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SABVEST LIMITED - Notification of dealings by directors

Release Date: 16/08/2018 12:05
Code(s): SBV SVN     PDF:  
Wrap Text
Notification of dealings by directors

SABVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003753/06)
Share code: SBV – ordinary shares / SVN – ‘N’ ordinary shares
ISIN: ZAE000006417 – ordinary shares / ISIN: ZAE000012043 – ‘N’ ordinary shares
("Sabvest” or “the Company”)

NOTIFICATION OF DEALINGS BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:

1. Company                        :   Sabvest Limited

   Name of director               :   Christopher Stefan Seabrooke

   Designation of director        :   CEO

   Type and class of securities   :   N ordinary shares

   Nature of transaction          :   On market acquisition through the subscription to the
                                      offer for sale of N shares

   Nature and extent of the :         Indirect non-beneficial interest – purchase by The
   director’s interest in the         Seabrooke Family Trust of which the director is a trustee
   transaction                        and discretionary beneficiary

   Date of trades                 :   15 August 2018

   Price                          :   3460 cents per share

   Number of shares               :   1 000 000

   Transaction value              :   R34 600 000-00

   Permission to deal obtained    :   Yes


2. Company                        :   Sabvest Limited

   Name of director               :   Dawn Nonceba Merle Mokhobo

   Designation of director        :   Independent Non-Executive Chairman

   Type and class of securities   :   N ordinary shares

   Nature of transaction          :   On market acquisition through the subscription to the
                                      offer for sale of N shares
   Nature and extent of the :         Direct beneficial
   director’s interest in the
   transaction

   Date of trades                 :   15 August 2018

   Price                          :   3460 cents per share

   Number of shares               :   30 000

   Transaction value              :   R1 038 000-00

   Permission to deal obtained    :   Yes


3. Company                        :   Sabvest Limited

   Name of director               :   Bhekisisa James Themba Shongwe

   Designation of director        :   Independent Non-Executive Deputy Chairman

   Type and class of securities   :   N ordinary shares

   Nature of transaction          :   On market acquisition through the subscription to the
                                      offer for sale of N shares

   Nature and extent of the :         Direct beneficial
   director’s interest in the
   transaction

   Date of trades                 :   15 August 2018

   Price                          :   3460 cents per share

   Number of shares               :   30 000

   Transaction value              :   R1 038 000-00

   Permission to deal obtained    :   Yes


Sandton
16 August 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 16/08/2018 12:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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