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ADVTECH LIMITED - ADH - Further Announcement Regarding Directors' and Executives Dealings in Terms of the Rights Offer

Release Date: 10/12/2015 15:37
Code(s): ADH     PDF:  
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ADH - Further Announcement Regarding Directors' and Executives Dealings in Terms of the Rights Offer

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share Code: ADH
ISIN: ZAE000031035
 (“ADvTECH” or the “Company”)


FURTHER ANNOUNCEMENT REGARDING DIRECTORS’ AND EXECUTIVES DEALINGS IN TERMS OF THE RIGHTS
OFFER

Further to the an Anouncement on the Stock Exchange News Service (“SENS”) of the JSE Limited (“JSE”) dated
9 December 2015 and in compliance with the Listings Requirements of the JSE, shareholders are advised that,
in respect of Mr RJ Douglas, it was incorrectly announced that he had received 80 000 shares in terms of the
rights offer. The correct details are as follows:

Name of director              :           RJ Douglas
Designation                   :           Chief Executive Officer
Nature of transaction         :           Off-market purchase of shares in terms of the rights issue
Date of transaction           :           4 December 2015
Number of securities          :           15 278
Class of securities           :           Ordinary shares offered in terms of the rights issue
Price per share               :           1125 cents
Total value of transaction    :           R171 877.50
Nature of interest            :           Direct beneficial

Clearance to deal was obtained for the above transactions.


Johannesburg
10 December 2015

Sole bookrunner, financial advisor and transaction sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking Division)

Legal adviser
Cliffe Dekker Hofmeyer

Communications adviser
Brunswick

Sponsor
Bridge Capital Advisors Proprietary Limited

Date: 10/12/2015 03:37:00 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.

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