To view the PDF file, sign up for a MySharenet subscription.

RAND MERCHANT INVESTMENT HOLDINGS LIMITED - Dealings in securities by directors

Release Date: 11/04/2018 14:32
Code(s): RMI     PDF:  
Wrap Text
Dealings in securities by directors

Rand Merchant Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2010/005770/06)
ISIN: ZAE000210688
JSE ordinary share code: RMI
(“RMI” or “the company”)

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements,
shareholders are advised of the following dealings in securities
by a director of the company and a director of a major subsidiary
of the company.

1. Election of RMI scrip distribution alternative

Director                      :   JA Teeger
Company                       :   RMI
Date of transaction           :   9 April 2018
Nature of transaction         :   Off-market receipt of scrip
                                  distribution shares
Class of securities           :   RMI ordinary shares
Number of securities          :   373
Deemed price per scrip
distribution share            :   4 250 cents
Total value of transaction    :   R15 852.50
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Director                      :   JA Teeger
Company                       :   RMI
Date of transaction           :   9 April 2018
Nature of transaction         :   Off-market receipt of scrip
                                  distribution shares
Class of securities           :   RMI ordinary shares
Number of securities          :   485
Deemed price per scrip
distribution share            :   4 250 cents
Total value of transaction    :   R20 612.50
Nature of interest            :   Indirect beneficial
Clearance obtained            :   Yes

2. Acquisition of RMI ordinary shares by a director of a major
   subsidiary

Director                      :   GL Marx
Company                       :   OUTsurance Holdings Limited
Date of transaction           :   9 April 2018
Nature of transaction         :   On-market acquisition of
                                  shares
Class of securities           :   RMI ordinary shares
Number of securities          :   1 500
Volume weighted average
acquisition price             :   3 985 cents
Highest price                 :   3 994
Lowest price                  :   3 975
Total value of transaction    :   R59 770
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes


Sandton
11 April 2018

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 11/04/2018 02:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story