ONELOGIX GROUP LIMITED - Dealings in securities by directors of OneLogix

Release Date: 02/05/2018 13:36
Code(s): OLG
 
Wrap Text
Dealings in securities by directors of OneLogix

ONELOGIX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
JSE share code: OLG ISIN: ZAE000026399
("OneLogix")

DEALINGS IN SECURITIES BY DIRECTORS OF ONELOGIX

Shareholders are advised that Morné Nel, the managing director of Atlas360 Commercial Vehicle
Services Proprietary Limited ("Atlas360"), a subsidiary of OneLogix, has effectively disposed of his
indirect 28.7% interest in Atlas360 in order to facilitate a new 25% Broad-based Black Economic
Empowerment shareholder in Atlas360. Morné has agreed to stay on as managing director of Atlas 360
and to oversee and expand OneLogix's auto repair businesses. To retain a vested interest in OneLogix,
the following directors have agreed to sell a portion of their shareholding in OneLogix to Morné as
further set out below:

Name of director:                                        Cameron McCulloch
Transaction date:                                        30 April 2018
Class of securities:                                     Ordinary shares
Number of securities:                                    716 021
Price per security:                                      R4.00
Total value:                                             R2 864 084.00
Nature of transaction:                                   Off-market disposal
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

Name of director:                                        Geoff Glass
Transaction date:                                        30 April 2018
Class of securities:                                     Ordinary shares
Number of securities:                                    150 000
Price per security:                                      R4.00
Total value:                                             R600 000.00
Nature of transaction:                                   Off-market disposal
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

2 May 2018

Sponsor

Java Capital

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