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RACEC GROUP LIMITED - Dealings In Securities By A Directors Associate

Release Date: 31/01/2013 16:47
Code(s): RAC     PDF:  
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Dealings In Securities By A Director’s Associate

RACEC GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/006153/06)
Share code: RAC ISIN: ZAE000105409


DEALINGS IN SECURITIES BY A DIRECTOR’S ASSOCIATE


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                             Mr Qedukwazi Zulu
Company:                                      RACEC Group Limited
Name of associate:                            Solethu Civils Holdings (Pty) Ltd
Relationship of associate to director:        Mr Zulu is a director of Solethu Civils Holdings (Pty) Ltd
Class of securities:                          Ordinary shares
Clearance to deal obtained:                   Yes
Nature of the transaction:                    Sale of shares off market
Date of transaction:                          29 January 2013
Price per security:                           R0.89
Number of securities:                         3 000 000
Total value:                                  R2 670 000.00
Extent of directors’ interest:                Indirect beneficial


Johannesburg
31 January 2013

Designated Adviser
Merchantec Capital

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