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Dealing in securities by a director of a major subsidiary of ARM

Published: 2023-06-02 18:00:23 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”)

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 of the
JSE Limited (“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                Busisiwe Rita Tshabalala
Category of director            Director of ARM Mining Consortium Limited, a
                                major subsidiary of ARM
Date of transaction             31 May 2023
Nature of transaction           On-market sale of shares
Class of securities             Ordinary shares
Number of securities            7 000 shares
Selling price of securities     Volume weighted average price of R203.0616 per
                                share (with a low of R202.71 per share and a
                                high of R 203.40 per share)
Total value of transactions     R1 421 430.93
Nature of interest              Direct, beneficial


The requisite clearance and approvals for this transaction were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.



Sandton
2 June 2023

Sponsor to ARM:
Investec Bank Limited




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