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BRAIT SE - Dealings in securities by associates of a director

Release Date: 10/02/2020 17:42
Code(s): BAT     PDF:  
Wrap Text
Dealings in securities by associates of a director

Brait SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT ISIN: LU0011857645
Bond codes: WKN: A1Z6XC ISIN: XS1292954812 and WKN: A2SBSU ISIN: XS2088760157
LEI code: 549300VB8GBX4UO7WG59
("Brait" or the "Company")

DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR

Further to the announcement released on SENS and the website of the LuxSE on 4 February 2020, Titan Financial
Services Proprietary Limited ("Titan") has informed Brait that Titan and its affilitates have sold an additional
10,663,403 Rights and 1,437,332 Ordinary Shares to the aggregate value of approximately ZAR26 million and that it
will apply the proceeds to subscribe for additional Ordinary Shares pursuant to the rights offer, over and above the
ZAR1,000 million commitment already provided.

1. Dealings in securities

      In accordance with the requirements of European Union regulations and the JSE Limited, the notification and
      public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated
      with them is set out below:

 1.        Details of the persons discharging managerial responsibilities/person closely associated
 a)        Name                                Incapart Investments Proprietary Limited ("Incapart")

 2.        Reason for the notification
 a)        Position / status                   Person Closely Associated with a PDMR^
 b)        Initial notification /              Initial notification
           amendment

 3.        Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
           monitor
 a)        Name                                Brait SE
 b)        LEI                                 549300VB8GBX4UO7WG59

 4.        "Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted"
 a)        Description of the financial        Rights issued pursuant to the Rights Offer
           instrument, type of instrument
           Identification code                 BATN ISIN: MT2000680212
 b)        Nature of the transaction           Sale of Rights
 c)        Price(s) and volume(s)              Price(s)                             Volume(s)
                                               ZAR1.31                              7,200,000
 d)        Aggregated information
           Aggregated volume                   7,200,000
           Price                               ZAR1.31
 e)        Date of the transaction             2020-02-05
 f)        Place of the transaction            On market (Johannesburg Stock Exchange)

 4.        Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)        Description of the financial        Ordinary Shares
           instrument, type of instrument
           Identification code                 BAT ISIN: LU0011857645
 b)        Nature of the transaction           Sale of ordinary shares
 c)        Price(s) and volume(s)              Price(s)                             Volume(s)
                                               ZAR8.05                              186,055
 d)        Aggregated information
           Aggregated volume                   186,055
           Price                               ZAR8.05
 e)        Date of the transaction             2020-02-06
 f)        Place of the transaction            On market (Johannesburg Stock Exchange)

 4.        Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)        Description of the financial        Rights issued pursuant to the Rights Offer
           instrument, type of instrument
           Identification code                 BATN ISIN: MT2000680212
 b)        Nature of the transaction           Sale of Rights
 c)        Price(s) and volume(s)              Price(s)                             Volume(s)
                                               ZAR1.41                              1,000,000
 d)        Aggregated information
           Aggregated volume                   1,000,000
           Price                               ZAR1.41
 e)        Date of the transaction             2020-02-06
 f)        Place of the transaction            On market (Johannesburg Stock Exchange)

 4.        Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)        Description of the financial         Ordinary Shares
           instrument, type of instrument
           Identification code                  BAT ISIN: LU0011857645
 b)        Nature of the transaction            Sale of ordinary shares
 c)        Price(s) and volume(s)               Price(s)                            Volume(s)
                                                ZAR8.01                             472,957
 d)        Aggregated information
           Aggregated volume                    472,957
           Price                                ZAR8.01
 e)        Date of the transaction              2020-02-07
 f)        Place of the transaction             On market (Johannesburg Stock Exchange)

 4.        Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)        Description of the financial              Rights issued pursuant to the Rights Offer
           instrument, type of instrument
           Identification code                  BATN ISIN: MT2000680212
 b)        Nature of the transaction            Sale of Rights
 c)        Price(s) and volume(s)               Price(s)                            Volume(s)
                                                ZAR1.41                             1,000,000
 d)        Aggregated information
           Aggregated volume                    1,000,000
           Price                                ZAR1.41
 e)        Date of the transaction              2020-02-07
 f)        Place of the transaction             On market (Johannesburg Stock Exchange)

 4.        Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
           transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)        Description of the financial        Ordinary Shares
           instrument, type of instrument
           Identification code                  BAT ISIN: LU0011857645
 b)        Nature of the transaction            Sale of ordinary shares
 c)        Price(s) and volume(s)               Price(s)                            Volume(s)
                                                ZAR8.00                             778,320
 d)        Aggregated information
           Aggregated volume                    778,320
           Price                                ZAR8.00
 e)        Date of the transaction              2020-02-10
 f)        Place of the transaction             On market (Johannesburg Stock Exchange)

 4.       Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of
          transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)       Description of the financial        Rights issued pursuant to the Rights Offer
          instrument, type of instrument
          Identification code                   BATN ISIN: MT2000680212
 b)       Nature of the transaction             Sale of Rights
 c)       Price(s) and volume(s)                Price(s)                            Volume(s)
                                                ZAR1.40                             1,463,403
 d)       Aggregated information
          Aggregated volume                     1,463,403
          Price                                 ZAR1.40
 e)       Date of the transaction               2020-02-10
 f)       Place of the transaction              On market (Johannesburg Stock Exchange)

^ Incapart is ultimately controlled by a trust of which Dr Christo Wiese (a director of Brait) is a trustee and beneficiary.

Malta
10 February 2020

Brait is primarily listed and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange and its
secondary listing is on the exchange operated by the JSE Limited.

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

Date: 10-02-2020 05:42:00
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