STELLAR CAPITAL PARTNERS LIMITED - Dealings in securities by an associate of a director

Release Date: 15/03/2019 11:30
Code(s): SCP
 
Wrap Text
Dealings in securities by an associate of a director

STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP
ISIN: ZAE000198586
("Stellar Capital")

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, the following dealings by an
associate of a director of Stellar Capital are disclosed:


COMPANY                          :   Stellar Capital Partners Limited
NAME OF DIRECTOR                 :   MM Ngoasheng
DESIGNATION OF DIRECTOR          :   Independent non-executive
NAME OF ASSOCIATE                :   Modidima Ventures (Pty) Ltd
RELATIONSHIP TO DIRECTOR         :   MM Ngoasheng is the director of the associate
TYPE AND CLASS OF SECURITIES     :   Ordinary shares
NATURE OF TRANSACTION            :   On-market purchases of securities
NATURE AND EXTENT OF DIRECTOR’S  :   Indirect beneficial -Dealings by an associate of a director
INTEREST IN THE TRANSACTION          

DATE OF TRANSACTIONS             :   14 March 2019
VOLUME WEIGHTED AVERAGE PRICE    :   68.23 cents per share
HIGHEST PRICE                    :   70 cents per share
LOWEST PRICE                     :   67 cents per share
NUMBER OF SHARES                 :   230 500
TRANSACTION VALUE                :   R157 270.15
VOLUNTARY CLEARANCE OBTAINED     :   Yes


Cape Town
15 March 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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