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TRU - Truworths International Limited - Dealings in securities by an

Release Date: 15/03/2012 09:35
Code(s): TRU
Wrap Text

TRU - Truworths International Limited - Dealings in securities by an associate of a director TRUWORTHS INTERNATIONAL LIMITED (Incorporated in the Republic of South Africa) (Registration number 1944/017491/06) JSE Code: TRU: ISIN: ZAE000028296 ("the company") DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited, of the following transactions in respect of the company`s shares by an associate of a director of the company: Name of director : Michael Samuel Mark Executive director of : Truworths International Limited Name of associate : The MM Family Trust Relationship with director : Family trust of which the director is a discretionary beneficiary
Extent and interest : 100% indirect and beneficial interest Trades carried out : On market Class of shares : Ordinary Prescribed clearance given : Yes Nature of transaction : The sale of the company`s shares (held by the associate of the director in terms of the company`s share incentive scheme) for the purposes of rebalancing the investment portfolio of such associate, as follows: Date of transaction : 13 March 2012 Selling price per share : R 80.0652 (vwap) (highest: R 80.18; lowest R 80.00) Number of shares : 200 000 Total value : R 16 013 040 Date of transaction : 14 March 2012 Selling price per share : R 81.0577 (vwap) (highest: R 81.69; lowest R 80.45) Number of shares : 200 000 Total value : R 16 211 540 15 March 2012 Sponsor: One Capital Date: 15/03/2012 09:35:20 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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