THE PIVOTAL FUND LIMITED - Dealings in securities by associates of directors of Pivotal

Dealings in securities by associates of directors of Pivotal

THE PIVOTAL FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/030215/06)
JSE share code: PIV  ISIN: ZAE000196440
(“Pivotal” or “the company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF PIVOTAL


Shareholders are advised of the following information relating to dealings in securities by associates of directors, by way of a
placement of their Pivotal shares that was undertaken by Java Capital on Tuesday, 21 July 2015.

Name of associate:                                                 Abland (Pty) Ltd
Name of directors and relationship to directors:                   Thys Neser and David Savage, who are directors of Pivotal
                                                                   and of Abland (Pty) Ltd and have a potential beneficial
                                                                   interest in Abland (Pty) Ltd
Class of securities:                                               Ordinary shares
Number of securities:                                              3 883 537
Price per security:                                                R21.15
Total value:                                                       R82 136 807.55
Nature of transaction:                                             On-market sale following a placement
Nature and extent of directors’ interest:                          Indirect beneficial

Name of associate:                                                 Abland Gauteng (Pty) Ltd
Name of directors and relationship to directors:                   Dave Savage and Thys Neser, who are directors of Pivotal
                                                                   and of Abland Gauteng (Pty) Ltd, trustees and potential
                                                                   beneficiaries of the Path Trust which owns 100% of Abland
                                                                   Gauteng (Pty) Ltd
Class of securities:                                               Ordinary shares
Number of securities:                                              1 806 605
Price per security:                                                R21.15
Total value:                                                       R38 209 695.75
Nature of transaction:                                             On-market sale following a placement
Nature and extent of directors’ interest:                          Indirect beneficial

Name of associate:                                                 CRH Investments (Pty) Ltd
Name of director and relationship to director:                     Thys Neser and Dave Savage, who are directors of Pivotal
                                                                   and of CRH Investments (Pty) Ltd and Thys Neser has an
                                                                   indirect beneficial interest in CRH Investments (Pty) Ltd
Class of securities:                                               Ordinary shares
Number of securities:                                              261 998
Price per security:                                                R21.15
Total value:                                                       R5 541 257.70
Nature of transaction:                                             On-market sale following a placement
Nature and extent of director’s interest:                          Indirect beneficial

Name of associate:                                                 MPI Trust
Name of directors and relationship to directors:                   Dave Savage and Thys Neser, who are directors of Pivotal
                                                                   and potential beneficiaries of the MPI Trust
Class of securities:                                               Ordinary shares
Number of securities:                                              3 322 891
Price per security:                                                R21.15
Total value:                                                       R70 279 144.65
Nature of transaction:                                             On-market sale following a placement
Nature and extent of directors’ interest:                          Indirect beneficial

23 July 2015


Sponsor
Java Capital
Date: 23/07/2015 04:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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