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REMGRO LIMITED - Dealings in securities by a director

Release Date: 14/10/2014 13:48
Code(s): REM     PDF:  
Wrap Text
Dealings in securities by a director

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
(ISIN: ZAE000026480)
(Share code: REM)

DEALINGS IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Name of director                 :   W E Bührmann
Company                          :   Remgro Limited
Nature of transactions           :   Off market exercise of share
                                     appreciation rights (SARs), as
                                     well as the subsequent on market
                                     sale of shares
Date of exercise of SARs         :   13 October 2014
offered in the past
Number of SARS exercised         :   124 771
Offer price                      :   R65.50
Exercise price                   :   R225.04
Total growth value of exercise   :   R19 905 965.34
Number of shares received in     :   88 456
respect of SARs exercised
Date of sale of shares           :   13 October 2014
Number of shares sold            :   88 456
Selling price                    :   R226.7962 per ordinary share
Total value of shares sold       :   R20 061 484.67
Highest price                    :   R228.59
Lowest price                     :   R224.71
Class of securities              :   Ordinary shares
Nature of interest               :   Direct beneficial
Clearance obtained               :   Yes

Stellenbosch
14 October 2014

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

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