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PURPLE GROUP LIMITED - Dealing in securities by a director and an associate of a director pursuant to the rights offer

Release Date: 09/06/2023 16:30
Code(s): PPE     PDF:  
Wrap Text
Dealing in securities by a director and an associate of a director pursuant to the rights offer

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
(“Purple Group” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR
PURSUANT TO THE RIGHTS OFFER

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

Subscription for Purple Group Rights Offer Shares:

Name of director:                        Mark Barnes
Date of transaction:                     9 June 2023
Nature of transaction:                   Off market subscription for Rights Offer Shares at 81
                                         cents per share
Number of securities:                    316 289
Transaction value:                       R256 194.09
Class of securities:                     Ordinary Shares
Nature of interest:                      Direct beneficial
Clearance to trade:                      Yes

Company:                                 Business Venture Investments No 1847 (RF)
                                         Proprietary Limited (“BVI”)
Name of director:                        Mark Barnes
Relationship with associate:             Mark Barnes is a director of the Company and 100%
                                         shareholder in BVI
Date of transaction:                     9 June 2023
Nature of transaction:                   Off-market subscription for Rights Offer Shares at 81
                                         cents per share
Number of securities:                    7 158 064
Transaction value:                       R5 798 031.84
Class of securities:                     Ordinary Shares
Nature of interest:                      Indirect beneficial

Total number of Rights Offer Shares subscribed for:            7 474 353
Total Rights Offer Subscription amount:                        R 6 054 225.93

Nil paid letters:

Name of director:                        Mark Barnes
Date of transaction:                     5 June 2023
Nature of transaction:                   On market sale of nil paid letters
Number of securities:                    1 924 909
Price per nil paid letter:               17.00 cents
Transaction value:                       R327 234.53
Class of securities:                     Nil paid letters
Nature of interest:                      Direct beneficial
Clearance to trade:                      Yes

Total number of nil paid letters sold:                         1 924 909
Total transaction value:                                       R 327 234.53

Johannesburg
9 June 2023

Company Secretary: CTSE Registry Services Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 09-06-2023 04:30:00
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