To view the PDF file, sign up for a MySharenet subscription.

ANDULELA INVESTMENT HOLDINGS LTD - Dealings in securities by associates of a director of a major subsidiary of Andulela

Release Date: 10/10/2013 14:50
Code(s): AND     PDF:  
Wrap Text
Dealings in securities by associates of a director of a major subsidiary of Andulela

ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
JSE share code: AND ISIN: ZAE000172870
(“Andulela” or “the company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF A MAJOR SUBSIDIARY OF
ANDULELA


Shareholders are advised of the following information relating to dealings in securities by associates of a director of a
major subsidiary of the company:

Name of associate:                                                   Newshelf 1005 Proprietary Limited
Name of director:                                                    Rafik Mohamed (whose associates own in
                                                                     aggregate 50% of Newshelf 1005 Proprietary
                                                                     Limited)
Name of subsidiary company:                                          Pro Roof Steel Merchants Proprietary Limited
Transaction date:                                                    10 October 2013
Class of securities:                                                 Ordinary shares
Number of securities:                                                16 112 743
Price per security:                                                  R6.50
Total value of transaction:                                          R104 732 829.50
Nature of transaction:                                               Off-market sale conditional on fulfilment of
                                                                     certain conditions precedent

Name of associate:                                                   Steelmin Investment Holdings Proprietary
                                                                     Limited
Name of director:                                                    Rafik Mohamed (who is one of the beneficiaries
                                                                     and trustees of The Rafik Mohamed Family Trust
                                                                     which owns 100% of Steelmin Investment
                                                                     Holdings Proprietary Limited)
Name of subsidiary company:                                          Pro Roof Steel Merchants Proprietary Limited
Transaction date:                                                    10 October 2013
Class of securities:                                                 Ordinary shares
Number of securities:                                                8 688 236
Price per security:                                                  R6.50
Total value of transaction:                                          R56 473 534.00
Nature of transaction:                                               Off-market sale conditional on fulfilment of
                                                                     certain conditions precedent

Name of associate:                                                   The Rafik Mohamed Family Trust
Name of director:                                                    Rafik Mohamed (who is one of the beneficiaries
                                                                     and trustees of The Rafik Mohamed Family Trust)
Name of subsidiary company:                                          Pro Roof Steel Merchants Proprietary Limited
Transaction date:                                                    10 October 2013
Class of securities:                                                 Ordinary shares
Number of securities:                                                7 424 507
Price per security:                                                  R6.50
Total value of transaction:                                          R48 259 295.50
Nature of transaction:                                               Off-market sale conditional on fulfilment of
                                                                     certain conditions precedent

10 October 2013


Sponsor

Java Capital

Date: 10/10/2013 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story