REMGRO LIMITED - Dealings in securities by the company secretary

Release Date: 30/11/2017 17:36
Code(s): REM
 
Wrap Text
Dealings in securities by the company secretary

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
(ISIN: ZAE000026480)
(Share code: REM)

DEALINGS IN SECURITIES BY THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Name of company secretary      : DI Heynes
Company                        : Remgro Limited

Nature of transactions         : Off market exercise of share
                                 appreciation rights (SARs), as
                                 well as the subsequent on
                                 market sale of shares
Date of exercise of SARs       : 29 November 2017
offered in the past
Number and offer price of      : 153 @ R92.83
SARs exercised                   898 @ R142.04
Exercise price                 : R209.50
Total growth value of          : R78 429.59
exercise

Number of shares received in   : 376
respect of SARs
exercised
Date of sale of shares         : 29 November 2017
Number and selling price of    : 86 @ R212.49 per share
shares sold

Number and volume weighted     : 290 @ R212.4745 per share
average selling price
Highest price                  : R212.48
Lowest price                   : R212.47

Total value of shares sold     : R79 891.75
Class of security              : Ordinary shares
Nature of interest             : Direct beneficial
Clearance obtained             : Yes


Stellenbosch
30 November 2017

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

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