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REMGRO LIMITED - Dealing in securities by a director

Release Date: 24/03/2016 11:56
Code(s): REM     PDF:  
Wrap Text
Dealing in securities by a director

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
(ISIN: ZAE000026480)
(Share code: REM)

DEALING IN SECURITIES BY A DIRECTOR

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

Executive director             : L Crouse
Company                        : Remgro Limited
Nature of transactions         : Off market exercise of share
                                 appreciation rights (SARs), as
                                 well as the subsequent on
                                 market sale of shares
Date of exercise of share      : 22 March 2016
appreciation rights offered
in the past
Number and offer price of      : 94 652 @ R147.25
share appreciation rights        51 865 @ R97.55
exercised
Exercise price                 : R259.66 per share
Total growth value of          : R19 047 666.47
exercise
Number of shares received in   : 73 358
respect of appreciation
rights exercised
Date of sale of shares         : 23 March 2016
Number and selling prices of   : 17 730 @ R248.5409
shares sold                      14 052 @ R247.74
Total value of shares sold     : R7 887 872.64
Class of security              : Ordinary shares
Nature of interest             : Direct beneficial
Clearance obtained             : Yes

Stellenbosch
24 March 2016

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

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