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

ITALTILE LIMITED - Dealings in Securities by Directors

Release Date: 05/09/2019 09:00
Code(s): ITE     PDF:  
 
Wrap Text
Dealings in Securities by Directors

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS


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


Director:                                 Mr GAM Ravazzotti
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Sale of shares off-market to Rallen Proprietary Limited, an entity
                                          in which Mr Ravazzotti has an effective 59.9975% interest
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      3 September 2019
Number of securities:                     7 186 731
Price per security                        R14.30
Total value:                              R102 770 253.30


Director:                                 Jan Potgieter
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Off market award of shares under the Share Appreciation Rights
                                          Scheme
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities:                     371 982
Price per security:                       R13.27
Total value:                              R4 936 201.14



Director:                                 Brandon Wood
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction                     Off market award of shares under the Share Appreciation Rights
                                          Scheme
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities:                     74 396
Price per security:                       R13.27
Total value:                              R987 234.92

Director:                                 Brandon Wood
Company:                                  Italtile Limited
Class of securities:                      Italtile ordinary shares
Nature of transaction:                    Off market disposal of shares for no consideration
Extent of directors’ interest:            Direct beneficial
Clearance to deal obtained:               Yes
Date of transaction:                      2 September 2019
Number of securities                      37 198
Price per security:                       R0.00
Deemed price per security:                R13.90
Deemed value:                             R517 052.20


Johannesburg
5 September 2019


Sponsor
Merchantec Capital

Date: 05/09/2019 09:00:00
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