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INVICTA HOLDINGS LIMITED - Directors dealings in preference shares

Release Date: 28/11/2012 17:01
Code(s): IVTP     PDF:  
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Directors dealings in preference shares

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Share code: IVTP ISIN code: ZAE000173399
("Invicta")


                                         Directors Dealing In Securities

In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
           respect of the subscription for Invicta preference shares by the following directors:


         Name of director:                       CH Wiese (Non-executive director)

         Date of transaction:                    28 November 2012
         Nature of transaction:                  Subscription
         Price per share:                        R 100-00
         Number of shares:                       800,000 Invicta preference shares
         Value of transaction:                   R80,000,000-00
         Class of security:                      Preference shares
         Nature of interest:                     Indirect beneficial
         Trade:                                  Off-market

         Name of director:                       JD Wiese (Non-executive director)

         Date of transaction:                    28 November 2012
         Nature of transaction:                  Subscription
         Price per share:                        R 100-00
         Number of shares:                       200,000 Invicta preference shares
         Value of transaction:                   R20,000,000-00
         Class of security:                      Preference shares
         Nature of interest:                     Indirect beneficial
         Trade:                                  Off-market

         Name of director:                       LR Sherrell (Non-executive director)

         Date of transaction:                    28 November 2012
         Nature of transaction:                  Purchase
         Price per share:                        R 100-00
         Number of shares:                       160,000 Invicta preference shares
         Value of transaction:                   R16,000,000-00
         Class of security:                      Preference shares
         Nature of interest:                     Indirect beneficial
         Trade:                                  Off-market

         Name of director:                       A Goldstone (Executive director)

         Date of transaction:                    28 November 2012
         Nature of transaction:                  Subscription
         Price per share:                        R 100-00
         Number of shares:                       200,000 Invicta preference shares
         Value of transaction:                   R20,000,000-00
         Class of security:                      Preference shares
         Nature of interest:                     Direct beneficial
         Trade:                                  Off-market
        Name of director:                  A Goldstone (Executive director)

        Date of transaction:               28 November 2012
        Nature of transaction:             Subscription
        Price per share:                   R 100-00
        Number of shares:                  105,000 Invicta preference shares
        Value of transaction:              R10,500,000-00
        Class of security:                 Preference shares
        Nature of interest:                Indirect beneficial
        Trade:                             Off-market

        Name of director:                  AM Sinclair (Executive director)

        Date of transaction:               28 November 2012
        Nature of transaction:             Subscription
        Price per share:                   R 100-00
        Number of shares:                  10,000 Invicta preference shares
        Value of transaction:              R1,000,000-00
        Class of security:                 Preference shares
        Nature of interest:                Direct beneficial
        Trade:                             Off-market

        Name of director:                  C Barnard (Executive director)

        Date of transaction:               28 November 2012
        Nature of transaction:             Subscription
        Price per share:                   R 100-00
        Number of shares:                  10,000 Invicta preference shares
        Value of transaction:              R1,000,000-00
        Class of security:                 Preference shares
        Nature of interest:                Indirect beneficial
        Trade:                             Off-market

        Name of director:                  J Mthimunye (Non-executive director)

        Date of transaction:               28 November 2012
        Nature of transaction:             Subscription
        Price per share:                   R 100-00
        Number of shares:                  15,000 Invicta preference shares
        Value of transaction:              R1,500,000-00
        Class of security:                 Preference shares
        Nature of interest:                Indirect beneficial
        Trade:                             Off-market


        Board approval for subscription:   Yes

Cape Town
28 November 2012

Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited

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