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TRUSTCO GROUP HOLDINGS LIMITED - Dealings in Trustco Securities by an associate of Dr Quinton van Rooyen

Release Date: 25/02/2019 16:35
Code(s): TTO     PDF:  
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Dealings in Trustco Securities by an associate of Dr Quinton van Rooyen

TRUSTCO GROUP HOLDINGS LIMITED

Incorporated in the Republic of Namibia

(Registration number 2003/058)

Registered as an external company in South Africa

(External registration number 2009/002634/10)

NSX share code: TUC

JSE share code: TTO

ISIN Number: NA000A0RF067

(“Trustco” or “the Company”)



Trustco Group Holdings Limited (“Trustco”) - Dealings in Trustco Securities by an associate of Dr Quinton
van Rooyen.




Background

Trustco Shareholders (“Shareholders”) are referred to the SENS announcements published on 20 February
2019, in terms whereof it was announced that Next Investments, an associate of Dr van Rooyen are in the
process to dispose of a portion of their shareholdings in Trustco in the open market via the JSE trading systems
to raise a portion of the Loan amount.


Shareholders are further advised that Dr van Rooyen and his associates’ shareholding in Trustco represents
55% of the total issued share capital of Trustco. The sale will not lead to a change of control in Trustco. Dr
van Rooyen and his associates will still have the vast majority of their net worth in TTO Shares and remain the
majority and controlling shareholder in Trustco.

All Shareholders and investors can contact the company secretary at amandab@tgh.na should they be
interested to participate in this opportunity.
Dealing by Director

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements, the Company discloses the following
dealings in securities by an associate of an executive director of Trustco:




 Name of Director:             Dr Quinton van Rooyen

 Designation:                  CEO of Trustco and executive director

 Date of transaction:          20 February 2019

 Number of Securities:         1 000 178

 Price per security (cents):   800 cents

 Value of transaction:         R8 001 424.00

 Nature of transaction:       On-market sale of shares

 Class of Security:          Ordinary shares

 Name of associate:          Next Investments Proprietary Limited

 Nature of interest:         Direct beneficial

 Clearance obtained:         Yes



 Name of Director:            Dr Quinton van Rooyen

 Designation:                 CEO of Trustco and executive director

 Date of transaction:         20 February 2019

 Number of Securities:        25 400

 Price per security (cents):  801 cents

 Value of transaction:        R203 454.00

 Nature of transaction:       On-market sale of shares
Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes



Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         1 500

Price per security (cents):   802 cents

Value of transaction:         R12 030.00

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes



Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         13 873

Price per security (cents):   805 cents

Value of transaction:         R111 677.65
Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes




Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         500

Price per security (cents):   811 cents

Value of transaction:         R4 055.00

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes




Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         1 200

Price per security (cents):   815 cents
Value of transaction:         R9 780.00

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes



Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         500

Price per security (cents):   817 cents

Value of transaction:         R4 085.00

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes




Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         30
Price per security (cents):   818 cents

Value of transaction:         R245.40

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes




Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019

Number of Securities:         245

Price per security (cents):   830 cents

Value of transaction:         R2 033.50

Nature of transaction:        On-market sale of shares

Class of Security:            Ordinary shares

Name of associate:            Next Investments Proprietary Limited

Nature of interest:           Direct beneficial

Clearance obtained:           Yes




Name of Director:             Dr Quinton van Rooyen

Designation:                  CEO of Trustco and executive director

Date of transaction:          20 February 2019
 Number of Securities:        1 000

 Price per security (cents):  860 cents

 Value of transaction:        R8 600.00

 Nature of transaction:       On-market sale of shares

 Class of Security:           Ordinary shares

 Name of associate:           Next Investments Proprietary Limited

 Nature of interest:          Direct beneficial

 Clearance obtained:          Yes




 Name of Director:            Dr Quinton van Rooyen

 Designation:                 CEO of Trustco and executive director

 Date of transaction:         20 February 2019

 Number of Securities:         1 000

 Price per security (cents):   880 cents

 Value of transaction:         R8 800.00

 Nature of transaction:        On-market sale of shares

 Class of Security:            Ordinary shares

 Name of associate:            Next Investments Proprietary Limited

 Nature of interest:           Direct beneficial

 Clearance obtained:           Yes




Amanda Bruyns

Company Secretary: Trustco Group Holdings Limited
Windhoek, Namibia

25 February 2019


JSE Sponsor

Vunani Corporate Finance

NSX Sponsor

Simonis Storm Securities Proprietary Limited

Date: 25/02/2019 04:35:00 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.

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