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AFRICAN BANK INVESTMENTS LIMITED - Dealing in securities by a Director

Release Date: 19/11/2013 10:01
Code(s): ABL ABLP ABLN     PDF:  
Wrap Text
Dealing in securities by a Director

(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code: ABL ISIN: ZAE000030060
Preference share code: ABLP ISIN: ZAE000065215
(“ABIL” or “the company”)


Nic Adams, a non-executive director of ABIL, sold nil paid letters on 18 November 2013 to enable him to exercise the
remaining part of his allocation rights in the company’s rights issue.

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

Class of securities                              :   Nil paid letters
Nature of transaction                            :   On market sale of nil paid letters
Date of transaction                              :   18 November 2013
Number of securities                             :   653 093 ABIL nil paid letters
Sale price                                       :   583 cents per letter
Total value of transaction                       :   R3 807 532.19
Nature of interest                               :   Indirect beneficial
Clearance obtained                               :   Yes

19 November 2013

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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