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

SASFIN HOLDINGS LIMITED - Dealing in securities by associates

Release Date: 08/11/2018 15:26
Code(s): SFNP SFN     PDF:  
 
Wrap Text
Dealing in securities by associates

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
Preference Share Code: SFNP       ISIN Number: ZAE000060273
(“Sasfin” or “the Company”)

ANNOUNCEMENT REGARDING THE SALE AND ACQUISITION OF SECURITIES BY
ASSOCIATES OF THE DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following sale and acquisition of securities by associates of the directors:

 Names of directors:                        Mr MEE Sassoon (Chief Executive Officer of Sasfin)
                                            and Mr RDEB Sassoon (Chief Executive Officer of
                                            Sasfin Bank Limited)
 Names of associates and relationships      Unitas Enterprises Limited (“Unitas”), a wholly owned
 with directors:                            company of The Erwin Discretionary Settlement Trust
                                            of which each of Mr RDEB Sassoon and Mr MEE
                                            Sassoon are discretionary beneficiaries; and

                                            Mrs Eva Sassoon (“Mrs Sassoon”), spouse of Mr
                                            RDEB Sassoon
 Date of transactions:                      5 November 2018
 Nature of transactions:                    An on-market purchase of Sasfin ordinary shares by
                                            Unitas from Mrs Sassoon
 Class of securities:                       Ordinary shares
 Number of ordinary shares:                 158 464


 Price per ordinary share:                  R31.00


 Value of the ordinary shares sold and      R4 912 384.00
 acquired:

 Nature of interest of the respective       An indirect discretionary interest
 directors:
 Clearance obtained:                        Not applicable as the acquisition and disposal was
                                            effected by associates of the directors

Johannesburg
8 November 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

Independent Sponsor to Sasfin
Deloitte & Touché Sponsor Services Proprietary Limited

Date: 08/11/2018 03:26:00 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.

Email this JSE Sens Item to a Friend.

Share This Story