To view the PDF file, sign up for a MySharenet subscription.

REX TRUEFORM GROUP LIMITED - Dealings in securities by directors, a director of a major subsidiary and by the company secretary of the company

Release Date: 27/06/2019 17:15
Code(s): RTN RTO RTOP     PDF:  
 
Wrap Text
Dealings in securities by directors, a director of a major subsidiary and by the company secretary of the company

REX TRUEFORM GROUP LIMITED
(formerly Rex Trueform Clothing Company Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO        ISIN: ZAE000250387
JSE share code: RTN        ISIN: ZAE000250395
JSE share code: RTOP       ISIN: ZAE000250403
("Rex Trueform" or "the company")


DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY AND BY THE COMPANY SECRETARY OF THE COMPANY


Shareholders are advised of the following information relating to the allocation of nil cost options and the awarding of nil cost
shares under the Rex Trueform Group Limited Incentive Scheme ("the Plan") housed within the Rex Trueform Share Trust.
The nil cost options will vest in three tranches on 7 June 2020, 7 June 2021 and 7 June 2022 (subject to the provisions of the
Plan) and once fully vested will result in the issue of 188 442 "N" ordinary shares.

Name of director:                                            CL Lloyd
Acceptance date:                                             23 June 2019
Class of security:                                           "N" ordinary shares
Price per security:                                          Nil cost options
Number of securities:                                        55 424
Deemed price per security:                                   R21.50
Deemed total value:                                          R1 191 616.00
Nature of transaction:                                       Off-market allocation of nil cost options under the Plan
Nature and extent of director’s interest:                    Direct beneficial
Clearance to deal received:                                  Yes

Name of director:                                            D Franklin
Acceptance date:                                             21 June 2019
Class of security:                                           "N" ordinary shares
Price per security:                                          Nil cost options
Number of securities:                                        66 509
Deemed price per security:                                   R21.50
Deemed total value:                                          R1 429 943.50
Nature of transaction:                                       Off-market allocation of nil cost options under the Plan
Nature and extent of director’s interest:                    Direct beneficial
Clearance to deal received:                                  Yes

Name of director:                                            CEA Radowsky
Name of major subsidiary:                                    Queenspark Proprietary Limited
Acceptance date:                                             24 June 2019
Class of security:                                           "N" ordinary shares
Price per security:                                          Nil cost options
Number of securities:                                        44 339
Deemed price per security:                                   R21.50
Deemed total value:                                          R953 288.50
Nature of transaction:                                       Off-market allocation of nil cost options under the Plan
Nature and extent of director’s interest:                    Direct beneficial
Clearance to deal received:                                  Yes

Name of company secretary:                                   AT Snitcher
Acceptance date:                                             24 June 2019
Class of security:                                           "N" ordinary shares
Price per security:                                          Nil cost options
Number of securities:                                        22 170
Deemed price per security:                                   R21.50
Deemed total value:                                          R476 655.00
Nature of transaction:                                       Off-market allocation of nil cost options under the Plan
Nature and extent of company secretary’s interest:           Direct beneficial
Clearance to deal received:                                  Yes

Shareholders are further advised of the following information relating to the acceptance of nil cost shares awarded on
7 June 2019 under the Plan. All these nil cost shares vested immediately upon acceptance of the award (subject to the
provisions of the Plan).

Name of director:                                           CL Lloyd
Acceptance date:                                            23 June 2019
Class of security:                                          "N" ordinary shares
Price per security:                                         Nil cost shares
Number of securities:                                       55 424
Deemed price per security:                                  R21.50
Deemed total value:                                         R1 191 616.00
Nature of transaction:                                      Off-market allocation of nil cost shares under the Plan
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

27 June 2019

Sponsor
Java Capital

Date: 27/06/2019 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story