RAND MERCHANT INVESTMENT HOLDINGS LIMITED - Dealings in securities by directors

Release Date: 11/04/2018 14:32
Code(s): RMI
 
Wrap Text
Dealings in securities by directors

Rand Merchant Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2010/005770/06)
ISIN: ZAE000210688
JSE ordinary share code: RMI
(“RMI” or “the company”)

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements,
shareholders are advised of the following dealings in securities
by a director of the company and a director of a major subsidiary
of the company.

1. Election of RMI scrip distribution alternative

Director                      :   JA Teeger
Company                       :   RMI
Date of transaction           :   9 April 2018
Nature of transaction         :   Off-market receipt of scrip
                                  distribution shares
Class of securities           :   RMI ordinary shares
Number of securities          :   373
Deemed price per scrip
distribution share            :   4 250 cents
Total value of transaction    :   R15 852.50
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Director                      :   JA Teeger
Company                       :   RMI
Date of transaction           :   9 April 2018
Nature of transaction         :   Off-market receipt of scrip
                                  distribution shares
Class of securities           :   RMI ordinary shares
Number of securities          :   485
Deemed price per scrip
distribution share            :   4 250 cents
Total value of transaction    :   R20 612.50
Nature of interest            :   Indirect beneficial
Clearance obtained            :   Yes

2. Acquisition of RMI ordinary shares by a director of a major
   subsidiary

Director                      :   GL Marx
Company                       :   OUTsurance Holdings Limited
Date of transaction           :   9 April 2018
Nature of transaction         :   On-market acquisition of
                                  shares
Class of securities           :   RMI ordinary shares
Number of securities          :   1 500
Volume weighted average
acquisition price             :   3 985 cents
Highest price                 :   3 994
Lowest price                  :   3 975
Total value of transaction    :   R59 770
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes


Sandton
11 April 2018

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

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