ARGENT INDUSTRIAL LIMITED - Dealings in Shares by Associates of Directors

Release Date: 15/03/2019 14:55
Code(s): ART
 
Wrap Text
Dealings in Shares by Associates of Directors

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
(“Argent” or “the Company”)

DEALINGS IN SHARES BY ASSOCIATES OF DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

NAME OF DIRECTOR                                T Scharrighuisen

COMPANY OF WHICH A DIRECTOR                     Argent

STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Sale of shares by a director (on-market
                                                transaction

NATURE OF ASSOCIATE                             Giflo Trading Proprietary Limited

RELATIONSHIP WITH DIRECTOR                      Shareholder

DATE OF TRANSACTION                             13 March 2019

PRICE PER SECURITY                              (1) R4.90
                                                (2) R4.91
                                                (3) R4.92
NUMBER OF SECURITIES TRANSACTED                 (1) 1 985 000
                                                (2) 10 000
                                                (3) 5 000
TOTAL RAND VALUE OF SECURITIES                  (1) R9 725 500
TRANSACTED                                      (2) R49 100
                                                (3) R24 600
 
NATURE AND EXTENT OF INTEREST IN                Indirect beneficial
THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited
Listings Requirements.

Umhlanga
15 March 2019

Sponsor
PSG Capital

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