IMPERIAL HOLDINGS LIMITED - Announcement Regarding the Sale of Imperial Ordinary Shares by Lereko Mobility

Announcement Regarding the Sale of Imperial Ordinary Shares by Lereko Mobility

Imperial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/021048/06)
Share code: IPL
ISIN: ZAE000067211
(‘Imperial’)


ANNOUNCEMENT REGARDING THE SALE OF IMPERIAL ORDINARY SHARES BY
LEREKO MOBILITY


Shareholders are referred to the Lereko Black Economic Empowerment
(“BEE”) transaction, concluded in 2005 (“Lereko BEE transaction”).


Shareholders are advised that Lereko Mobility (Proprietary) Limited
(“Lereko”), in which Imperial owns 49%, has sold 44 515 Imperial
shares on the open market at a price of R180.07 per share. The date
of the transaction was 29 October 2015. The total value of the
transaction is R8 015 816.05. Lereko will apply the proceeds of the
sale to investment in motor dealerships.
Mr MV Moosa, a non-executive director of Imperial, has an indirect
interest in Lereko, through his holding in Lereko Investments.


Johannesburg
3 November 2015


Sponsor:
Merrill Lynch South Africa (Pty) Limited
 

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