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

Release Date: 24/10/2016 11:28
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” or “the Company”)


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                  :   Christopher S Seabrooke
DESIGNATION OF DIRECTOR           :   Independent non-executive
NAME OF ASSOCIATE                 :   Sabvest     Finance     and
                                      Guarantee       Corporation
                                      (Pty) Ltd, controlled by
                                      The Seabrooke Family Trust



TYPE AND CLASS OF SECURITIES      :   Ordinary Shares
NATURE OF TRANSACTION             :   On-market    purchase   of
                                      securities
NATURE     AND     EXTENT    OF   :   Dealing by an associate of
DIRECTOR’S   INTEREST   IN  THE       a director
TRANSACTION
DATE OF TRADES                    :   21 October 2016
VOLUME WEIGHTED AVERAGE PRICE     :   175.85 cents
HIGHEST PRICE                     :   179 cents
LOWEST PRICE                      :   175 cents

NUMBER OF SHARES                  :   300 000

TRANSACTION VALUE                 :   R 527 560

PERMISSION TO DEAL OBTAINED       :   Yes


Johannesburg
24 October 2016

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

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