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BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 07/12/2017 16:39
Code(s): BRT BRN     PDF:  
Wrap Text
Dealing in securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone”)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN

DEALING IN SECURITIES

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information,
relating to the dealing in securities by an associate of a director is disclosed:

Name of associate:                               Lion of Africa Life Assurance Company Limited (“Lion
                                                 Life Assurance”)
Class of securities:                             “N” Ordinary shares
Transaction date:                                1 December 2017
Price per security:                              R12.25
Number of securities:                            100 000
Total value:                                     R1 225 000
Extent of interest for associate:                Direct beneficial
Nature of transactions:                          Off market sale
                                                 F Robertson, a director of Brimstone, has an indirect
                                                 beneficial holding of 100% in Lion Life Assurance
                                                 through the Robatsi Family Trust
Written clearance to deal received:              Not applicable

Name of associate:                               African Monarch 710 Investment Holdings (Proprietary)
                                                 Limited (“African Monarch”)

Class of securities:                             “N” Ordinary shares
Transaction date:                                7 December 2017
Price per security:                              R12.00
Number of securities:                            8 001
Total value:                                     R96 012

Class of securities:                             Ordinary shares
Transaction date:                                7 December 2017
Price per security:                              R12.00
Number of securities:                            2 002
Total value:                                     R24 024

Extent of interest for associate:                Direct beneficial
Nature of transactions:                          On market purchase
                                                 F Robertson and MA Brey, directors of Brimstone, each
                                                 have an indirect beneficial holding of 25% in the share
                                                 capital of African Monarch
Written clearance to deal received:              Not applicable

Name of associate:                               African People Investment Company (“APIC”)
Class of securities:                             Ordinary shares
Transaction date:                                7 December 2017
Price per security:                              R12.50
Number of securities:                            56 000
Total value:                                     R700 000
Extent of interest for associate:                Direct beneficial
Nature of transactions:                          Off market purchase
                                                 F Robertson and MA Brey, directors of Brimstone, have
                                                 an indirect beneficial holding of 74% and 15%
                                                 respectively in APIC
Written clearance to deal received:              Not applicable

Cape Town
7 December 2017

Sponsor
Nedbank Corporate and Investment Banking

Date: 07/12/2017 04:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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