Wrap Text
Dealings in securities
Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone” or “the Company”)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
DEALINGS IN SECURITIES
In terms of paragraphs 3.63 - 3.65 of the JSE Limited (“JSE”) Listings Requirements, Brimstone hereby
provides the following information regarding the dealing in securities by directors, directors of major
subsidiaries, the company secretary and their associates in terms of a cash dividend (“Cash Dividend”),
incorporating an election to receive the Cash Dividend or a scrip dividend as an alternative (the “Scrip
Dividend Alternative”), with the default election being the Scrip Dividend Alternative (“Default”), as
announced on SENS on Tuesday, 6 March 2018:
1. Name of director: MA Brey
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 44 465
Total value: R502 165.03
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 52 145
Total value: R545 593.14
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
2. Name of director: F Robertson
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 31 800
Total value: R359 132.98
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 19 886
Total value: R208 067.22
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
3. Name of director: MI Khan
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 14 013
Total value: R158 255.68
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
4. Name of director: GG Fortuin
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 9 360
Total value: R105 707.07
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
5. Name of director: MK Ndebele
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 3 813
Total value: R43 062.08
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
6. Name of director: N Khan
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 4 582
Total value: R51 746.77
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 5 143
Total value: R53 811.21
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
7. Name of director: M Hewu
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 7 908
Total value: R89 308.92
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 4 134
Total value: R43 254.04
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
8. Name of company secretary: T Moodley
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 20 899
Total value: R236 022.65
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 879
Total value: R9 196.98
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
9. Name of director of major subsidiary: Muhammad Brey
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 14 514
Total value: R163 913.71
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 30
Total value: R313.89
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
10. Name of director of major subsidiary: F Ratheb
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 699
Total value: R7 894.15
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
11. Name of director of major subsidiary: M Rapiya
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 20
Total value: R209.26
Extent of interest: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
Written clearance to deal received: Yes
12. Name of associate: African Peoples Investment Corporation (Pty)
Limited (“APIC”)
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 110
Total value: R1 242.28
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 3 597
Total value: R37 635.41
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson and MA Brey, directors of
Brimstone, have an indirect beneficial holding in
APIC
Written clearance to deal received: Not applicable
13. Name of associate: Friedshelf 1798 Proprietary Limited
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 110 210
Total value: R1 153 127.23
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
MA Brey, a director of Brimstone, has an indirect
beneficial interest in Friedshelf 1798 Proprietary
Limited
Written clearance to deal received: Not applicable
14. Name of associate: Brimstone Management Company (Pty) Limited
(‘’MANCO’’)
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 276
Total value: R2 887.79
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson and MA Brey, directors of
Brimstone, have an indirect beneficial holding in
MANCO
Written clearance to deal received: Not applicable
15. Name of associate: H Investments 157 (Pty) Limited
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 3 346
Total value: R37 788.02
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 2 007
Total value: R20 999.24
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
MA Brey, a director of Brimstone, has an indirect
beneficial interest in H Investments 157 (Pty)
Limited
Written clearance to deal received: Not applicable
16. Name of associate: HMB Brey
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 4 581
Total value: R51 735.48
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 4 020
Total value: R42 061.26
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
HMB Brey is an associate of MA Brey, a director
of Brimstone
Written clearance to deal received: Not applicable
17. Name of associate: Al Akhwan Investments (Pty) Limited
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 27
Total value: R304.92
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 39
Total value: R408.06
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
MA Brey, a director of Brimstone, has an indirect
beneficial interest in Al Akhwan Investments
(Pty) Limited
Written clearance to deal received: Not applicable
18. Name of associate: Breyfin (Proprietary) Limited (“Breyfin”)
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 73 045
Total value: R764 269.84
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
MA Brey, a director of Brimstone, has an indirect
beneficial interest in Breyfin
Written clearance to deal received: Not applicable
19. Name of associate: Robatsi Genesis 26 Proprietary Limited
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 13 380
Total value: R139 994.94
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson, a director of Brimstone, has an
indirect beneficial interest in Robatsi Genesis 26
Proprietary Limited
Written clearance to deal received: Not applicable
20. Name of associate: Commlife Holdings (Proprietary) Limited
(“Commlife”)
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 81 604
Total value: R853 822.65
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson, a director of Brimstone, has an
indirect beneficial interest in Commlife
Written clearance to deal received: Not applicable
21. Name of associate: Friedshelf 1800 (Proprietary) Limited
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 110 210
Total value: R1 153 127.23
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson, a director of Brimstone, has an
indirect beneficial interest in Friedshelf 1800
(Proprietary) Limited
Written clearance to deal received: Not applicable
22. Name of associate: LoA Commlife Ins Specialist Equity Fund (‘’LoA
Commlife’’)
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 12 322
Total value: R128 925.09
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
F Robertson, a director of Brimstone, has an
indirect beneficial interest in LoA Commlife
Written clearance to deal received: Not applicable
23. Name of associate: K Khan
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 9
Total value: R101.64
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 389
Total value: R4 070.11
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
K Khan is an associate of MI Khan, a director of
Brimstone
Written clearance to deal received: Not applicable
24. Name of associate: PG Moodley
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 4 630
Total value: R52 288.86
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 659
Total value: R6 895.12
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
PG Moodley is an associate of T Moodley, the
company secretary of Brimstone
Written clearance to deal received: Not applicable
25. Name of associate: N Moodley
Transaction date: 23 April 2018
Class of securities: “N” ordinary shares
Price per share: R11.29349
Number of shares: 782
Total value: R8 831.51
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
N Moodley is an associate of T Moodley, the
company secretary of Brimstone
Written clearance to deal received: Not applicable
26. Name of associate: Brimshare (Pty) Limited
Transaction date: 23 April 2018
Class of securities: Ordinary shares
Price per share: R10.463
Number of shares: 9 100
Total value: R95 213.30
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
N Khan, a director of Brimstone, has an indirect
beneficial interest in Brimshare (Pty) Limited
Written clearance to deal received: Not applicable
27. Name of associate: X Hewu
Transaction date: 23 April 2018
Class of securities: “N” Ordinary shares
Price per share: R11.29349
Number of shares: 185
Total value: R2 089.30
Extent of interest for associate: Direct beneficial
Nature of transaction: Receipt of shares in terms of the Scrip Dividend
Alternative (off market)
X Hewu is an associate of M Hewu
Written clearance to deal received: Not applicable
It should be noted that, in terms of paragraph 3.70 of the JSE Listings Requirements, the directors had
no discretion over the timing of the Cash Dividend, which election period fell within a closed period as
defined in the JSE Listings Requirements. As such, the JSE granted dispensation to the Company to allow
the Brimstone ordinary and/or Brimstone “N” ordinary share entitlements to vest in favour of the
directors as a result of the Default.
Cape Town
30 April 2018
Sponsor
Nedbank Corporate and Investment Banking
Date: 30/04/2018 10:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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