CONSOLIDATED INFRASTRUCTURE GRP LTD - Dealings in securities by an associate of directors of a major subsidiary of Consolidated Infrastructure

Dealings in securities by an associate of directors of a major subsidiary of Consolidated Infrastructure

CONSOLIDATED INFRASTRUCTURE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
(“Consolidated Infrastructure” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF A MAJOR SUBSIDIARY OF CONSOLIDATED INFRASTRUCTURE


Shareholders are referred to the announcement released on SENS on 22 May 2014 wherein shareholders
were advised that Chantilly Trading 52 (Pty) Ltd (“Chantilly”), an associate of each of Leon Heymans and
David van Zyl (each a director of Consolidated Power Holdings (Pty) Ltd, a major subsidiary of the
company), had entered into an OTC zero-cost collar in respect of in aggregate 400 000 Consolidated
Infrastructure shares, which zero-cost collar would settle in two equal tranches of 200 000 Consolidated
Infrastructure shares each with settlement dates of 15 July 2016 and 29 July 2016 each option in respect
thereof having a spot price of R28.56, a put strike price of R28.56 and a call strike price of R36.04 (the
“Chantilly collar”). As the share price of the Consolidated Infrastructure shares at 15 July 2016 was lower
than the put strike price of R28.56, the Chantilly collar was automatically settled off-market by the retention
of in aggregate 200 000 shares by the relevant counterparty under the Chantilly collar (who held them
pursuant to a pledge and securities loan arrangement) and payment to Chantilly in cash of the put strike
price, being in aggregate R5 712 000.00.

18 July 2016


Sponsor
Java Capital

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