SASFIN HOLDINGS LIMITED - Dealing in securities by associates of directors and disclosure in terms of section 122

Dealing in securities by associates of directors and disclosure in terms of section 122

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
Preference Share Code: SFNP       ISIN Number: ZAE000060273
(“Sasfin” or “the Company”)

ANNOUNCEMENT REGARDING:

-   THE SALE AND ACQUISITION OF SECURITIES BY ASSOCIATES OF DIRECTORS;
    AND

-   THE DISCLOSURE OF AN ACQUISITION OF SECURITIES IN TERMS OF SECTION
    122 OF THE COMPANIES ACT

1. The sale and acquisition of securities by associates of directors

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the Company hereby discloses the following sale and acquisition of securities by
associates of directors:

Names of directors:                        Mr RDEB Sassoon (Chief Executive Officer)
                                           Mr MEE Sassoon (Executive Director)
Name of company:                           Sasfin Holdings Limited
Names of associates and relationship       -    Unitas Enterprises Limited (“Unitas”), a wholly
with directors:                                 owned company of The Erwin Discretionary
                                                Settlement Trust of which each of Mr RDEB
                                                Sassoon and Mr MEE Sassoon are discretionary
                                                beneficiaries; and
                                           -    Rolbase     Investments   Proprietary Limited
                                                (“Rolbase”), a wholly owned company of The
                                                Sassoon Children’s Trust of which Mr RDEB
                                                Sassoon is a trustee and a discretionary
                                                beneficiary and Mr MEE Sassoon is a
                                                discretionary beneficiary
Date of transactions:                      8 November 2017
Nature of transactions:                    An off-market disposal of Sasfin ordinary shares by
                                           Rolbase to Unitas
Class of securities:                       Ordinary shares
Number of ordinary shares:                 751 349 ordinary shares
Disposal/acquisition price per ordinary    R47.00
share:
Value of the ordinary shares               R35 313 403
sold/acquired:
Nature of interest of the respective       An indirect discretionary interest
directors:
Clearance obtained:                        Not applicable as each of the acquisition and
                                           disposal was effected by an associate of the directors


2. Disclosure of an acquisition of securities

    In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended
    (“Companies Act”) and section 3.83(b) of the Listings Requirements, Sasfin shareholders
   are hereby advised that the Company has received formal notification in the prescribed
   manner that Unitas has acquired an interest in the securities of the Company
   (“Acquisition”). Following the Acquisition, the total direct interest in the securities of the
   Company held by Unitas has increased from 38.7% to 41.0% of the total issued share
   capital of the Company and the direct interest in the securities held by Rolbase has
   decreased from 2.3% to 0.0% of the total issued share capital of the Company.



Johannesburg
9 November 2017

Lead Sponsor to Sasfin
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor to Sasfin
Deloitte & Touche Sponsor Services (Pty) Ltd

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