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CASHBUILD LIMITED - Dealing in securities by a director

Release Date: 14/09/2018 13:37
Code(s): CSB     PDF:  
Wrap Text
Dealing in securities by a director

(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB ISIN: ZAE000028320
("Cashbuild" or "the company")


Shareholders are referred to the announcement released on SENS on 15 September 2016 which
set out details of A E Prowse entering into an off-market zero-cost collar hedge (“the collar”), in
respect of 26 000 Cashbuild shares, which collar would settle on 13 September 2018 (“the
settlement date”).

As Cashbuild’s share price of R300.00 on the settlement date fell outside the parameters of the
collar, the collar was automatically settled off-market by the retention of 26 000 Cashbuild shares
by the relevant counterparty under the collar and payment to A E Prowse in cash of the put strike
price, being R395.89 per share, amounting to R 10 293 140.00.

The nature and extent of the director’s interest is direct beneficial and written clearance for the
trade was obtained.

14 September 2018

Nedbank Corporate and Investment Banking

Date: 14/09/2018 01:37:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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