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CLOVER INDUSTRIES LIMITED - Dealings in securities by a director

Release Date: 01/07/2016 15:00
Code(s): CLR     PDF:  
Wrap Text
Dealings in securities by a director

Clover Industries Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/030429/06)
JSE Ordinary Share code: CLR
NSX Ordinary Share code: CLN
ISIN No: ZAE000152377

DEALINGS IN SECURITIES BY A DIRECTOR

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

Director                                         :   Johann Hendrik Vorster
Company                                          :   Clover Industries Limited
Nature of transaction                            :   On market sale of securities
Class of securities                              :   Ordinary shares
Date of transaction                              :   29 June 2016
Number of securities                             :   6392
Volume weighted average selling price            :   R18.51
Highest price                                    :   R18.60
Lowest price                                     :   R18.40
Total value of transaction                       :   R118 315.92
Nature of Interest                               :   Direct beneficial
Clearance obtained                               :   Yes

Director                                         :   Johann Hendrik Vorster
Company                                          :   Clover Industries Limited
Nature of transaction                            :   On market sale of securities
Class of securities                              :   Ordinary shares
Date of transaction                              :   30 June 2016
Number of securities                             :   84 239
Volume weighted average selling price            :   R18.37
Highest price                                    :   R18.50
Lowest price                                     :   R18.20
Total value of transaction                       :   R1 547 470.43
Nature of Interest                               :   Direct beneficial
Clearance obtained                               :   Yes


A portion of the transactions proceeds will be applied to settle Mr Vorster’s tax obligations arising
from his exercise of share appreciation rights, per the announcement released on the Stock
Exchange News Service on 22 June 2016.

Johannesburg
1 July 2016

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

NSX Sponsor
IJG Securities

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