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SYGNIA LIMITED - Dealing in securities

Release Date: 29/03/2019 11:40
Code(s): SYG     PDF:  
Wrap Text
Dealing in securities

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE: SYG ISIN: ZAE000208815
(“Sygnia”)

DEALING IN SECURITIES

Further to the SENS announcement released by Sygnia on 4 October 2018 regarding the entering into of a
put and call option agreement over Sygnia ordinary shares by an associate of a director and a director of a
major subsidiary, the following additional information is now disclosed:

Name of associate:                       Zatoka Trust, an associate of MF Wierzycka (Chief Executive Officer
                                         of Sygnia) and SJB Peile (director of a major subsidiary of Sygnia)
Transaction Date:                        28 March 2019
Class of shares:                         Ordinary shares
Number of shares:                        4 102 761
Purchase price per share:                R9.87
Value of the transaction:                R40 512 250
Nature of transaction:                   The exercise of the put option by the put option holder, which
                                         results in the purchase of the Sygnia ordinary shares by Zatoka
                                         Trust (with transfer of the Sygnia ordinary shares taking place upon
                                         settlement of the purchase price on 15 June 2019)
Extent of interest of associate:         Direct beneficial
Written clearance to deal:               Yes


29 March 2019

Sponsor
Nedbank Corporate and Investment Banking

Date: 29/03/2019 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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