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EFFICIENT GROUP LIMITED - Dealings in securities by a director of major subsidiary and an associate of a director of a major subsidiary of EFG

Release Date: 12/05/2015 17:05
Code(s): EFG     PDF:  
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Dealings in securities by a director of major subsidiary and an associate of a director of a major subsidiary of EFG

EFFICIENT GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2006/036947/06)
JSE share code: EFG ISIN: ZAE000151841
(“EFG”)

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF EFG AND BY AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY OF EFG

Shareholders are advised of the following information relating to dealings in securities by a director of a major subsidiary
of EFG and by an associate of a director of a major subsidiary of EFG:


Name of director:                                                      Peter Hewett
Name of subsidiary company:                                            Efficient Financial Services(Pty) Ltd
Transaction date:                                                      8 May 2015
Class of securities:                                                   Ordinary shares
Number of securities:                                                  272 421
Highest traded price per security:                                     R5.20
Weighted average price per security:                                   R4.79508
Lowest traded price per security:                                      R4.70
Total value of transaction:                                            R1 306 279.70
Nature of transaction:                                                 On-market sale
Nature and extent of director’s interest:                              Direct beneficial
Clearance to deal received:                                            Yes

Name of director:                                                      Peter Hewett
Name of subsidiary company:                                            Efficient Financial Services(Pty) Ltd
Transaction date:                                                      11 May 2015
Class of securities:                                                   Ordinary shares
Number of securities:                                                  92 430
Price per security:                                                    R4.80
Total value of transaction:                                            R443 664.00
Nature of transaction:                                                 On-market sale
Nature and extent of director’s interest:                              Direct beneficial
Clearance to deal received:                                            Yes

Name of associate:                                                     Arend De Waal Trust
Name of director and relationship to director:                         Arend De Waal, who is a trustee and
                                                                       beneficiary of the Arend De Waal Trust and a
                                                                       director of Verso Investments Services (Pty) Ltd
Transaction date:                                                      8 May 2015
Class of securities:                                                   Ordinary shares
Number of securities:                                                  150 000
Price per security:                                                    R4.80
Total value of transaction:                                            R720 000.00
Nature of transaction:                                                 On-market purchase
Nature and extent of director’s interest:                              Indirect beneficial
                                                                                                   

Name of associate:                                                     Arend De Waal Trust
Name of director and relationship to director:                         Arend De Waal, who is a trustee and beneficiary
                                                                       of the Arend De Waal Trust and a director of
                                                                       Verso Investments Services (Pty) Ltd
Transaction date:                                                      11 May 2015
Class of securities:                                                   Ordinary shares
Number of securities:                                                  27 170
Price per security:                                                    R4.80
Total value of transaction:                                            R130 416.00
Nature of transaction:                                                 On-market purchase
Nature and extent of director’s interest:                              Indirect beneficial

12 May 2015


Sponsor
Java Capital

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