EQSTRA HOLDINGS LIMITED - Dealing in securities by a director of a major subsidiary

Dealing in securities by a director of a major subsidiary

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
(“Eqstra” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the
following information is provided:

Eqstra has awarded deferred bonus plan (DBP) rights to its directors,
under the DBP scheme. DBP rights entitle the participants to commit
an equal number of Eqstra shares to the DBP scheme, which committed
shares will be held in escrow until vesting in September 2018.

Participants may either purchase the shares to be committed or commit
shares already held by them to the DBP scheme.

Upon the vesting of the DBP rights, and providing that the conditions
attaching to the DBP rights are fulfilled, Eqstra is obliged in terms
of the DBP scheme to deliver a matching share to participants for
each committed share, within 30 days of the vesting date.

The following participant has accepted the award of DBP rights and
has undertaken to commit Eqstra shares to the DBP scheme equal to the
DBP rights awarded:

Name of               Designation                           Number of shares
participant                                                 committed to the
                                                            DBP scheme
L Taylor              Director of major subsidiary:         12 000*
                      Saficon Industrial Equipment
                      Proprietary Limited
* - Shares purchased in the open market (refer separate disclosure below).

Clearance to deal, in respect of the above off–market acceptance of
rights, was obtained.

Director                         :   L Taylor
Major subsidiary                 :   Saficon Industrial Equipment
                                     Proprietary Limited
Date of transaction              :   13 October 2015
Nature of transaction            :   On market purchase of securities
Class of securities              :   Ordinary shares
Number of shares purchased       :   12 000
Purchase price                   :   R2.82 per share
Total value of transaction       :   R33 840.00
Nature of interest               :   Direct beneficial
Clearance obtained               :   Yes

Kempton Park
14 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
 
 
 

Date: 14/10/2015 02:53:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.