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TIGER BRANDS LIMITED - Director's dealings in securities

Release Date: 14/02/2013 15:56
Code(s): TBS     PDF:  
Wrap Text
Director's dealings in securities

Tiger Brands Limited
“Tiger Brands” or “the Company”
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080

DIRECTOR’S DEALINGS IN SECURITIES

On 13 February 2013, it came to the attention of Ms S L Botha, a
non-executive director of Tiger Brands, that her investment
advisers, a Financial Services Provider (FSP) through its
nominees, had acquired in the period 3 October 2012 to 12 December
2012, 1 221 Tiger Brands shares as set out below. The shares were
acquired through a discretionary mandate held by the FSP without
the prior approval nor knowledge of Ms S L Botha.

In the circumstances the Tiger Brands shares were bought
inadvertently without the approval of the Tiger Brands’ Chairman.
Ms Botha and Tiger Brands became aware of this fact on 13 February
2013 and immediately notified the JSE and the Tiger Brands’
Chairman.

The portfolio manager at the FSP has instituted processes to
ensure that this does not recur.

Purchase 1
Nature of transaction       On market purchase of shares
Transaction Date            3 October 2012
Number of Shares            550
Class of Security           Ordinary Shares
Market Price per Share      R277.28
Total Value                 R152 504
Nature of interest          Direct and Beneficial

Purchase 2
Nature of transaction       On market purchase of shares
Transaction Date            12 November 2012
Number of Shares            618
Class of Security           Ordinary Shares
Market Price per Share      R278.59
Total Value                 R172 168.62
Nature of interest          Direct and Beneficial

Purchase 3
Nature of transaction       On market purchase of shares
Transaction Date            3 December 2012
Number of Shares            53
Class of Security           Ordinary Shares
Market Price per Share      R279.63
Total Value                 R14 820.39
Nature of interest          Direct and Beneficial
Bryanston
14 February 2013

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Date: 14/02/2013 03:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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