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THE FOSCHINI GROUP LIMITED - Directors Associates Dealing in Securities

Release Date: 30/03/2016 10:33
Code(s): TFG     PDF:  
Wrap Text
Director’s Associates Dealing in Securities

THE FOSCHINI GROUP LTD
Reg. No.: 1937/009504/06
Code : TFG
ISIN : ZAE000148466
("TFG")

Director’s Associates Dealing in Securities

Shareholders are advised of the information set out below relating to the
dealings in securities by associates of a director as part of an internal
reorganisation of Lewis Family interests.

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE
Listings Requirements, the following information is disclosed:

Name and position of director         Michael Lewis, Chairman / Non-
                                      executive independent director of
                                      TFG

Name of associate                     The Stanley and Zea Lewis Trust, a
                                      trust whose indirect beneficiaries
                                      are Michael Lewis and his family
Extent of associate’s interest        Indirect beneficial
Date of transaction                   29 March 2016
Class of securities                   Ordinary shares
Nature of transaction                 Off-market transaction
No. of shares sold                    4,343
Deemed price of shares sold           134.90
Total deemed value of shares sold     R587,870.70

Name of associate                     Colmar Investment Holdings Ltd, a
                                      company whose indirect
                                      beneficiaries are the family of
                                      Michael Lewis
Extent of associate’s interest        Indirect non-beneficial
Date of transaction                   29 March 2016
Class of securities                   Ordinary shares
Nature of transaction                 Off-market transaction
No. of shares purchased               4,343
Deemed price of shares purchased      134.90
Total deemed value of shares          587,870.70
purchased



The necessary clearance to deal was obtained beforehand.


In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE
Listings Requirements, the following information is disclosed:

Name and position of director         Michael Lewis, Chairman / Non-
                                      executive independent director of
                                      TFG

Name of associate                     Oceana Investment Corporation Ltd,
                                      a company whose indirect
                                      beneficiaries are Michael Lewis and
                                      his family
Extent of associate’s interest        Indirect beneficial
Date of transaction                   29 March 2016
Class of securities                   Ordinary shares
Nature of transaction                 On-market sale
No. of shares sold                    89,119
Price of shares sold                  134.90
Total value of shares sold            12,022,153.10

Name of associate                     Colmar Investment Holdings Ltd, a
                                      company whose indirect
                                      beneficiaries are the family of
                                      Michael Lewis
Extent of associate’s interest        Indirect non-beneficial
Date of transaction                   29 March 2016
Class of securities                   Ordinary shares
Nature of transaction                 On-market purchase
No. of shares purchased               89,119
Price of shares purchased             134.90
Total value of shares purchased       12,022,153.10



The necessary clearance to deal was obtained beforehand.

Cape Town
30 March 2016

SPONSOR
UBS South Africa (Pty) Ltd

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