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CURRO HOLDINGS LIMITED - Dealing in Curro Holdings Limited securities

Release Date: 05/06/2014 16:15
Code(s): COHN     PDF:  
Wrap Text
Dealing in Curro Holdings Limited securities

Curro Holdings Limited
Incorporated in the Republic of South Africa
Registration Number 1998/025801/06
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)

DEALING IN CURRO HOLDINGS LIMITED SECURITIES

With regards to the Curro Rights Offer which opens on Monday, 09 June
2014, as announced on Friday, 2 May 2014, shareholders are hereby advised
that Dr CR van der Merwe, the chief executive officer of Curro has
indicated his intent to follow the maximum number of rights possible and
in so doing has sold a portion of his rights to enable him to do so.
Following the sale of the rights disclosed hereunder, Dr CR van der Merwe
will still have 200 000 remaining rights which he intends to follow.

Accordingly, in compliance with rules 3.63 to 3.74 of the JSE Limited’s
Listings Requirements, the following information is disclosed:

NAME OF DIRECTOR                   CR van der Merwe
STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
TYPE OF SECURITIES                 Nil paid letters
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                4 June 2014
PRICE PER SHARE                    R7.50
NUMBER OF SECURITIES TRANSACTED    230 026
TOTAL RAND VALUE OF SECURITIES     R1 725 195.00
NATURE OF TRANSACTION              Disposal    of   rights   by    an
                                   associate of the director in
                                   terms of the Curro Rights Offer
                                   (On-market transaction)
NAME OF ASSOCIATE                  Die    Chris   van    der    Merwe
                                   Familietrust
RELATIONSHIP WITH THE DIRECTOR     Trustee and beneficiary
NATURE AND EXTENT OF INTEREST IN
THE TRANSACTION                    Direct, beneficial



NAME OF DIRECTOR                   AJF Greyling
STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
TYPE OF SECURITIES                 Nil paid letters
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                3 June 2014                   (1)
                                   4 June 2014                   (2)
PRICE PER SHARE                    High:       R10.00            (1)
                                   Low:        R8.20
                                   VWAP:       R8.74

                                   High:      R8.40              (2)
                                   Low:       R8.00
                                   VWAP:      R8.03
NUMBER OF SECURITIES TRANSACTED    9 589                         (1)
                                   72 411                        (2)
TOTAL RAND VALUE OF SECURITIES     R81 409.80                    (1)
                                   R581 113.00                   (2)
NATURE OF TRANSACTION              Disposal    of   rights   by    an
                                   associate of the director in
                                   terms of the Curro Rights Offer
                                   (On-market transaction)
NAME OF THE ASSOCIATE              Greyling Familie Trust
RELATIONSHIP WITH THE DIRECTOR     Trustee and beneficiary
NATURE AND EXTENT OF INTEREST IN
THE TRANSACTION                    Indirect, beneficial


Clearance to deal in these shares was obtained in accordance with Rule
3.66 of the JSE Listings Requirements.

Durbanville
5 June 2014

Sponsor
PSG Capital

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