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AUSTRO GROUP LIMITED - Dealings in securities by an associate of a director of New Way Power (Pty) Ltd, a major subsidiary of Austro

Release Date: 25/11/2013 16:00
Code(s): ASO     PDF:  
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Dealings in securities by an associate of a director of New Way Power (Pty) Ltd, a major subsidiary of Austro

AUSTRO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ASO ISIN: ZAE000090882
(“Austro” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF NEW WAY POWER
PROPRIETARY LIMITED, A MAJOR SUBSIDIARY OF AUSTRO


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

Name of associate:                                                The W.A.F. Trust
Name of director and relationship to director:                    Wayne Freed, who is a trustee and
                                                                  beneficiary of The W.A.F. Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 21 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             4 048 985
Price per security:                                               R1.05
Total value of transaction:                                       R4 251 434.25
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Indirect beneficial
Clearance to deal received:                                       Yes

Name of associate:                                                The W.A.F. Trust
Name of director and relationship to director:                    Wayne Freed, who is a trustee and
                                                                  beneficiary of The W.A.F. Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 21 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             1 015
Price per security:                                               R1.10
Total value of transaction:                                       R1 116.50
Nature of transaction:                                            On-market sale
Nature and extent of director’s interest:                         Indirect beneficial
Clearance to deal received:                                       Yes

25 November 2013


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