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TORRE INDUSTRIES LIMITED - Share dealings by an associate of a director of a subsidiary

Release Date: 04/11/2014 11:31
Code(s): TOR     PDF:  
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Share dealings by an associate of a director of a subsidiary

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR      ISIN: ZAE000188629
(“Torre” or “the Company”)


SHARE DEALINGS BY AN ASSOCIATE OF A DIRECTOR OF A SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by an
associate of a director of Torre Automotive (Pty) Ltd, a major
wholly-owned subsidiary of Torre, are disclosed below:

COMPANY                          :   Torre Industries Limited
NAME OF DIRECTOR                 :   Frans Lombard
NAME OF ASSOCIATE                    Die Lombard Familie Trust
STATUS OF DIRECTOR               :   Financial    Director    of
                                     Torre Automotive (Pty) Ltd
TYPE AND CLASS OF SECURITIES     :   Ordinary Shares
NATURE OF TRANSACTION            :   On-market purchase
NATURE AND EXTENT OF
DIRECTOR’S INTEREST IN THE
TRANSACTION                      :   Indirect Beneficial
DATE OF TRADE                    :   3 November 2014
PRICE PER SHARE                  :   R3.48
TOTAL NUMBER OF SECURITIES           7 488
TRANSACTED                       :
TOTAL RAND VALUE OF SECURITIES   :   R26 058.24
CONFIRMATION THAT CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                   :   Not Required

COMPANY                          :   Torre Industries Limited
NAME OF DIRECTOR                 :   Frans Lombard
NAME OF ASSOCIATE                    Die Lombard Familie Trust
STATUS OF DIRECTOR               :   Financial    Director    of
                                     Torre Automotive (Pty) Ltd
TYPE AND CLASS OF SECURITIES     :   Ordinary Shares
NATURE OF TRANSACTION            :   On-market purchase
NATURE AND EXTENT OF
DIRECTOR’S INTEREST IN THE
TRANSACTION                      :   Indirect Beneficial
DATE OF TRADE                    :   3 November 2014
PRICE PER SHARE                  :   R3.50
TOTAL NUMBER OF SECURITIES           12 512
TRANSACTED                       :
TOTAL RAND VALUE OF SECURITIES   :   R43 792
CONFIRMATION THAT CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                  :   Not Required


Johannesburg
4 November 2014

Corporate Adviser and Sponsor to Torre
AfrAsia Corporate Finance (Pty) Ltd

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