To view the PDF file, sign up for a MySharenet subscription.

BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealings in securities

Release Date: 17/09/2019 16:58
Code(s): BRT BRN     PDF:  
Wrap Text
Dealings in securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone")
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN

DEALING IN SECURITIES

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

1.   Executive director:                      MA Brey
     Date of transaction:                     11 September 2019
     Class of securities:                     “N” ordinary shares
     Price:                                   R9.185 per share
     Number of securities:                    323 220
     Total value:                             R2 968 775.70
     Nature of transaction:                   Grant and acceptance of forfeitable shares
                                              in terms of the Brimstone Investment
                                              Corporation Limited Forfeitable Share Plan
                                              (off-market)
     Vesting period:                          With effect from 4 March 2022
     Extent of interest:                      Indirect beneficial

     Date of vesting:                         4 March 2019
     Date of release of shares:               17 September 2019 (this date was delayed
                                              due to Brimstone being in a closed period)
     Class of securities:                     “N” ordinary shares
     Vesting price:                           R9.183 per share
     Number of securities:                    64 977
     Total value:                             R596 683.79
     Nature of transaction:                   19.9% vesting of forfeitable shares in terms
                                              of the Brimstone Investment Corporation
                                              Limited Forfeitable Share Plan (off market)
     Extent of interest:                      Direct beneficial

     Written clearance to
     deal received:                           Yes

2.   Executive Chairman:                      F Robertson
     Date of transaction:                     11 September 2019
     Class of securities:                     “N” ordinary shares
     Price:                                   R9.185 per share
     Number of securities:                    323 220
     Total value:                             R2 968 775.70
     Nature of transaction:                   Grant and acceptance of forfeitable shares
                                              in terms of the Brimstone Investment
                                              Corporation Limited Forfeitable Share Plan
                                              (off-market)
     Vesting period:                          With effect from 4 March 2022
     Extent of interest:                      Indirect beneficial

     Date of vesting:                         4 March 2019
     Date of release of shares:               17 September 2019 (this date was delayed
                                              due to Brimstone being in a closed period)
     Class of securities:                     “N” ordinary shares
     Vesting price:                           R9.183 per share
     Number of securities:                    64 828
     Total value:                             R595 315.52
     Nature of transaction:                   19.9% vesting of forfeitable shares in terms
                                              of the Brimstone Investment Corporation
                                              Limited Forfeitable Share Plan (off market)
     Extent of interest:                      Direct beneficial
     Written clearance to
     deal received:                           Yes

3.   Executive director:                      MI Khan
     Date of transaction:                     11 September 2019
     Class of securities:                     “N” ordinary shares
     Strike price:                            R9.185 per share
     Number of securities:                    171 144
     Total value:                             R1 571 957.64
     Nature of transaction:                   Grant and acceptance of forfeitable shares
                                              in terms of the Brimstone Investment
                                              Corporation Limited Forfeitable Share Plan
                                              (off-market)
     Vesting period:                          With effect from 4 March 2022
     Extent of interest:                      Indirect beneficial

     Date of vesting:                         4 March 2019
     Date of release of shares:               17 September 2019 (this date was delayed
                                              due to Brimstone being in a closed period)
     Class of securities:                     “N” ordinary shares
     Vesting price:                           R9.183 per share
     Number of securities:                    21 188
     Total value:                             R194 569.40
     Nature of transaction:                   19.8% vesting of forfeitable shares in terms
                                              of the Brimstone Investment Corporation
                                              Limited Forfeitable Share Plan (off market)
     Extent of interest:                      Direct beneficial
     Written clearance to
     deal received:                           Yes

4.   Executive director:                     GG Fortuin
     Date of transaction:                    11 September 2019
     Class of securities:                    “N” ordinary shares
     Strike price:                           R9.185 per share
     Number of securities:                   145 553
     Total value:                            R1 336 904.31
     Nature of transaction:                  Grant and acceptance of forfeitable shares
                                             in terms of the Brimstone Investment
                                             Corporation Limited Forfeitable Share Plan
                                             (off-market)
     Vesting period:                         With effect from 4 March 2022
     Extent of interest:                     Indirect beneficial
     Date of vesting:                        4 March 2019
     Date of release of shares:              17 September 2019 (this date was delayed
                                             due to Brimstone being in a closed period)
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R9.183 per share
     Number of securities:                   17 576
     Total value:                            R161 400.41
     Nature of transaction:                  19.1% vesting of forfeitable shares in terms
                                             of the Brimstone Investment Corporation
                                             Limited Forfeitable Share Plan (off market)
     Extent of interest:                     Direct beneficial
     Written clearance to
     deal received:                          Yes

5.   Executive Director/Company secretary:   T Moodley
     Date of transaction:                    11 September 2019
     Class of securities:                    “N” ordinary shares
     Strike price:                           R9.185
     Number of securities:                   91 453
     Total value:                            R839 995.81
     Nature of transaction:                  Grant and acceptance of forfeitable shares
                                             in terms of the Brimstone Investment
                                             Corporation Limited Forfeitable Share Plan
                                             (off-market)
     Vesting period:                         With effect from 4 March 2022
     Extent of interest:                     Indirect beneficial

     Date of vesting:                        4 March 2019
     Date of release of shares:              17 September 2019 (this date was delayed
                                             due to Brimstone being in a closed period)
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R9.183 per share
     Number of securities:                   9 189
     Total value:                            R84 382.59
     Nature of transaction:                  19.7% vesting of forfeitable shares in terms
                                             of the Brimstone Investment Corporation
                                             Limited Forfeitable Share Plan (off market)
     Extent of interest:                     Direct beneficial
     Written clearance to
     deal received:                          Yes

6.   Director of a major subsidiary:         Muhammad Brey
                                             (Sea Harvest Group Limited)
     Date of vesting:                        4 March 2019
     Date of release of shares:              17 September 2019 (this date was delayed
                                             due to Brimstone being in a closed period)
     Class of securities:                    “N” ordinary shares
     Vesting price:                          R9.183 per share
     Number of securities:                   9 985
     Total value:                            R91 692.26
     Nature of transaction:                  19.8% vesting of forfeitable shares in terms
                                             of the Brimstone Investment Corporation
                                             Limited Forfeitable Share Plan (off market)
    Extent of interest:                      Direct beneficial
    Written clearance to
    deal received:                           Yes

Cape Town
17 September 2019

Sponsor
Nedbank Corporate and Investment Banking

Date: 17/09/2019 04:58:00
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.

Share This Story