TORRE INDUSTRIES LIMITED - Dealings in securities by an associate of a director

Release Date: 30/05/2017 08:57
Code(s): TOR
 
Wrap Text
Dealings in securities by an associate of a director

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre” or “the Company”)

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by an
associate of a director of Torre are disclosed:

COMPANY                           :   Torre Industries Limited
NAME OF DIRECTOR                  :   Christopher S Seabrooke
DESIGNATION OF DIRECTOR           :   Independent non-executive
NAME OF ASSOCIATE                 :   Sabvest      Finance    and
                                      Guarantee Corporation (Pty)
                                      Ltd,    wholly    owned  by
                                      Sabvest Limited which is
                                      controlled by The Seabrooke
                                      Family Trust

TYPE AND CLASS OF SECURITIES      :   Ordinary Shares
NATURE OF TRANSACTION             :   On-market    purchase   of
                                      securities
NATURE AND EXTENT OF DIRECTOR’S   :   Dealing by an associate of
INTEREST IN THE TRANSACTION           a director
DATE OF TRADES                    :   29 May 2017
VOLUME WEIGHTED AVERAGE PRICE     :   138.98 cents
HIGHEST PRICE                     :   139 cents
LOWEST PRICE                      :   138 cents

NUMBER OF SHARES                  :   299 800

TRANSACTION VALUE                 :   R 419 395

PERMISSION TO DEAL OBTAINED       :   Yes


Johannesburg
30 May 2017

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

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