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STEFANUTTI STOCKS HOLDINGS LIMITED - Disclosure of disposal of securities and dealings in securities by a director of a major subsidiary of the company
2021/08/05 17:35:00Download PDF Stock report
Disclosure of disposal of securities and dealings in securities by a director of a major subsidiary of the company Stefanutti Stocks Holdings Limited (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 (“Stefanutti Stocks” or “the Company”) DISCLOSURE OF DISPOSAL OF SECURITIES AND DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008 as amended (“the Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal notification in the prescribed form that ERF 1210 Welkom Investments Proprietary Limited (“Welkom Investments”) has disposed of an interest in the securities of the Company such that the total interest in the securities of the Company held by Welkom Investments has decreased from 21,90% to 8.51% of the total issued securities of that class in the share capital of the Company. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel. In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: Name of director: Mike Sikhakhane (Director of Stefanutti Stocks Proprietary Limited) Date of transaction: 4 August 2021 Number of shares: 595 000 Volume weighted average R0.4838 share price: Lowest Share price: R0.48 Highest Share price: R0.50 Total value of transaction: R287 900 Class of securities: Ordinary shares of 0.00025 cents each Nature of transaction: Purchase of shares (on market transaction) Nature of interest: Direct beneficial Clearance obtained: Yes Johannesburg 5 August 2021 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 05-08-2021 05:35:00 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.