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PHUMELELA GAMING & LEISURE LIMITED - Dealings in securities by directors

Release Date: 13/01/2017 16:10
Code(s): PHM     PDF:  
Wrap Text
Dealings in securities by directors

Phumelela Gaming & Leisure Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/016610/06)
Share code: PHM ISIN: ZAE000039269

Dealings in securities by directors

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


Director                      :   V Moodley
Number of shares              :   120 000
Date of transaction           :   13 January 2017
Value of underlying securities:   R2 640 000
Price per share               :   R22.00
Class of shares               :   Ordinary
Nature of transaction         :   Sale, on market
Nature of interest            :   Direct Beneficial


Director                      :   M Ramafalo
Number of shares              :   188 675
Date of transaction           :   13 January 2017
Value of underlying securities:   R4 150 944.34
Price per share               :   R22.0005
Class of shares               :   Ordinary
Nature of transaction         :   Sale, on market
Nature of interest            :   Direct Beneficial


The sale of the shares were concluded to cover, inter alia,
the director’s tax obligations in respect of shares received
in terms of the Phumelela Executive Share Option Scheme as
announced on 17 November and 1 December 2016.

The Chairman of Phumelela Gaming and Leisure granted clearance
for the above transactions.

Johannesburg
13 January 2017

Sponsor and Investment Bank
Investec Bank Limited

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