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

4SIGHT HOLDINGS LIMITED - Dealings in securities by a director and by a director of a major subsidiary of the company

Release Date: 22/12/2023 12:15
Code(s): 4SI     PDF:  
Wrap Text
Dealings in securities by a director and by a director of a major subsidiary of the company

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
JSE share code: 4SI ISIN: ZAE000324059
("4Sight" or "the Company")


DEALINGS IN SECURITIES BY A DIRECTOR AND BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY


Shareholders are referred to the announcement published on 25 April 2018 regarding the acquisition by 4Sight of
4Sight Systems Proprietary Limited (previously known as AccTech Systems Proprietary Limited) ("Systems") and
Dynamics Africa Services Proprietary Limited ("Dynamics Africa") (the "Acquisition").

Prior to the announcement and implementation of the Acquisition, an agreement was concluded between the
shareholders of Systems and Dynamics Africa and certain members of their respective management teams at the time
(the "Nominated Employees") whereby the Nominated Employees would also participate in the Acquisition through
the receipt of 4Sight shares.

The parties now wish to give effect to this agreement and as such, the shares owing to the Nominated Employees will
be transferred to them from Silver Knight Trustees Proprietary Limited ("Silver Knight"). Any tax liabilities arising
from the transfer of the 4Sight shares will be settled by the Nominated Employees in cash.

Accordingly, shareholders are advised of the following dealings in securities by a director and by a director of 
a major subsidiary of the Company:

Name of director:                                           Eric van der Merwe
Transaction date:                                           20 December 2023
Class of securities:                                        Ordinary shares
Number of securities:                                       1 137 670
Deemed price per security:                                  R0.47
Deemed value of the transaction:                            R534 704.90
Nature of transaction:                                      Off-market receipt of shares from Silver Knight
Nature and extent of director's interest:                   Direct beneficial
Clearance to deal received                                  Yes

Name of director:                                           Nicolaas Hendrik Botha
Name of subsidiary company:                                 Dynamics Africa Services (Pty) Ltd
Transaction date:                                           20 December 2023
Class of securities:                                        Ordinary shares
Number of securities:                                       1 315 226
Deemed price per security:                                  R0.47
Deemed value of the transaction:                            R618 156.22
Nature of transaction:                                      Off-market receipt of shares from Silver Knight
Nature and extent of director's interest:                   Direct beneficial
Clearance to deal received                                  Yes

22 December 2023


Designated advisor
Java Capital

Date: 22-12-2023 12:15:00
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