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

MASTER DRILLING GROUP LIMITED - Dealings in securities by Directors of the Company

Release Date: 06/04/2020 14:11
Code(s): MDI     PDF:  
 
Wrap Text
Dealings in securities by Directors of the Company

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI
ISIN: ZAE000171948
(“Master Drilling” or the “Company”)

DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY

The Chief Financial Officer of Master Drilling, Andre Jean Van Deventer (Van Deventer), is undertaking a
process to rearrange the ownership of a portion of his interest in Master Drilling, but with no change in the
total of his direct and indirect holding in the Company.

In compliance with the JSE Limited Listings Requirements the following information is disclosed:

Name of director                    Andre Jean van Deventer (Van Deventer)
Name of company                     Master Drilling Group Limited
Date transaction was effected       3 April 2020
Class of security                   Ordinary shares
Deemed share price                  R6,60
Number of shares                    727 648
Deemed value of transaction         R4 802 476,80
Nature of transaction               Off market transfer of ordinary shares. Van Deventer has transferred
                                    727 648 Master Drilling Group Limited shares to his investment company,
                                    Vandev Investments (Pty) Ltd.
Nature of interest                  Change from direct beneficial interest to indirect beneficial interest


Clearance in terms of paragraph 3.66 of the Listings Requirements has been obtained.



Fochville
6 April 2020



Sponsor
Investec Bank Limited

Date: 06-04-2020 02:11:00
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.

Email this JSE Sens Item to a Friend.

Share This Story