Directors Dealings

Insimbi Refractory and Alloy Supplies Limited 

(Incorporated in the Republic of South Africa) 

(Registration number: 2002/029821/06) 

Share code: ISB ISIN: ZAE000116828 

(Insimbi or the Company) 

 

DEALINGS IN SECURITIES BY DIRECTORS 

 


We refer to the original SENS announcement released on 5 February 2009 whereby the 4 executive 
directors and non-executive Chairperson of Insimbi facilitated the sale of 15 million ordinary shares, in their 
personal capacities to a BBBEE SPV subsequently called TP Hentiq 6064 (Pty) Limited on a deferred 
payment arrangement. A certain portion of these shares remain unpaid for and after mutual agreement 
between the parties involved, it has been concluded that the unpaid shares will be transferred back to the 
original sellers being the 4 executive directors and the non executive chairman at the original transfer price 
of 80 cent per share. This transfer will reduce the shareholding of TP Hentiq 6064 (Pty) Ltd to 2.64% and 
increase the shareholding of the four executive directors and non-executive Chairperson as detailed below. 

 


In compliance with paragraphs 3.63  3.74 of the Listings Requirements of the JSE Limited, the following 
information is disclosed: 

 

Name of director: Colin Botha 

Date of transaction: 4 July 2012 

Price per share: 80 cents 

Number of shares: 625 000 

Total value: R500 000 

Class of securities: Ordinary shares 


Nature of transaction: Transfer of shares (Off market transaction) 

Extent of interest: Direct beneficial 


Shareholding after transaction: 45 047 000 shares  17.33% 

Clearance was given 

 

Name of director: Fred Botha 

Date of transaction: 4 July 2012 

Price per share: 80 cents 

Number of shares: 625 000 

Total value: R500 000 

Class of securities: Ordinary shares 


Nature of transaction: Transfer of shares (Off market transaction) 

Extent of interest: Direct beneficial 


Shareholding after transaction: 45 133 300 shares  17.36% 


Clearance was given 

 

Name of director: Pieter Schutte 

Date of transaction: 4 July 2012 

Price per share: 80 cents 

Number of shares: 625 000 

Total value: R500 000 

Class of securities: Ordinary shares 


Nature of transaction: Transfer of shares (Off market transaction) 

Extent of interest: Direct beneficial 


Shareholding after transaction: 45 197 000 shares  17.38% 

Clearance was given 

 

Name of director: Eddie Liechti 

Date of transaction: 4 July 2012 

Price per share: 80 cents 

Number of shares: 625 000 

Total value: R500 000 

Class of securities: Ordinary shares 


Nature of transaction: Transfer of shares (Off market transaction) 

Extent of interest: Direct beneficial 


Shareholding after transaction: 45 047 000 shares  17.33% 

Clearance was given 

 

Name of director: Danny OConnor 

Date of transaction: 4 July 2012 

Price per share: 80 cents 

Number of shares: 4 375 000 

Total value: R3 500 000 

Class of securities: Ordinary shares 


Nature of transaction: Transfer of shares (Off market transaction) 

Extent of interest: Direct beneficial 


Shareholding after transaction: 4 375 000 shares  1.68% 

Clearance was given 

 

4 July 2012 

Johannesburg 

Sponsor: Bridge Capital Advisors (Pty) Limited 

 




Date: 04/07/2012 03:00:00 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.