SASFIN HOLDINGS LIMITED - Dealing in securities by an associate of a Director

Release Date: 24/12/2018 11:48
Code(s): SFNP SFN
 
Wrap Text
Dealing in securities by an associate of a Director

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
Preference Share Code: SFNP       ISIN Number: ZAE000060273
(“Sasfin” or “the Company”)

ANNOUNCEMENT REGARDING THE ACQUISITION OF SECURITIES BY AN ASSOCIATE
OF THE DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following acquisition of securities by an associate of the directors:

 Names of directors:                        Mr MEE Sassoon (Chief Executive Officer of Sasfin)
                                            and Mr RDEB Sassoon (Chief Executive Officer of
                                            Sasfin Bank Limited)


 Names of associates and relationships      Unitas Enterprises Limited (“Unitas”), a wholly owned
 with directors:                            company of The Erwin Discretionary Settlement Trust
                                            of which each of Mr RDEB Sassoon and Mr MEE
                                            Sassoon are discretionary beneficiaries


 Dates of transactions:                     19 December 2018         (1)
                                            20 December 2018         (2)(3)

 Number of ordinary shares:                 13 200                   (1)
                                             2 000                   (2)
                                            22 060                   (3)

 Price per ordinary share:                  R30.00                   (1)
                                            R28.01                   (2)
                                            R30.00                   (3)

 Value of the ordinary shares acquired:     R396 000.00              (1)
                                            R 56 020.00              (2)
                                            R661 800.00              (3)


 Nature of transaction:                     An on-market purchase of Sasfin ordinary shares by
                                            Unitas
 Class of securities:                       Ordinary shares
 Nature of interest of the respective       An indirect discretionary interest
 directors:
 Clearance obtained:                        Not applicable as the acquisition was effected by an
                                            associate of the directors

Johannesburg
24 December 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor to Sasfin
Deloitte & Touché Sponsor Services Proprietary Limited

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