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Dealings in securities

Buy African Rainbow Minerals Stocks
Published: 2022-11-16 18:30:32 ET
<<<  go to JSE:ARI company page
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or “the Company”)


DEALINGS IN SECURITIES


A.   DEALING IN SECURITIES BY A NON-EXECUTIVE DIRECTOR OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the
JSE Limited (“the Listings Requirements”), we hereby provide the following
information regarding dealings in ARM securities by a Non-Executive Director
of ARM:

Name of director               Michael Arnold
Category of director           Non-executive Director
Date of transactions           14 November 2022
Nature of transactions         On-market sale of shares
Class of securities            Ordinary shares
Number of securities           33 331 shares
Selling price of securities    33 331 shares with a volume weighted average
                               price of R291.4712 per share (with a low of
                               R290.25 per share and a high of R293.00 per
                               share).
Total value of transactions    R9 715 025
Nature of interest             Direct, beneficial


B.   DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements, we
hereby provide the following information regarding dealings in ARM securities
by a Director of ARM Mining Consortium Limited, a major subsidiary of the
Company:

Name of director               Princess Sibusiso Thwala
Category of director           Director of ARM Mining Consortium Limited, a
                               major subsidiary of ARM
Date of transactions           15 November 2022
Nature of transactions         On-market sale of shares
Class of securities            Ordinary shares
Number of securities           5 000 shares
Selling price of securities    5 000 shares with a volume weighted average
                               price of R290.6298 per share (with a low of
                               R290.00 per share and a high of R291.97 per
                               share
Total value of transactions    R1 453 149
Nature of interest             Direct, beneficial



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The requisite clearances and approvals for these transactions were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.




Sandton
16 November 2022

Sponsor to ARM:
Investec Bank Limited




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