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Dealing in Securities by an Associate of Directors

Published: 2024-11-13 10:30:19 ET
<<<  go to JSE:SFN company page
SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share Code: SFN ISIN Number: ZAE000006565
(“Sasfin” or “the Company”)

DISPOSAL OF SECURITIES BY AN ASSOCIATE OF DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements and pursuant
to the details outlined in the circular to Sasfin Shareholders published on 1 November 2024, the
Company hereby discloses the following disposal of securities by Unitas Enterprises Limited
(“Unitas”), an associate of directors, to Wipfin Investments Proprietary Limited, a major shareholder
of Sasfin (“Wipfin”):

Names of directors:                          Mr MEE Sassoon (Chief Executive Officer)
                                             Mr RDEB Sassoon (Non-Executive Director)
Name of company:                             Sasfin Holdings Limited
Name of associate and relationship with      Unitas, 33.33% of which is owned by the Redwood
directors:                                   Trust of which RDEB Sassoon is a discretionary
                                             beneficiary and 33.33% of which is owned by the
                                             Ezra Trust of which RDEB Sassoon and MEE
                                             Sassoon are discretionary beneficiaries
Date of transaction:                         12 November 2024
Nature of transaction:                       An off-market disposal of Sasfin ordinary shares by
                                             Unitas to Wipfin
Class of securities:                         Ordinary Sasfin shares
Number of ordinary shares:                   1 252 842 ordinary Sasfin shares
Disposal price per ordinary share:           R30.00
Value of the ordinary shares acquired:       R37 585 260
Nature of interest of the respective         Indirect beneficial interest
directors:
Clearance obtained:                          Yes


 Johannesburg
13 November 2024

Sponsor to Sasfin
Questco Corporate Advisory Proprietary Limited