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ARB HOLDINGS LIMITED - Directors Dealings In Securities

Release Date: 27/12/2018 09:15
Code(s): ARH     PDF:  
 
Wrap Text
Directors’ Dealings In Securities

ARB HOLDINGS LIMITED
(Registration number:    1986/002975/06)
Share code: ARH
ISIN: ZAE000109435
(“ARB”)

DIRECTORS’ DEALINGS IN SECURITIES

In compliance with sections 3.63 to 3.74 of the Listings
Requirements of the JSE, shareholders are advised of the
following transactions in the ordinary shares in ARB:

Name of Director:                   Alan R Burke
Position:                           Non-executive Chairman of ARB Holdings
                                    Limited


Name of associates:                 Burke Consolidated Holdings (Pty) Ltd,
                                    a company owned 100% by Alan Ronald
                                    Burke and the Burke Investment Trust.
Class of securities:                Ordinary shares in ARB Holdings Limited
Nature of transaction:             Disposal of shares by Alan Ronald Burke
                                   and the Burke Investment Trust to Burke
                                   Consolidated Holdings (Pty) Ltd, a
                                   company whose only shareholders are
                                   Alan Ronald Burke and the Burke
                                   Investment Trust, for purposes of the
                                   reorganization of Alan Ronald Burke’s
                                   interest in ARB Holdings.
Date of transaction:               24 December 2018
Number & price of securities:      119 074 865 shares @ R5.40cents per
                                   share
Total value of transaction:        R643 004 271.00
Nature of transaction:             Off    market   purchase    by    Burke
                                   Consolidated Holdings (Pty) Ltd
Nature and extent of interest:     Indirect beneficial
Clearance obtained:                Yes

27 December 2018
Durban

Sponsor:
Grindrod Bank Limited

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