DIS-CHEM PHARMACIES LIMITED - Directors dealing in securities

Release Date: 15/02/2018 17:44
Code(s): DCP
 
Wrap Text
Directors dealing in securities

DIS-CHEM PHARMACIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/009766/06)
JSE share code: DCP
ISIN: ZAE000227831
(“Dis-Chem”)

DEALING IN SECURITIES

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited,
shareholders are advised of the following transaction by an associate of a director in the Company’s
securities:

 Name of directors:                     Ivan Saltzman, Lynette Saltzman and Saul Saltzman
 Name of associate:                     Ivlyn Proprietary Limited (wholly-owned by the Saltzman
                                        Family Trust, in which Ivan, Lynette and Saul Saltzman have
                                        a beneficial interest)
 Class of securities:                   Ordinary shares
 Nature of transaction:                 Disposal of shares to Ivlyn No 4 Proprietary Limited (a wholly
                                        owned subsidiary of Ivlyn Proprietary Limited) for purposes of
                                        the reorganisation of the Saltzman family’s interest in
                                        Dis-Chem
 Date of transaction:                   13 February 2018
 Number of securities:                  453,041,396
 Price per security:                    R36,38
 Value of transaction:                  R16 481 645 986,48
 Nature and extent of interest:         Indirect beneficial
 Clearance to deal:                     Yes

Johannesburg
15 February 2018

Sponsor:
The Standard Bank of South Africa Limited

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