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NEWPARK REIT LIMITED - Change in the nature of a directors holding of the companys securities

Release Date: 25/11/2016 11:40
Code(s): NRL     PDF:  
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Change in the nature of a director’s holding of the company’s securities

NEWPARK REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2015/436550/06)
JSE share code: NRL  ISIN: ZAE000212783
(Approved as a REIT by the JSE)
(“Newpark”)


CHANGE IN THE NATURE OF A DIRECTOR’S HOLDING OF THE COMPANY’S SECURITIES


Shareholders are advised that on 23 November 2016 Simon Fifield, a director of Newpark, transferred
180 000 Newpark ordinary shares to an associate, Montgomery Investments (Pty) Ltd (“Montgomery”), of
which he is a director and holds an indirect beneficial interest, at a price of R5.94 per share (for a total
transaction value of R1 069 200), with settlement by way of an issue of Montgomery shares. Accordingly,
Simon’s interest in the 180 000 Newpark’s ordinary shares ceases to be a direct beneficial interest and
becomes an indirect beneficial interest. The transaction was conducted off-market and clearance to deal was
obtained.

25 November 2016


Sponsor
Java Capital

Date: 25/11/2016 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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