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TORRE INDUSTRIES LIMITED - Dealings in securities by an associate of a director

Release Date: 21/10/2016 08:00
Code(s): TOR     PDF:  
Wrap Text
Dealings in securities by an associate of a director

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR



In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by an
associate of a director of Torre are disclosed:


COMPANY                          :   Torre Industries Limited
NAME OF DIRECTOR                 :   MM Ngoasheng
DESIGNATION OF DIRECTOR          :   Independent non-executive
NAME OF ASSOCIATE                :   Modidima Ventures (Pty)
                                     Ltd




TYPE AND CLASS OF SECURITIES     :   Ordinary shares
NATURE OF TRANSACTION            :   On-market purchase of
                                     securities
NATURE     AND     EXTENT     OF :   Indirect beneficial   -
DIRECTOR’S   INTEREST   IN   THE     Dealing by an associate of
TRANSACTION                          a director
DATE OF TRADE                    :   19 October 2016
PRICE PER SHARE                  :   R1.86
NUMBER OF SHARES                 :   125 000

TRANSACTION VALUE                :   R232 500

VOLUNTARY CLEARANCE OBTAINED     :   Yes


Johannesburg
21 October 2016

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

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