RAINBOW CHICKEN LIMITED - Dealings in securities by director of a major subsidiary

Release Date: 15/02/2013 10:48
Code(s): RBW RBWN
 
Wrap Text
Dealings in securities by director of a major subsidiary

RAINBOW CHICKEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000019063
Share Code: RBW
(“RCL”)

DEALINGS IN SECURITIES BY DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the
following director of a major subsidiary of RCL has disposed of his
rights by selling his letters of allocation in terms of the rights
offer announced on SENS by RCL on 25 January 2013:

Director                       :       T J Harding
Company                        :       Rainbow Farms (Pty) Ltd (a major
                                       subsidiary of RCL)

Date of transaction            :       13 February 2013*
Nature of transaction          :       On market sale of letters of
                                       allocation in terms of rights offer
Class of securities            :       Letters of allocation in respect of
                                       ordinary shares offered in terms of
                                       rights offer
Number of securities           :       320
Selling price                  :       R1.09 each
Total value of transaction     :       R348.80
Nature of interest             :       Direct beneficial
Clearance obtained             :       Yes

*The JSE Limited granted special dispensation for the directors to trade
their rights during a closed period on the basis that all price sensitive
information is in the public domain, per the trading statement released on
SENS on 31 January 2013, and that the directors are not in possession of
any additional unpublished price sensitive information.

Durban
15 February 2013

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

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