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

Release Date: 12/03/2015 10:00
Code(s): TOR     PDF:  
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Share dealings by directors and an associate of a director of a subsidiary of Torre

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 DIRECTORS AND AN ASSOCIATE OF A DIRECTOR OF
A SUBSIDIARY OF TORRE

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by
directors and an associate of a director of a subsidiary of
Torre is disclosed:

COMPANY                            :   Torre Industries Limited
NAME OF DIRECTOR                   :   Charles Pettit
STATUS OF DIRECTOR                 :   Chief Executive Officer of
                                       Torre
TYPE AND CLASS OF SECURITIES       :   Ordinary Shares
NATURE OF TRANSACTION              :   On-market purchase
NATURE     AND     EXTENT    OF
DIRECTOR’S   INTEREST   IN  THE    :   Direct Beneficial
TRANSACTION
DATE OF TRADE                      :   11 March 2015
PRICE PER SHARE                    :    (i)R4.80
                                        (ii)R4.79
TOTAL   NUMBER   OF   SECURITIES
TRANSACTED                         :    (i)30 509
                                        (ii)1 537

TOTAL RAND VALUE OF SECURITIES     :    (i)R 146 443
                                        (ii)R 7 362

CONFIRMATION   THAT    CLEARANCE
HAS BEEN GIVEN IN      TERMS OF
PARAGRAPH 3.66                     :   Yes


COMPANY                            :   Torre Industries Limited
NAME OF DIRECTOR                   :   Roy Midlane
STATUS OF DIRECTOR                 :   Chief Financial Officer of
                                       Torre
TYPE AND CLASS OF SECURITIES       :   Ordinary Shares
NATURE OF TRANSACTION              :   On-market purchase
NATURE    AND     EXTENT     OF
DIRECTOR’S INTEREST IN THE         :   Direct Beneficial
TRANSACTION
DATE OF TRADE                      :   11 March 2015
PRICE PER SHARE                   :   R4.80
TOTAL NUMBER OF SECURITIES
TRANSACTED                        :   10 000
TOTAL RAND VALUE OF SECURITIES    :   R48 000
CONFIRMATION   THAT  CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                    :   Yes

COMPANY                           :   Torre Industries Limited
NAME OF DIRECTOR                  :   Stephen Smithyman
NAME OF ASSOCIATE                 :   Sanet Smithyman
STATUS OF DIRECTOR                :   Managing Director of major
                                      subsidiary of Torre, Kanu
TYPE AND CLASS OF SECURITIES      :   Ordinary Shares
NATURE OF TRANSACTION             :   On-market purchase
NATURE     AND    EXTENT     OF   :   Indirect Beneficial
DIRECTOR’S INTEREST IN THE
TRANSACTION
DATE OF TRADE                     :   11 March 2015
PRICE PER SHARE                   :   R4.80
TOTAL NUMBER OF SECURITIES        :   100 000
TRANSACTED
TOTAL RAND VALUE OF SECURITIES    :   R480 000
CONFIRMATION   THAT   CLEARANCE   :   Not required
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66

Johannesburg
12 March 2015

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

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