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TRUWORTHS INTERNATIONAL LIMITED - Dealings in securities by a director of the company

Release Date: 13/05/2019 16:52
Code(s): TRU     PDF:  
 
Wrap Text
Dealings in securities by a director of the company

TRUWORTHS INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU; NSX Code: TRW
ISIN: ZAE000028296
("the company")

DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY

Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE
Limited, of the following transactions in respect of the company’s shares by a director of the
company:

Name of director                  :    Douglas Norman Dare
Executive director of             :    Truworths International Limited
Class of shares                   :    Ordinary
Prescribed clearance given        :    Yes
Extent and interest               :    100% direct and beneficial interest
Nature of transaction             :    Off-market exercise by the director of options granted on
                                       3 June 2009 in terms of the company’s 1998 share incentive
                                       scheme, the resulting off-market purchase of the company’s
                                       shares, and the simultaneous on-market sale of a portion of
                                       such shares for the purposes of settling the purchase price of
                                       the shares purchased and the tax arising on the exercise of the
                                       options.

Date of transaction               :   10 May 2019
Number of shares purchased        :   70 000
Purchase price per share          :   R 37.18
Total purchase price              :   R 2 602 600
Number of shares sold             :   51 909
Selling price per share           :   R 76.3750 (vwap) (highest: R 76.50; lowest R 76.22)
Total selling price               :   R 3 964 545


13 May 2019

Sponsor in South Africa
One Capital

Sponsor in Namibia
Merchantec Capital

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