Enhanced Investments - Financial Portal

Dealings in shares by associates of directors

Published: 2023-08-24 12:17:28 ET

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
 (“Argent” or “the Company”)


DEALINGS IN SHARES BY ASSOCIATES OF DIRECTORS


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                                T R Hendry

 COMPANY OF WHICH A DIRECTOR                     Argent

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive director

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Sale of shares by an associate of director
                                                 (on-market transaction)

 DATE OF TRANSACTIONS                               (1) 21 August 2023
                                                    (2) 22 August 2023
                                                    (3) 23 August 2023

 PRICE PER SECURITY                                 (1) High: R15.79
                                                        Low: R15.78
                                                        VWAP: R15.79
                                                    (2) R15.77
                                                    (3) High: R15.80
                                                        Low: R15.77
                                                        VWAP: R15.78

 NUMBER OF SECURITIES TRANSACTED                    (1) 32 540
                                                    (2) 508
                                                    (3) 57 000

 TOTAL RAND VALUE OF SECURITIES                     (1) R513 733.52
 TRANSACTED                                         (2) R8 011.16
                                                    (3) R899 411.50

 NATURE AND EXTENT OF INTEREST IN Indirect, beneficial
 THE TRANSACTION

 NAME OF ASSOCIATE                               NWN Automotive Precision Engineering
                                                 Pty Ltd

 RELATIONSHIP WITH DIRECTOR                      Shareholder
NAME OF DIRECTOR                      A F Litschka

COMPANY OF WHICH A DIRECTOR           Argent

STATUS: EXECUTIVE/NON-EXECUTIVE       Executive director

TYPE AND CLASS OF SECURITIES          Ordinary shares

NATURE OF TRANSACTIONS                Sale of shares by an associate of director
                                      (on-market transaction)

DATE OF TRANSACTIONS                     (1) 21 August 2023
                                         (2) 22 August 2023
                                         (3) 23 August 2023

PRICE PER SECURITY                       (1) High: R15.79
                                             Low: R15.78
                                             VWAP: R15.79
                                         (2) R15.77
                                         (3) High: R15.80
                                             Low: R15.77
                                             VWAP: R15.78

NUMBER OF SECURITIES TRANSACTED          (1) 10 847
                                         (2) 169
                                         (3) 19 000

TOTAL RAND VALUE OF SECURITIES           (1) R171 244.50
TRANSACTED                               (2) R2 665.13
                                         (3) R299 803.84

NATURE AND EXTENT OF INTEREST IN Indirect, beneficial
THE TRANSACTION

NAME OF ASSOCIATE                     NWN Automotive Precision Engineering
                                      Pty Ltd

RELATIONSHIP WITH DIRECTOR            Shareholder



NAME OF DIRECTOR                      S J Cox

COMPANY OF WHICH A DIRECTOR           Argent

STATUS: EXECUTIVE/NON-EXECUTIVE       Executive director

TYPE AND CLASS OF SECURITIES          Ordinary shares

NATURE OF TRANSACTIONS                Sale of shares by an associate of director
                                      (on-market transaction)

DATE OF TRANSACTIONS                     (1) 21 August 2023
                                         (2) 22 August 2023
                                         (3) 23 August 2023
 PRICE PER SECURITY                                (1) High: R15.79
                                                       Low: R15.78
                                                       VWAP: R15.79
                                                   (2) R15.77
                                                   (3) High: R15.80
                                                       Low: R15.77
                                                       VWAP: R15.78

 NUMBER OF SECURITIES TRANSACTED                   (1) 10 847
                                                   (2) 169
                                                   (3) 19 000

 TOTAL RAND VALUE OF SECURITIES                    (1) R171 244.50
 TRANSACTED                                        (2) R2 665.13
                                                   (3) R299 803.84

 NATURE AND EXTENT OF INTEREST IN Indirect, beneficial
 THE TRANSACTION

 NAME OF ASSOCIATE                              NWN Automotive Precision Engineering
                                                Pty Ltd

 RELATIONSHIP WITH DIRECTOR                     Shareholder


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Durban
24 August 2023

Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.