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SEPHAKU HOLDINGS LIMITED - Dealings in securities by an associate of directors

Release Date: 27/02/2019 16:00
Code(s): SEP     PDF:  
 
Wrap Text
Dealings in securities by an associate of directors

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(“SepHold” or “the Company”)

DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS
In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the purchase of SepHold ordinary shares by an associate of
directors of the Company:
  Name of directors:                                     Justin Pitt (alternate director of the Company) and Moses
                                                         Ngoasheng (non-executive director of the Company)
  Name of associate:                                     Safika Resources Proprietary Limited (“Safika”)
  Relationship to associate:                             Justin Pitt and Moses Ngoasheng are directors of Safika, and
                                                         have a direct and indirect shareholding in Safika, respectively
  Nature of transaction:                                 On-market purchase of ordinary shares
  Nature of interests:                                   Indirect beneficial interests
  Clearance to deal obtained:                            Yes
  Trade 1
  Date of transaction:                                   21 February 2019
  Number of shares purchased:                            57 697
  Lowest price per share                                 R1.97
  Highest price per share                                R2.00
  Volume weighted average                                R1.992
  price per share
  Total value of transaction:                            R114,934
  Trade 2
  Date of transaction:                                   26 February 2019
  Number of shares purchased:                            181 736
  Price per share:                                       R2.00
  Total value of transaction:                            R363,472

Centurion

27 February 2019
________________________________________________________________________
Enquiries contact: Sakhile Ndlovu                               Sephaku Holdings                     Investor Relations                     012 612 0210

Sponsor: Questco Corporate Advisory (Pty) Ltd
About Sephaku Holdings Limited
Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The Company’s
core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd (Sephaku Cement) and 100% in Métier Mixed Concrete (Pty) Ltd. The strategy of SepHold is
to generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa.


www.sephakuholdings.com

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