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COMAIR LIMITED - Dealings in Securities by a Director

Release Date: 08/01/2020 15:16
Code(s): COM     PDF:  
 
Wrap Text
Dealings in Securities by a Director

Comair Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1967/006783/06)
ISIN: ZAE00002983
Share Code: COM
(“Comair” or “the Company”)

DEALINGS IN SECURITIES BY A DIRECTOR

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                                Piet Van Hoven

COMPANY OF WHICH A DIRECTOR                     Comair Limited
 
STATUS                                          Independent Non - Executive Director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

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

DATE OF TRANSACTION                             19 December 2019
 
PRICE PER SECURITY                              (1) R2.85
                                                (2) R2.86

NUMBER OF SECURITIES TRANSACTED                 (1) 66 755
                                                (2) 28 545

TOTAL RAND VALUE OF SECURITIES                  (1) R190 251.75
TRANSACTED                                      (2) R81 638.70

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION



NAME OF DIRECTOR                                Piet Van Hoven

COMPANY OF WHICH A DIRECTOR                     Comair Limited

STATUS                                          Independent Non - Executive Director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

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

DATE OF TRANSACTION                             20 December 2019
 
PRICE PER SECURITY                              (1) R2.99
                                                (2) R3.00

NUMBER OF SECURITIES TRANSACTED                 (1) 12 177
                                                (2) 7 151

TOTAL RAND VALUE OF SECURITIES                  (1) R36 409.23
TRANSACTED                                      (2) R21 453

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION



NAME OF DIRECTOR                                Piet Van Hoven

COMPANY OF WHICH A DIRECTOR                     Comair Limited

STATUS                                          Independent Non - Executive Director

TYPE AND CLASS OF SECURITIES                    Ordinary shares

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

DATE OF TRANSACTION                             23 December 2019

PRICE PER SECURITY                              (1) R2.83
                                                (2) R2.85
                                                (3) R2.86
                                                (4) R2.88
                                                (5) R2.90

NUMBER OF SECURITIES TRANSACTED                 (1)   26 604
                                                (2)   43 666
                                                (3)   3 000
                                                (4)   3 400
                                                (5)   3 134

TOTAL RAND VALUE OF SECURITIES                  (1)   R75 289.32
TRANSACTED                                      (2)   R124 448.10
                                                (3)   R8 580
                                                (4)   R9 792
                                                (5)   R9 088.60

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION



NAME OF DIRECTOR                               Piet Van Hoven

COMPANY OF WHICH A DIRECTOR                    Comair Limited

STATUS                                         Independent Non - Executive Director

TYPE AND CLASS OF SECURITIES                   Ordinary shares

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

DATE OF TRANSACTION                            24 December 2019

PRICE PER SECURITY                             (1) R2.82
                                               (2) R2.85

NUMBER OF SECURITIES TRANSACTED                (1) 8 715
                                               (2) 1 500

TOTAL RAND VALUE OF SECURITIES                 (1) R24 576.30
TRANSACTED                                     (2) R4 275

NATURE AND EXTENT OF INTEREST IN               Direct, beneficial
THE TRANSACTION



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

Bonaero Park
8 January 2020

Sponsor
PSG Capital




IMPORTANT NOTICE TO FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS

FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS IN COMAIR LIMITED (“COMAIR”) SHOULD
NOTE THAT, IN ORDER TO ENABLE COMAIR (AS A LICENSED AIR SERVICES OPERATOR IN SOUTH
AFRICA) TO REMAIN COMPLIANT WITH THE FOREIGN OWNERSHIP RESTRICTION CONTAINED
SECTIONS 16(4)(c) AND 19(a) OF THE AIR SERVICES LICENSING ACT, NO. 115 OF 1990, THE VOTING
RIGHTS OF FOREIGN SHAREHOLDERS MAY BE DECREASED PROPORTIONATELY SUCH THAT THE
VOTING RIGHTS OF FOREIGN SHAREHOLDERS DO NOT, IN AGGREGATE, EXCEED 24.99%. FOREIGN
SHAREHOLDERS AND PROSPECTIVE INVESTORS ARE REFERRED TO THE COMAIR’S MEMORANDUM OF
INCORPORATION AND WEBSITE (www.comair.co.za) FOR FURTHER DETAILS. IF FOREIGN
SHAREHOLDERS OR PROSPECTIVE INVESTORS ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE THEY
SHOULD SEEK ADVICE FROM THEIR BROKER, ATTORNEY OR OTHER PROFESSIONAL ADVISER.

Date: 08-01-2020 03:16:00
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