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Dealing in securities

Published: 2022-06-08 15:46:36 ET
<<<  go to JSE:BRT company page
Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone")
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN

DEALING IN SECURITIES

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information
relating to the dealing in securities, is disclosed:

1.   Executive director:                     MA Brey
     Date of transaction:                    7 June 2022
     Class of securities:                    “N” ordinary shares
     Price per security:                     R7.09083 per share (based on the 30 day volume weighted
                                             average price (“VWAP”) up to and including 27 May 2022)
     Number of securities:                   106 281
     Total value:                            R753 620.50
     Nature of transaction:                  Sale of shares (on market) to settle tax expenses in respect
                                             of the vesting of shares in terms of the Brimstone
                                             Investment Corporation Limited Forfeitable Share Plan
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes

2.   Executive Chairman:                     F Robertson
     Date of transaction:                    7 June 2022
     Class of securities:                    “N” ordinary shares
     Price per security:                     R7.09083 per share (based on the 30 day VWAP up to and
                                             including 27 May 2022)
     Number of securities:                   105 824
     Total value:                            R750 379.99
     Nature of transaction:                  Sale of shares (on market) to settle tax expenses in respect
                                             of the vesting of shares in terms of the Brimstone
                                             Investment Corporation Limited Forfeitable Share Plan
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes

3.   Executive director:                     MI Khan
     Date of transaction:                    7 June 2022
     Class of securities:                    “N” ordinary shares
     Price per security:                     R7.09083 per share (based on the 30 day VWAP up to and
                                             including 27 May 2022)
     Number of securities:                   67 000
     Total value:                            R475 085.61
     Nature of transaction:                  Sale of shares (on market) to settle tax expenses in respect
                                             of the vesting of shares in terms of the Brimstone
                                             Investment Corporation Limited Forfeitable Share Plan
     Extent of interest:                     Direct beneficial
     Written clearance to deal received:     Yes

4.   Executive director:                     GG Fortuin
     Date of transaction:                    7 June 2022
     Class of securities:                    “N” ordinary shares
     Price per security:                       R7.09083 per share (based on the 30 day VWAP up to and
                                               including 27 May 2022)
     Number of securities:                     110 620
     Total value:                              R784 387.62
     Nature of transaction:                    Sale of shares (on market) to settle tax expenses in respect
                                               of the vesting of shares in terms of the Brimstone
                                               Investment Corporation Limited Forfeitable Share Plan
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

5.   Executive Director/Company secretary:     T Moodley
     Date of transaction:                      7 June 2022
     Class of securities:                      “N” ordinary shares
     Price per security:                       R7.09083 per share (based on the 30 day VWAP up to and
                                               including 27 May 2022)
     Number of securities:                     31 109
     Total value:                              R220 588.63
     Nature of transaction:                    Sale of shares (on market) to settle tax expenses in respect
                                               of the vesting of shares in terms of the Brimstone
                                               Investment Corporation Limited Forfeitable Share Plan
     Extent of interest:                       Direct beneficial
     Written clearance to deal received:       Yes

The above trades took place in terms of a specific authority to repurchase “N” ordinary shares granted by
Brimstone shareholders on 30 May 2022, which enables Septen Investments Proprietary Limited, a wholly
owned subsidiary of Brimstone, to repurchase the “N” ordinary shares from participants of the Brimstone
Investment Corporation Limited Forfeitable Share Plan.

Cape Town
8 June 2022

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited