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REM - Remgro Limited - Dealings in securities by a director

Release Date: 27/10/2011 10:29
Code(s): REM
Wrap Text

REM - Remgro Limited - Dealings in securities by a director Remgro Limited (Incorporated in the Republic of South Africa) (Registration number 1968/006415/06) (ISIN: ZAE000026480) (Share code: REM) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Name of Director : J J Durand Company : Remgro Limited
Nature of transaction : Off market exercise of share appreciation rights (SARs) Date of exercise of SARs : 26 October 2011 offered in the past Number of SARS exercised & offer : 8 442 @ R90.52 prices 7 573 @ R83.65 427 047 @ R38.90 Exercise price : R117.75 Total growth value of exercise : R34 160 770.91 Number of shares received in : 290 115 respect of SARs exercised Class of securities : SARs in respect of ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes Stellenbosch 27 October 2011 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 27/10/2011 10:29:01 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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