Try our mobile app

Dealing in shares – transfer of shares from a director to an associate

Published: 2022-08-12 18:15:32 ET
<<<  go to JSE:ISB company page
Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)


DEALING IN SHARES – TRANSFER OF SHARES FROM A DIRECTOR TO AN
ASSOCIATE


Shareholders are advised that the Company’s CEO, Mr Frederik Botha, transferred Insimbi
shares held by him to an associate company.

Mr Botha’s effective exposure to the shares in question will remain the same, albeit that they
are now held indirectly via the associate company.

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                                Frederik Botha

 COMPANY OF WHICH A DIRECTOR                     Insimbi Industrial Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Transfer of shares (off-market transaction)

 DATE OF TRANSACTION                             11 August 2022

 PRICE PER SECURITY                              R1.03

 NUMBER OF SECURITIES TRANSACTED                 36 847 300

 TOTAL RAND VALUE OF SECURITIES                  R37 952 719
 TRANSACTED

 NAME OF ASSOCIATE                               African Goshawk (Pty) Ltd

 RELATIONSHIP WITH DIRECTOR                      Mr F Botha is a director and the sole
                                                 shareholder of the associate

 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.

Johannesburg
12 August 2022
Sponsor
PSG Capital