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REMGRO LIMITED - Dealing In Securities By A Director

Release Date: 25/10/2012 11:00
Code(s): REM     PDF:  
Wrap Text
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:

Non-executive director         : Mr Joshua Malherbe
Company                        : Remgro Limited
Nature of transactions         : Off market exercise of share
                                 appreciation rights, as well as
                                 the subsequent on market sale
                                 of shares

Date of exercise of share      : 23 October 2012
appreciation rights offered
in the past
Number of share appreciation   : 240 690
rights exercised
Adjusted grant price after     : 5 807 @ R82.60
Implats distribution             13 898 @ R75.38
                                 25 255 @ R78.30
                                 195 730 @ R31.43

Exercise price                 : R147.90 per share
Number of shares received in   : 175 400
respect of appreciation
rights exercised

Date of sale of shares         :   24 October 2012
Number of shares sold          :   175 400
Selling price                  :   R146.7543 per share
Total value of shares sold     :   R25 740 704.22

Class of security              : Ordinary shares
Nature of interest             : Direct beneficial
Clearance obtained             : Yes

Stellenbosch
25 October 2012

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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