreciation rights, as well as the subsequent sale of shares on market Nature of interest : Direct beneficial Clearance obtained : Yes Stellenbosch 29 March 2011 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 29/03/2011 12:24:25 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.

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