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CLOVER INDUSTRIES LIMITED - Dealing in securities by associates of directors

Release Date: 26/04/2017 12:00
Code(s): CLR     PDF:  
Wrap Text
Dealing in securities by associates of directors

Clover Industries Limited
Incorporated in the Republic of South Africa)
Registration number 2003/030429/06)
Ordinary Share code: CLR
NSX Ordinary Share code: CLN
ISIN No: ZAE000152377
(“Clover” or “the Company”)

DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS

In   compliance  with   the   JSE  Limited   Listings  Requirements,
shareholders are hereby advised of the following dealings in
securities by associates of directors of the Company under the terms
of the Scrip Distribution, the results of which were announced on
the Stock Exchange News Service on 24 April 2017.

Director                       :   Johann Hendrik Vorster
Associate                      :   Magdaleen Vorster (wife)
Company                        :   Clover Industries Limited
Nature of transaction          :   Off-market (primary issue) receipt
                                   of Scrip Distribution shares
Number of Scrip Distribution
shares                         :   4783
Deemed price per Scrip
Distribution shares            :   1909 cents
Total value of shares          :   R91 307.47
Nature of interest             :   Held by an associate

Director                       :   Johann Hendrik Vorster
Associate                      :   Kara Klopper (daughter)
Company                        :   Clover Industries Limited
Nature of transaction          :   Off-market (primary issue) receipt
                                   of Scrip Distribution shares
Number of Scrip Distribution
shares                         :   140
Deemed price per Scrip
Distribution shares            :   1909 cents
Total value of shares          :   R2 672.60
Nature of interest             :   Held by an associate

Director                       :   Johann Hendrik Vorster
Associate                      :   Yuka Vorster (daughter)
Company                        :   Clover Industries Limited
Nature of transaction          :   Off-market (primary issue) receipt
                                   of Scrip Distribution shares
Number of Scrip Distribution
shares                         :   126
Deemed price per Scrip
Distribution shares            :   1909 cents
Total value of shares          :   R2 405.34
Nature of interest             :   Held by an associate
Director                       :   Werner Ignatius Buchner
Associate                      :   Werner Buchner Family Trust
Company                        :   Clover Industries Limited
Nature of transaction          :   Off-market (primary issue) receipt
                                   of Scrip Distribution shares
Number of Scrip Distribution
shares                         :   6092
Deemed price per Scrip
Distribution shares            :   1909 cents
Total value of shares          :   R116 296.28
Nature of interest             :   Held by an associate

Director                       :   Nigel Athol Smith
Associate                      :   Sunnyside Farming Trust
Company                        :   Clover Industries Limited
Nature of transaction          :   Off-market (primary issue) receipt
                                   of Scrip Distribution shares
Number of Scrip Distribution
shares                         :   11271
Deemed price per Scrip
Distribution shares            :   1909 cents
Total value of shares          :   R215 163.39
Nature of interest             :   Held by an associate


Johannesburg
26 April 2017

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

NSX Sponsor
IJG Securities

Date: 26/04/2017 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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