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TORRE INDUSTRIES LIMITED - Amendment to notification of dealings in securities by an associate of a director

Release Date: 27/10/2016 09:37
Code(s): TOR     PDF:  
Wrap Text
Amendment to notification of 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”)


AMENDMENT TO NOTIFICATION      OF    DEALINGS   IN   SECURITIES   BY   AN
ASSOCIATE OF A DIRECTOR



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
DATE OF ORIGINAL NOTIFICATION :          24 October 2016
ON SENS

AMENDMENT                            :   The original notification
                                         was   for   300 000   shares
                                         traded as evidenced by two
                                         brokers   notes.   One   was
                                         incorrect   and   has   been
                                         reversed. The trade was
                                         for   200 000    shares   in
                                         total
AMENDED     NUMBER   OF     SHARES :
TRADED                                   200 000(previously
                                     :   reported 300 000)
AMENDED     VOLUME        WEIGHTED       177.43          (previously
AVERAGE PRICE                        :   reported 175.85 cents)
HIGHEST PRICE                        :   179 cents
LOWEST PRICE                         :   175 cents


AMENDED TRANSACTION VALUE            :   R 354 872 (previously
                                         reported R 527 560)
  
PERMISSION TO DEAL OBTAINED          :   Yes


Johannesburg
27 October 2016

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

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