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OCEANA GROUP LIMITED - Dealings in Securities by a Director and Associates of a Director

Release Date: 30/04/2019 17:01
Code(s): OCE     PDF:  
 
Wrap Text
Dealings in Securities by a Director and Associates of a Director

OCEANA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
(“Oceana”)


DEALINGS IN SECURITIES BY A DIRECTOR AND ASSOCIATES OF A DIRECTOR

Further to the unbundling by Tiger Brands Limited (“Tiger Brands”) of its
entire shareholding in Oceana (“the Unbundling”), the following information
is disclosed in terms of paragraphs 3.63 to 3.74 of the Listings Requirements
of the JSE Limited (“JSE”) in respect of shareholdings in Tiger Brands:


Name of director:                      Mr N Doyle
Name of company:                       Oceana
Class of shares:                       Ordinary shares
Nature of transaction:                 Off-market receipt of Oceana shares
                                       following the Unbundling
Date of transaction:                   29 April 2019
Number of Oceana shares:               2 744.72955 Oceana shares
Price per Oceana share:                R 73.00 being the closing price of
                                       Oceana shares on Monday, 29 April
                                       2019
Total value of transaction:            R 200 359.84 (including the
                                       fractional entitlement payment* of
                                       R47.84 for 0.72955 Oceana shares
                                       referred to above)
Nature and extent of interest:         Direct beneficial
Clearance to deal obtained:            Yes


Name of director:                     Mr MA Brey
Name of associate:                    Mrs HMB Brey, wife of Mr Brey
Company:                              Oceana
Class of shares:                      Ordinary shares
Nature of transaction:                Off-market receipt of Oceana shares
                                      following the Unbundling
Date of transaction:                  29 April 2019
Number of Oceana shares:              50.70377 Oceana shares
Price per Oceana share:               R 73.00 being the closing price of
                                      Oceana shares on Monday, 29 April
                                      2019
Total value of transaction:           R 3 696.15 (including the fractional
                                      entitlement payment* of R46.15 for
                                      0.70377 Oceana shares referred to
                                      above)
Nature and extent of interest:        Indirect beneficial
Clearance to deal obtained:           Not applicable


Name of director:                     Mr MA Brey
Name of associate:                    Breyfin Family Trust
Name of company:                      Oceana
Class of shares:                      Ordinary shares
Nature of transaction:                Off-market receipt of Oceana shares
                                      following the Unbundling
Date of transaction:                  29 April 2019
Number of Oceana shares:              129.34635 Oceana shares
Price per share:                      R 73.00 being the closing price of
                                      Oceana shares on Monday, 29 April
                                      2019
Total value of transaction:           R 9 439.71 (including the fractional
                                      entitlement payment* of R22.71 for
                                      0.34635 Oceana ordinary shares
                                      referred to above)
Nature and extent of interest:        Indirect beneficial
Clearance to deal obtained:           Not applicable


* As announced in the Tiger Brands announcement published on the Stock
Exchange News Service of the JSE on 25 April 2019, fractional entitlements
were paid out at R65.58 per Oceana share, which was determined in accordance
with the JSE Listings Requirements.


30 April 2019
Cape Town

Sponsor - South Africa: The Standard Bank of South Africa Limited

Sponsor - Namibia: Old Mutual Investment Services (Namibia) Proprietary
Limited

Date: 30/04/2019 05:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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