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BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealing in Securities

Release Date: 03/05/2023 14:00
Code(s): BRT BRN     PDF:  
Wrap Text
Dealing in Securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
(“Brimstone")


DEALING IN SECURITIES


In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information is
disclosed relating to the dealing in securities, by directors and the company secretary of Brimstone.

The following trades took place in terms of a specific authority to repurchase “N” ordinary shares granted
by Brimstone shareholders on 30 May 2022 (“Specific Authority”), which enables Septen Investments
Proprietary Limited, a wholly owned subsidiary of Brimstone, to repurchase the “N” ordinary shares from
participants of the Brimstone Investment Corporation Limited Forfeitable Share Plan (“Brimstone FSP”).
Details of the Specific Authority are contained in the notice of annual general meeting to Brimstone
shareholders, dated 28 April 2022.


1.   Executive director:                       MA Brey
     Date of transaction:                      26 April 2023
     Class of securities:                      “N” ordinary shares
     Price per security:                       R6.19776 per share (based on the 30 day volume weighted
                                               average price (“VWAP”) up to and including 6 March 2023)
     Number of securities:                     150 981
     Total value:                              R936 082.20
     Nature of transaction:                    Sale of shares (on market) in terms of the Specific
                                               Authority to repurchase vested shares resulting from the
                                               Brimstone FSP.
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

2.   Executive Chairman:                       F Robertson
     Date of transaction:                      26 April 2023
     Class of securities:                      “N” ordinary shares
     Price per security:                       R6.19776 per share (based on the 30 day VWAP up to and
                                               including 6 March 2023)
     Number of securities:                     150 981
     Total value:                              R936 082.20
     Nature of transaction:                    Sale of shares (on market) in terms of the Specific
                                               Authority to repurchase vested shares resulting from the
                                               Brimstone FSP.
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

3.   Executive director:                       MI Khan
     Date of transaction:                      26 April 2023
     Class of securities:                      “N” ordinary shares
     Price per security:                       R6.19776 per share (based on the 30 day VWAP up to and
                                               including 6 March 2023)
     Number of securities:                     79 598
     Total value:                              R493 507.60
     Nature of transaction:                    Sale of shares (on market) in terms of the Specific
                                               Authority to repurchase vested shares resulting from the
                                               Brimstone FSP.
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

4.   Executive director:                       GG Fortuin
     Date of transaction:                      26 April 2023
     Class of securities:                      “N” ordinary shares
     Price per security:                       R6.19776 per share (based on the 30 day VWAP up to and
                                               including 6 March 2023)
     Number of securities:                     152 316
     Total value:                              R944 359.20
     Nature of transaction:                    Sale of shares (on market) in terms of the Specific
                                               Authority to repurchase vested shares resulting from the
                                               Brimstone FSP.
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

5.   Executive Director/Company secretary:     T Moodley
     Date of transaction:                      26 April 2023
     Class of securities:                      “N” ordinary shares
     Price per security:                       R6.19776 per share (based on the 30 day VWAP up to and
                                               including 6 March 2023)
     Number of securities:                     45 124
     Total value:                              R279 768.80
     Nature of transaction:                    Sale of shares (on market) in terms of the Specific
                                               Authority to repurchase vested shares resulting from the
                                               Brimstone FSP.
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes


Cape Town
3 May 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 03-05-2023 02:00:00
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