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IMBALIE BEAUTY LIMITED - Underwriters and directors results of the rights offer and dealings in securities by directors and associates

Release Date: 01/03/2018 16:23
Code(s): ILE     PDF:  
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Underwriters’ and directors’ results of the rights offer and dealings in securities by directors and associates

Imbalie Beauty Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: ILE
ISIN: ZAE000165239
("Imbalie Beauty” or “the Company")
UNDERWRITERS’ AND DIRECTORS’ RESULTS OF THE RIGHTS OFFER AND
DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS
Shareholders are advised that, pursuant to the Imbalie Beauty
rights offer, which closed on Friday, 23 February 2018, the
underwriters, namely Holistics Remedies (Pty) Limited and SA Madiba
Investments (Pty) Limited, have taken up their rights in terms of
their underwriting commitment and have thus fulfilled their
underwriting commitment.

Holistics Remedies (Pty) Limited on-sold 176 500 000 of its rights
offer shares off market to directors of Imbalie Beauty as reported
below.

Shareholders are advised that a director of Imbalie Beauty has
elected to follow her rights and have accordingly, in compliance
with paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, the following is disclosed:



Name of Director                  Deborah Lovella Wolfendale

Company                           Imbalie Beauty Limited

                                  Acquisition pursuant to the
Nature of transaction
                                  Imbalie Beauty Rights Offer

Class of securities               Ordinary shares

Extent of director’s interest     Direct beneficial

Clearance to deal obtained        Yes

Date of transaction               23 February 2018

Number of securities              5 914 461

Price per security                2 cents per ordinary share

Total value                       R118 289.22
Shareholders are further advised that, in compliance with
paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, that as part of his underwriting commitment, a
director of Imbalie Beauty has acquired shares, the following is
disclosed:

Name of Director                  Wessel Petrus van der Merwe

Company                           Imbalie Beauty Limited

                                  SA Madiba Investments (Pty)
Name of associate
                                  Limited

                                  Wessel van der Merwe is the sole
Relationship of associate to
                                  director and shareholder of SA
director
                                  Madiba Investments (Pty) Limited

                                  Acquisition pursuant to the
Nature of transaction
                                  Imbalie Beauty Rights Offer

Class of securities               Ordinary shares

Extent of director’s interest     Indirect beneficial

Clearance to deal obtained        Yes

Date of transaction               23 February 2018

Number of securities              150 000 000

Price per security                2 cents per ordinary share

Total value                       R3 000 000.00



Shareholders are further advised that, in compliance with
paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings
Requirements, the following directors’ dealings are disclosed:



Name of Director                  Esna Colyn

Company                           Imbalie Beauty Limited
                                Off market acquisition of Imbalie
Nature of transaction
                                Beauty shares

Class of securities             Ordinary shares

Extent of director’s interest   Direct beneficial

Clearance to deal obtained      Yes

Date of transaction             28 February 2018

Number of securities            4 000 000

Price per security              2 cents per ordinary share

Total value                     R80 000.00



Name of Director                Gary David Harlow

Company                         Imbalie Beauty Limited

Name of associate               Unihold Group (Pty) Limited

                                Gary Harlow is a director of
Relationship of associate to
                                Unihold Group (Pty) Limited and
director
                                the ultimate shareholder

                                Off market acquisition of Imbalie
Nature of transaction
                                Beauty shares

Class of securities             Ordinary shares

Extent of director’s interest   Indirect beneficial

Clearance to deal obtained      Yes

Date of transaction             28 February 2018

Number of securities            62 500 000

Price per security              2 cents per ordinary share

Total value                     R1 250 000.00



Name of Director                Bhekisisa James Themba Shongwe
Company                         Imbalie Beauty Limited

                                Off market acquisition of Imbalie
Nature of transaction
                                Beauty shares

Class of securities             Ordinary shares

Extent of director’s interest   Direct beneficial

Clearance to deal obtained      Yes

Date of transaction             28 February 2018

Number of securities            10 000 000

Price per security              2 cents per ordinary share

Total value                     R200 000.00



Name of Director                Brent Gerard Kairuz

Company                         Imbalie Beauty Limited

Name of associate               BGK Family Trust

Relationship of associate to    Brent Kairuz is a trustee of the
director                        BGK Family Trust

                                Off market acquisition of Imbalie
Nature of transaction
                                Beauty shares

Class of securities             Ordinary shares

Extent of director’s interest   Indirect beneficial

Clearance to deal obtained      Yes

Date of transaction             28 February 2018

Number of securities            100 000 000

Price per security              2 cents per ordinary share

Total value                     R2 000 000.00



1 March 2018
Woodmead


Designated Advisor
Exchange Sponsors

Date: 01/03/2018 04:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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