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PRESCIENT LIMITED - Dealings in Securities by a Director

Release Date: 26/07/2016 16:33
Code(s): PCT     PDF:  
Wrap Text
Dealings in Securities by a Director

Prescient Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PCT        ISIN: ZAE000163531
("Prescient" or "the Company")

DEALING IN SECURITIES BY A DIRECTOR

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

Director:                   Hermanus Steyn
Office held:                Executive director of Prescient Limited
Class of securities:        Ordinary shares
Nature of transaction:      Sale (Off-Market transaction) of shares from STING Trust to FISC Investment
                            Management
Date of transaction:        22 July 2016
Number of securities:       272 394 774
Cents per share:            98 cents
Total Rand value:           R 266 946 878.52
Nature of interest:         Indirect Beneficial
Clearance obtained:         Yes

This is a transfer of shares from STING Trust to FISC Investment Management with Hermanus Steyn
being the beneficial owner of both entities. Following this transaction, there is no change to the
beneficial ownership of Hermanus Steyn in Prescient.

Director:                   Nitesh Vallabh
Office held:                Executive director of PBT Group (a major subsidiary of Prescient Limited)
Class of securities:        Ordinary shares
Nature of transaction:      Sale (Off-Market transaction) of shares from Prescient Empowerment Trust
                            (PET) to Nitesh Vallabh
Date of transaction:        25 July 2016
Number of securities:       644 682
Cents per share:            100 cents
Total Rand value:           R 644 682
Nature of interest:         Indirect Beneficial to Direct Beneficial
Clearance obtained:         Yes

This is a transfer of shares from shares held within PET to Nitesh. Nitesh previously held the PCT
shares indirectly through an investment in a preference share issued by PET.

Cape Town
26 July 2016
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 26/07/2016 04:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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