Enhanced Investments - Financial Portal

Dealings by an associate of a director

Published: 2023-11-29 13:00:46 ET

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)




DEALINGS BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information is disclosed:

 NAME OF DIRECTOR                              Loyiso Dotwana

 COMPANY OF WHICH A DIRECTOR                   Afrimat Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE               Non-Executive

 TYPE AND CLASS OF SECURITIES                  Ordinary shares

 NATURE OF TRANSACTIONS                        Sale of shares by an associate of
                                               a director (on-market transactions) (1 – 2)

 DATES OF TRANSACTIONS                         27 November 2023 (1)

                                               28 November 2023 (2)

 PRICE PER SECURITY (CENTS)                    (1) High: 5 640 cents
                                                   Low: 5 600 cents
                                                   VWAP: 5 607 cents

                                               (2) High: 5 610 cents
                                                   Low: 5 600 cents
                                                   VWAP: 5 600 cents

 NUMBER OF SECURITIES TRANSACTED               79 329 (1)

                                               135 671 (2)

 TOTAL RAND VALUE OF SECURITIES                R4 448 262.74 (1)
 TRANSACTED
                                               R7 597 853.80 (2)


 NAME OF ASSOCIATE                             Mega Oils Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                    Director and shareholder of the associate
 NATURE AND EXTENT OF INTEREST IN               Indirect, beneficial
 THE TRANSACTIONS


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


Cape Town
29 November 2023

Sponsor
Valeo Capital (Pty) Ltd

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.