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REINET INVESTMENTS S.C.A - Notification of a managers transaction

Release Date: 12/03/2024 17:00
Code(s): RNI     PDF:  
Wrap Text
Notification of a manager’s transaction

Reinet Investments S.C.A. 
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI
LEI: 222100830RQTFVV22S80


COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE


Notification of a manager's transaction.

Pursuant to the European Union regulation on market abuse, which requires that persons discharging managerial responsibilities within an issuer as well as persons closely associated with them shall notify the issuer of certain transactions, and the issuer shall in turn disclose the information received, Reinet Investments S.C.A. (the "Company") announces the following:

On 11 March 2024, the Company has been notified that on or around the date hereof Reinet Investment Advisors Limited will dispose, as a result of the exercise of a share appreciation rights scheme, of 746 ordinary shares in the Company at a price of EUR 23.8736 per ordinary share. The transaction will be executed outside a trading venue.

Reinet Investment Advisors Limited is the investment advisor of Reinet Fund S.C.A., F.I.S. and also a person closely associated with persons discharging managerial responsibilities within the Company. Prior to the disposal, which is the subject of this notification, it held 864,327 ordinary shares of the Company, which it had acquired to hedge share appreciation rights and related awards to key executives. 

Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.

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

12 March 2024




Reinet Investments S.C.A. (the 'Company') is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. ('Reinet Fund'), a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange. The Company and Reinet Fund together with Reinet Fund's subsidiaries are referred to as 'Reinet'. 


 

Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Legal Entity Identifier : 222100830RQTFVV22S80
Registered office: 35, Blvd Prince Henri, L-1724 Luxembourg, Telephone + 352 22 42 10, Telefax +352 22 72 53
Email: info@reinet.com, website: www.reinet.com

Date: 12-03-2024 05:00:00
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