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DISTELL GROUP LIMITED - Dealing in securities by directors of a major subsidiary

Release Date: 03/12/2015 16:35
Code(s): DST     PDF:  
Wrap Text
Dealing in securities by directors of a major subsidiary

DISTELL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
Share Code: DST
ISIN: ZAE000028668

DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY

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

Director                       :   D Ullrich
Company                        :   Distell Limited (a major subsidiary
                                   of Distell Group Limited)
Date of transaction            :   01 December 2015
Nature of transaction          :   Off market exercise of share
                                   options in terms of the Distell
                                   Group Share Scheme and subsequent
                                   on market sale of shares
Class of securities            :   Ordinary shares
Number of securities           :   311
Option price                   :   R45.50
Option value                   :   R14,150.50
Sale price                     :   R180.00
Total value of shares sold     :   R55 980.00


Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   options in terms of the Distell
                                   Group Share Scheme and subsequent
                                   on market sale of shares
Class of securities            :   Ordinary shares
Number of securities           :   7 020
Option price                   :   R45.50
Option value                   :   R319 410.00
Sale price                     :   R180.00
Total value of shares sold         R1 263 600.00

Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   appreciation rights (SARs), as well
                                   as the subsequent on market sale of
                                   shares
Class of securities            :   Ordinary shares
Number of SARs exercised       :   516
Offer price                    :   R66.00
Exercise price                 :   R180.00
Total growth value of
exercise                       :   R58 824.00
Number of shares received in
respect of SARs                :   326
Number of shares sold          :   326
Sale price                     :   R180.00 per ordinary share
Total value of shares sold     :   R58 680.00



Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   appreciation rights (SARs), as well
                                   as the subsequent on market sale of
                                   shares
Class of securities            :   Ordinary shares
Number of SARs exercised       :   1 862
Offer price                    :   R72.00
Exercise price                 :   R180.00
Total growth value of          :   R201 096.00
exercise
Number of shares received in
respect of SARs                :   1 117
Number of shares sold          :   1 117
Sale price                     :   R180.00 per ordinary share
Total value of shares sold     :   R201 060.00




Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   appreciation rights (SARs), as well
                                   as the subsequent on market sale of
                                   shares
Class of securities            :   Ordinary shares
Number of SARs exercised       :   359
Offer price                    :   R93.35
Exercise price                 :   R180.00
Total growth value of
exercise                       :   R31 107.35
Number of shares received in
respect of SARs                :   172
Number of shares sold          :   172
Sale price                     :   R180.00 per ordinary share
Total value of shares sold     :   R30 960.00



Director                       :   PF Carolin
Company                        :   Distell Limited (a major subsidiary
                                   of Distell Group Limited)
Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   appreciation rights (SARs), as well
                                   as the subsequent on market sale of
                                   shares
Class of securities            :   Ordinary shares
Number of SARs exercised       :   993
Offer price                    :   R72.00
Exercise price                 :   R180.00
Total growth value of
exercise                       :   R107 244.00
Number of shares received in
respect of SARs                :   593
Number of shares sold          :   593
Sale price                     :   R180.00 per ordinary share
Total value of shares sold     :   R106 740.00



Date of transaction            :   02 December 2015
Nature of transaction          :   Off market exercise of share
                                   appreciation rights (SARs), as well
                                   as the subsequent on market sale of
                                   shares
Class of securities            :   Ordinary shares
Number of SARs exercised       :   3 879
Offer price                    :   R93.35
Exercise price                 :   R180.00
Total growth value of
exercise                       :   R336 115.35
Number of shares received in
respect of SARs                :   1 856
Number of shares sold          :   1 856
Sale price                     :   R180.00 per ordinary share
Total value of shares sold     :   R334 080.00



In respect of all the transactions above, clearance to trade was
granted and the nature of interest is direct/beneficial.


Stellenbosch
03 December 2015

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

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