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BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealings in securities by associates

Release Date: 04/04/2018 17:12
Code(s): BRT BRN     PDF:  
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Dealings in securities by associates

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

DEALINGS IN SECURITIES BY ASSOCIATES

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following
information, relating to the dealings in securities by associates of directors is disclosed:

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

          a)     Transaction date:               10 October 2017
                 Class of securities:            “N” ordinary shares
                 Price per security:             R12.50
                 Number of securities:           500 000
                 Total value:                    R6 250 000

          b)     Transaction date:               9 October 2017
                 Class of securities:            “N” ordinary shares
                 Price per security:             R12.50
                 Number of securities:           5 214
                 Total value:                    R65 175

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 Peoples Investment Corporation (Pty)
                                                 Limited (“APIC”)

        a)       Transaction date:               3 July 2017
                 Class of securities:            Ordinary shares
                 Price per security:             R13.50
                 Number of securities:           50 000
                 Total value:                    R675 000

        b)       Transaction date:               31 August 2017
                 Class of securities:            “N” ordinary shares
                 Price per security:             R12.70
                 Number of securities:           2 725
                 Total value:                    R34 607.50

        c)       Transaction date:               31 August 2017
                 Class of securities:            “N” ordinary shares
                 Price per security:             R12.84
                 Number of securities:           775
                 Total value:                    R9 951.00

Extent of interest for associate:                Direct beneficial
Nature of transaction:                           On market purchase
                                                 F Robertson and MA Brey, directors of Brimstone,
                                                 had at the applicable time an indirect beneficial
                                                 holding of 54% and 12% respectively in APIC
Written clearance to deal received:              Not applicable


4 April 2018

Sponsor
Nedbank Corporate and Investment Banking

Date: 04/04/2018 05:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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