To view the PDF file, sign up for a MySharenet subscription.

NEWPARK REIT LIMITED - Dealings in securities by an associate of a director of Newpark

Release Date: 23/05/2018 15:05
Code(s): NRL     PDF:  
Wrap Text
Dealings in securities by an associate of a director of Newpark

NEWPARK REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2015/436550/06)
JSE share code: NRL  ISIN: ZAE000212783
(Approved as a REIT by the JSE)
(“Newpark” or “the company”)  

                                                               
DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


Shareholders are advised that on 23 August 2016 BD van Wyk, a director of Newpark, acquired the entire 
issued share capital of Marble Gold 167 (Pty) Ltd (“Marble Gold”). Marble Gold held 2 796 976 shares in 
Newpark as its only asset and the deemed purchase price per share was R6,24 per share.

On the same day, 23 August 2016, Renlia Developments (Pty) Ltd, an associate of BD van Wyk acquired 
2 118 800 shares in Newpark from Marble Gold at a purchase price of R6,24 per share. This transaction was 
announced on SENS on 24 August 2016 and clearance to deal was obtained for the transaction.

The remaining balance of the shares Marble Gold holds in Newpark had the effect of increasing BD van Wyk’s
indirect beneficial interest in Newpark shares by 678 176. The consideration for this transaction was 
R4 231 818,24. This was an indirect off-market purchase of Newpark’s ordinary shares and clearance to deal 
was not obtained for this part of the transaction.

23 May 2018


Designated advisor
Java Capital

Date: 23/05/2018 03:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story