20 Jul - 3 min read

Disposal Of Securities By Business Venture Investments And Daymer And Acquisition Of Securities By Basegpco

Disposal Of Securities By Business Venture Investments And Daymer And Acquisition Of Securities By Basegpco

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
(“the Company”)

DISPOSAL OF SECURITIES BY BUSINESS VENTURE INVESTMENTS NO 1847 (RF)
(PTY) LTD (“BUSINESS VENTURE” or “BVI”) AND DAYMER LIMITED (“DAYMER”) AND
ACQUISITION OF SECURITIES BY BASEGPCO (PTY) LTD, AS GENERAL PARTNER OF
BASE SPV A PARTNERSHIP (“BASEGP”) AND DIRECTOR’S DEALING BY ASSOCIATE
OF DIRECTOR

Reference is made to SENS announcements dated 1 June 2021 and 25 June 2021. In
accordance with section 122 of the Companies Act, No. 71 of 2008 and section 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 BUSINESS VENTURE has disposed
of a beneficial interest in the securities of the Company, such that the total beneficial interest
in the securities of the Company held by BUSINESS VENTURE is now 17.44% of the total
issued share capital of the Company.

In accordance with section 122 of the Companies Act, No. 71 of 2008 and section 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 DAYMER has disposed of a
beneficial interest in the securities of the Company, such that the total beneficial interest in the
securities of the Company held by DAYMER is now 6.70% of the total issued share capital of
the Company.

In accordance with section 122 of the Companies Act, No. 71 of 2008 and section 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 BASEGP has acquired a beneficial
interest in the securities of the Company, such that the total beneficial interest in the securities
of the Company held by BASEGP is now 14.23% of the total issued share capital of the
Company.

As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice
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:

Company:                                       BVI
Name of director:                              Mark Barnes
Relationship with associate:                   Mark Barnes is director and 50% shareholder
                                               in BVI
Date of transaction:                           15 July 2021
Nature of transaction:                         off-market sale of shares
Number of securities:                          149 999 862
Class of securities:                           ordinary shares
Price per share:                               110 cents per share
Total Value:                                   R164 999 848
Nature of interest:                            indirect beneficial
Responsibility Statement

The Board accepts responsibility for the information contained in this announcement. To the
best of the Board’s knowledge and belief, the information contained in this announcement is
true and nothing has been omitted which is likely to affect the importance of the information.

Johannesburg
20 July 2021
Transfer and Company secretaries: 4 Africa Exchange Registry Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 20-07-2021 08:35:00
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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Purple Group Limited (JSE:PPE) when you join Listcorp.