PEREGRINE HOLDINGS LIMITED - Dealing in securities by an associate of a director of Peregrine

Release Date: 16/01/2017 15:18
Code(s): PGR
 
Wrap Text
Dealing in securities by an associate of a director of Peregrine

PEREGRINE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/006026/06)
JSE share code: PGR ISIN: ZAE000078127
(“Peregrine”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF PEREGRINE


Shareholders are advised of the following information relating to the dealing in shares by an associate of a
director of Peregrine:

Name of associate:                               PGR 2 Investments Proprietary Limited
Name of director and relationship to director:   Sean Alan Melnick, a director of PGR2 Investments
                                                 Proprietary Limited and a trustee and beneficiary of The
                                                 Stellenberg Trust, which owns 100% of PGR 2 Investments
                                                 Proprietary Limited
Transaction date:                                13 January 2017
Class of securities:                             Ordinary shares
Number of securities:                            3 000 000
Nature of transaction:                           Off-market zero cost collar hedge over 3 000 000 Peregrine
                                                 shares in six equal tranches of 500 000 each with, in each
                                                 case, a put strike price of R29.00 and a call strike price of
                                                 R40.20 and with weekly expiry dates from 20 August 2018
                                                 to 25 September 2018
Nature and extent of director’s interest:        Indirect beneficial

16 January 2017


Joint sponsor
Java Capital


Joint sponsor
Deloitte & Touche Sponsor

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