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BRIMSTONE INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 15/05/2020 15:15
Code(s): BRT BRN     PDF:  
Wrap Text
Dealing in securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone")
ISIN Number: ZAE000015277          Share Code: BRT
ISIN Number: ZAE000015285          Share Code: BRN

DEALING IN SECURITIES

Brimstone hereby provides the following information regarding the receipt of Brimstone “N” ordinary shares by
directors, directors of major subsidiaries, the company secretary and their associates in terms of a capitalisation
issue as announced on SENS on 10 March 2020 (the “Capitalisation Issue”). The date of the off-market transactions
is 11 May 2020 and the price per Brimstone “N” ordinary share of R4.95036 was determined by applying the
volume weighted average price of a Brimstone “N” ordinary share on 6 May 2020 less 10% which is in line with the
cash fraction calculation for the Capitalisation Issue. Written clearance to deal was received, as applicable.

 Name of director              Number of “N” ordinary                   Total value             Extent of interest
                                               shares                           (R)
 MA Brey                                       69 739                    345 233.16            Indirect beneficial
                                              131 244                    649 705.05              Direct beneficial
 F Robertson                                   69 739                    345 233.16            Indirect beneficial
                                               48 626                    240 716.21              Direct beneficial
 MI Khan                                       36 927                    182 801.94            Indirect beneficial
                                                2 831                     14 014.47              Direct beneficial
 GG Fortuin                                    31 405                    155 466.06            Indirect beneficial
                                                    5                         24.75              Direct beneficial
 T Moodley (Company                            18 890                     93 512.30            Indirect beneficial
 Secretary)                                    41 459                    205 236.98              Direct beneficial
 LA Parker                                    236 580                  1 171 156.17            Indirect beneficial
 N Khan                                        18 275                     90 467.83              Direct beneficial
 MK Ndebele                                     7 445                     36 855.43              Direct beneficial
 M Hewu                                        22 938                    113 551.36              Direct beneficial

 Name of director of           Number of “N” ordinary                   Total value             Extent of interest
 major subsidiary                              shares                           (R)
 Muhammad Brey                                    402                      1 990.04              Direct beneficial
 F Ratheb                                       2 196                     10 870.99              Direct beneficial
 M Rapiya                                          36                        178.21              Direct beneficial

 Name of associate                    Name of       Number of “N”        Total value         Extent of interest of
                                   director/s     ordinary shares                (R)                     associate
 African Peoples                  F Robertson              10 001          49 508.55              Direct beneficial
 Investment Corporation               MA Brey                                                    F Robertson and MA
 (Pty) Ltd (“APIC”)                                                                           Brey have an indirect
                                                                                              beneficial holding of
                                                                                                   69.15% and 15.4%
                                                                                               respectively in APIC
 Brimstone Management             F Robertson               9 935          49 181.83              Direct beneficial
 Company (Pty) Limited               MA Brey                                                     F Robertson and MA
 (“Manco”)                                                                                    Brey have an indirect
                                                                                          beneficial holding of 20%
                                                                                              respectively in Manco
 H Investments 157 (Pty)             MA Brey               14 181          70 201.06              Direct beneficial
 Limited (“H                                                                                    M A Brey has a 100%
 Investments”)                                                                                  indirect beneficial
                                                                                          interest in H Investments
 HMB Brey                            MA Brey               19 872          98 373.55              Direct beneficial
                                                                                             HMB Brey is the spouse
                                                                                                         of MA Brey
 Pro One Investments                 MA Brey              171 259         847 793.70              Direct beneficial
 (Pty) Limited (“Pro One”)                                                                        MA Brey has a 25%
                                                                                         direct beneficial interest
                                                                                                         in Pro One
 Breyfin 2 (Proprietary)             MA Brey            1 182 656       5 854 572.96              Direct beneficial
 Limited (“Breyfin 2”)                                                                           MA Brey has a 100%
                                                                                                indirect beneficial
                                                                                              interest in Breyfin 2
 Breyfin (Proprietary                MA Brey              290 472       1 437 940.97              Direct beneficial
 Limited (“Breyfin”)                                                                             MA Brey has a 100%
                                                                                                indirect beneficial
                                                                                                interest in Breyfin
 Robatsi Genesis 26              F Robertson               47 069         233 008.50              Direct beneficial
 Proprietary Limited                                                                         F Robertson has a 100%
 (“Robatsi Genesis”)                                                                            indirect beneficial
                                                                                                interest in Robatsi
                                                                                                            Genesis
 Commlife Holdings               F Robertson               86 409         427 755.66              Direct beneficial
 (Proprietary) Limited                                                                       F Robertson has a 100%
 (“Commlife”)                                                                                   indirect beneficial
                                                                                               interest in Commlife
 Business Venture                F Robertson               13 508          66 869.46              Direct beneficial
 Investments No 871                                                                           F Robertson has a 50%
 (Pty) Ltd (“Business                                                                           indirect beneficial
 Venture”)                                                                                     interest in Business
                                                                                                            Venture
 Friedshelf 1800                 F Robertson            1 337 653       6 621 863.91              Direct beneficial
 (Proprietary) Limited                                                                       F Robertson has a 100%
 (“Friedshelf”)                                                                                 indirect beneficial
                                                                                             interest in Friedshelf
 Lion of Africa Life             F Robertson               15 475          76 606.82              Direct beneficial
 Assurance Company                                                                           F Robertson has a 100%
 Limited (“Lion Life”)                                                                          indirect beneficial
                                                                                              interest in Lion Life
 LoA Commlife Ins                F Robertson               36 987         183 098.97              Direct beneficial
 Specialist Equity Fund                                                                      F Robertson has a 100%
 (“LoA Commlife”)                                                                               indirect beneficial
                                                                                           interest in LoA Commlife
 K Khan                              MI Khan                  723           3 579.11              Direct beneficial
                                                                                            K Khan is the spouse of
                                                                                                            MI Khan
 P Moodley                         T Moodley               10 236          50 671.89              Direct beneficial
                                                                                            P Moodley is the spouse
                                                                                                       of T Moodley
 N Moodley                         T Moodley                1 527           7 559.20              Direct beneficial

 Brimshare (Pty) Limited              N Khan               90 848         449 730.31              Direct beneficial
 (“Brimshare”)                                                                               N Khan has an indirect
                                                                                             beneficial interest in
                                                                                                          Brimshare
 X Hewu                               M Hewu                  362       1 792.03                  Direct beneficial
                                                                                            X Hewu is the spouse of
                                                                                                             M Hewu

Cape Town
15 May 2020

Sponsor
Nedbank Corporate and Investment Banking

Date: 15-05-2020 03:15:00
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