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PURPLE GROUP LIMITED - Directors dealing in securities

Release Date: 28/08/2015 16:31
Code(s): PPE     PDF:  
Wrap Text
Directors dealing in securities

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
(“the Company”)

DIRECTORS DEALING IN SECURITIES

In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited ("Listings Requirements"), the following information is disclosed:

Ronnie Lubner and Mark Barnes have each disposed of approximately 4% of their
respective shareholdings in Purple Group in order to facilitate a broader
participation in the equity of the Company by its employees. In addition to the
director’s purchase below, approximately 7,7 million Purple Group shares were
bought by 24 employees.

All employees of Purple Group now have an interest in the equity of the Company.

Name of director:            Ronnie Lubner
Name of Associate:           Gajoder Investments (Pty) Ltd
Relationship:                Ronnie Lubner is an indirect shareholder of Gajoder
                             Investments (Pty) Ltd
Date of transaction:         28 August 2015
Nature of transaction:       Sale of shares
Number of securities:        9 168 472
Class of securities:         Ordinary shares
Price per share:             45 cents per share
Total Value:                 R4 125 812.40
Nature of interest:          Indirect beneficial

Name of director:            Mark Barnes
Date of transaction:         28 August 2015
Nature of transaction:       Sale of shares
Number of securities:        9 168 472
Class of securities:         Ordinary shares
Price per share:             45 cents per share
Total Value:                 R4 125 812.40
Nature of interest:          Direct beneficial

Name of director:            Charles Savage
Date of transaction:         28 August 2015
Nature of transaction:       Purchase of shares
Number of securities:        4 000 000
Class of securities:         Ordinary shares
Price per share:             45 cents per share
Total Value:                 R1 800 000.00
Nature of interest:          Direct beneficial

Clearance was given for the above-mentioned transactions in terms of paragraph
3.66 of the Listings Requirements and were off-market transactions.


Johannesburg
28 August 2015
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 28/08/2015 04:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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