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CONDUIT CAPITAL LIMITED - Dealings in Securities by a Director and an Associate of a Director

Release Date: 05/02/2019 17:49
Code(s): CND     PDF:  
 
Wrap Text
Dealings in Securities by a Director and an Associate of a Director

CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND ISIN: ZAE000073128

DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                                         Mr William N Thorndike Jr
Company:                                                  Conduit Capital Limited
Type of securities:                                       Shares
Class of securities:                                      Ordinary
Nature of the transaction:                                Off market sale*
Extent of director’s interest:                            Direct beneficial
Date of transaction:                                      1 December 2018
Price per security:                                       R1.57
Number of securities:                                     4 320 000
Total value:                                              R6 782 400.00
Clearance to deal obtained:                               No

Name of director:                                         Mr William N Thorndike Jr
Company:                                                  Conduit Capital Limited
Name of associate:                                        Sun Mountain Fund LP
Relationship of director to associate:                    Limited Partner; also a Member of Sun Mountain
                                                          Partners, LLC, which is the General Partner of Sun
                                                          Mountain Fund, LP
Type of securities:                                       Shares
Class of securities:                                      Ordinary
Nature of the transaction:                                Off market purchase*
Extent of director’s interest:                            Indirect beneficial
Date of transaction:                                      1 December 2018
Price per security:                                       R1.57
Number of securities:                                     4 320 000
Total value:                                              R6 782 400.00

*The detailed nature of the transaction is a contribution in kind to a limited partnership by Mr William N
Thorndike Jr.

Johannesburg
5 February 2019

Sponsor
Merchantec Capital

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