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

Release Date: 19/05/2015 10:00
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                    :   18 May 2015
PRICE PER SHARE                  :   (i)R 4.49
                                 :   (ii)R 4.35

TOTAL NUMBER OF SECURITIES
TRANSACTED                       :   (i)10 000
                                 :   (ii)2 500

TOTAL RAND VALUE OF SECURITIES   :   (i)R 44 900
                                 :   (ii)R 10 875
CONFIRMATION THAT CLEARANCE
HAS BEEN GIVEN IN TERMS OF
PARAGRAPH 3.66                   :   Yes


Johannesburg
19 May 2015

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

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