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JASCO ELECTRONICS HOLDINGS LIMITED - Director Dealing in Securities

Release Date: 05/05/2017 10:30
Code(s): JSC     PDF:  
Wrap Text
Director Dealing in Securities

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC    ISIN: ZAE000003794
("Jasco" or “the Group”)



DIRECTOR DEALING IN SECURITIES


In compliance with the requirements of rules 3.63 to 3.74 of the
JSE Limited Listings Requirements (“Listings Requirements”), the
board approved the dealings in securities by directors and
accordingly the following information is disclosed:

Name of company :         Jasco Electronics Holdings Limited
Name of director :        Warren Prinsloo, an executive director
                          of Jasco
Class of securities :     Jasco ordinary shares
Date of transaction :     3 May 2017
Nature of interest :      Direct beneficial
No of shares :            562 500
Transaction price :       106,8629 cents per share
Nature of transaction :   the shares were granted to Warren Prinsloo
                          on 5 February 2014 at 72 cents per share
                          in terms of the provisions of the Jasco
                          Employee Share Incentive Trust and vested
                          on 5 February 2016 and 5 February 2017.
                          Refer to the SENS announcement dated 24
                          February 2014.
                          The board has elected that the Trust
                          repurchases the shares in accordance with
                          the terms of the Jasco Employee Share
                          Incentive Trust.
Value of transaction :    R601 103.81

Clearance to for the transaction have been obtained in terms of
section 3.66 of the Listings Requirements.
Johannesburg

5 May 2017

Sponsor: Grindrod Bank Limited

Date: 05/05/2017 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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