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AUSTRO GROUP LIMITED - Dealings in securities by an associate of a director of a major subsidiary of Austro

Release Date: 28/01/2014 10:25
Code(s): ASO     PDF:  
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Dealings in securities by an associate of a director of 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 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 Austro:

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 26 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             948 000
Price per security:                                               R1.05
Total value of transaction:                                       R995 400.00
Nature of transaction:                                            On-market sale

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 26 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             131 000
Price per security:                                               R1.06
Total value of transaction:                                       R138 860.00
Nature of transaction:                                            On-market sale

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 26 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             50 000
Price per security:                                               R1.07
Total value of transaction:                                       R53 500.00
Nature of transaction:                                            On-market sale

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 26 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             52 000
Price per security:                                               R1.17
Total value of transaction:                                       R60 840.00
Nature of transaction:                                            On-market sale

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 27 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             2 844 000
Price per security:                                               R1.05
Total value of transaction:                                       R2 986 200.00
Nature of transaction:                                            On-market sale

Name of associate:                                                The Abrahams Family Trust
Name of director and relationship to director:                    Rhys Abrahams, who is a beneficiary of
                                                                  The Abrahams Family Trust
Name of subsidiary company:                                       New Way Power Proprietary Limited
Transaction date:                                                 27 November 2013
Class of securities:                                              Ordinary shares
Number of securities:                                             25 000
Price per security:                                               R1.09
Total value of transaction:                                       R27 250.00
Nature of transaction:                                            On-market sale

28 January 2014


Sponsor

Java Capital

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