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AVI LIMITED - Dealing In AVI Shares By A Director Of A Major Subsidiary

Release Date: 15/09/2017 11:15
Code(s): AVI     PDF:  
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Dealing In AVI Shares By A Director Of A Major Subsidiary

AVI Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
(“AVI”)

DEALING IN AVI SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements of
the JSE Limited (“the JSE”), the following information is disclosed:

Name of director         :     Mr KR Phillips
Company                  :     National Brands Limited
Date of transaction      :     13 September 2017
Class of securities      :     Ordinary shares
Nature of transaction    :     Sale of ordinary shares in the market
Price per share          :     R99.01
Number of ordinary shares:     1 000
Aggregate consideration :      R 99 010.00
Extent of interest       :     Direct beneficial

Name of director          :    Mr KR Phillips
Company                   :    National Brands Limited
Date of transaction       :    14 September 2017
Class of securities       :    Ordinary shares
Nature of transaction     :    Sale of ordinary shares in the market
Average price per share :      R98.16
Highest price per share :      R99.50
Lowest price per share    :    R97.68
Number of ordinary shares :    13 000
Aggregate consideration :      R 1 276 080.00
Extent of interest        :    Direct beneficial

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to directors’ dealings as well as the
Listings Requirements of the JSE. The above transaction was done on
market.

Illovo
Sandton
15 September 2017

Sponsor
The Standard Bank of South Africa Limited

Date: 15/09/2017 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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