DENEB INVESTMENTS LIMITED - Exercise Of Options By Director In Terms Of The Deneb Long Term Incentive Scheme And Sale Of Securities By Director

Release Date: 06/07/2018 13:00
Code(s): DNB
 
Wrap Text
Exercise Of Options By Director In Terms Of The Deneb Long Term Incentive Scheme And Sale Of Securities By Director

DENEB INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/091290/06)
Share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)

EXERCISE OF OPTIONS BY DIRECTOR IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME
AND SALE OF SECURITIES BY DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements,
the following information is disclosed:


  NAME OF DIRECTOR                        G Wege
  COMPANY OF WHICH I AM A DIRECTOR        Deneb Investments Limited
  STATUS:EXECUTIVE/NON-EXECUTIVE          Executive
  TYPE OF SECURITIES                      Shares
  CLASS OF SECURITIES                     Ordinary
  DATE OF TRANSACTION                     5 July 2018
  CENTS PER SHARE                         223
  NUMBER OF SECURITIES TRANSACTED         182,765
  TOTAL RAND VALUE OF SECURITIES          R407,565.95
  NATURE OF TRANSACTION                   Delivery of ordinary shares
                                          through the exercise of Deneb Long
                                          Term Incentive Scheme options
                                          granted and accepted in 2014 at an
                                          adjusted strike price of 44 cents
                                          strike price (off-market)
  NATURE AND EXTENT OF INTEREST IN THE    Direct beneficial
  TRANSACTION
  CLEARANCE OBTAINED                      Yes


  NAME OF DIRECTOR                        G Wege
  COMPANY OF WHICH I AM A DIRECTOR        Deneb Investments Limited
  STATUS:EXECUTIVE/NON-EXECUTIVE          Executive
  TYPE OF SECURITIES                      Shares
  CLASS OF SECURITIES                     Ordinary
  DATE OF TRANSACTION                     5 July 2018
  CENTS PER SHARE                         220
  NUMBER OF SECURITIES TRANSACTED         49,057
  TOTAL RAND VALUE OF SECURITIES          R107,925.40
  NATURE OF TRANSACTION                   Sale of ordinary shares
                                          (on-market)
  NATURE AND EXTENT OF INTEREST IN THE    Direct beneficial
  TRANSACTION
  CLEARANCE OBTAINED                      Yes


Clearance to deal in these shares was obtained in accordance with rule 3.66 of the
JSE Listings Requirements.

Cape Town
6 July 2018

Sponsor
PSG Capital

Date: 06/07/2018 01:00:00 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.

Email this JSE Sens Item to a Friend.

Share This Story