AFRICAN PHOENIX INVESTMENTS LIMITED - Dealings in Securities by an Associate of a Director

Dealings in Securities by an Associate of a Director

AFRICAN PHOENIX INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1946/021193/06)
Ordinary share code: AXL ISIN: ZAE000221370
Hybrid instrument code: AXLP ISIN: ZAE000221388


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited,
the following is disclosed:

 Name of director:                    Mr S Sithole
 Company:                             African Phoenix Investments Limited
 Director’s Associate                 Value Capital Partners Proprietary Limited*
 Class of securities:                 Ordinary shares
 Nature of the transaction:           On-market purchase of ordinary shares
 Date of transaction:                 18 February 2019
 Number of securities:                1 036 097
 Price per share:                     R0.5225
 Value of transaction:                R541 360.68
 Extent of director’s interest:       Indirect beneficial
 Clearance to deal obtained:          Yes


 Name of director:                    Mr S Sithole
 Company:                             African Phoenix Investments Limited
 Director’s Associate                 Value Capital Partners Proprietary Limited*
 Class of securities:                 Ordinary shares
 Nature of the transaction:           On-market purchase of ordinary shares
 Date of transaction:                 19 February 2019
 Number of securities:                1 101 393
 Price per share:                     R0.5383
 Value of transaction:                R592 879.85
 Extent of director’s interest:       Indirect beneficial
 Clearance to deal obtained:          Yes


 Name of director:                    Mr S Sithole
 Company:                             African Phoenix Investments Limited
 Director’s Associate                 Value Capital Partners Proprietary Limited*
 Class of securities:                 Ordinary shares
 Nature of the transaction:           On-market purchase of ordinary shares
 Date of transaction:                 20 February 2019
 Number of securities:                1 110 730
 Price per share:                     R0.5399
 Value of transaction:                R599 683.13
 Extent of director’s interest:       Indirect beneficial
 Clearance to deal obtained:          Yes
 
 * Value Capital Partners Proprietary Limited (“VCP”) (in which Mr S Sithole has an indirect beneficial
   interest), are advisors to Peregrine Fund Platform Proprietary Limited, the registered investment
   manager for various funds advised by VCP.


Johannesburg
22 February 2019

Sponsor
Merchantec Capital

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