20 Sep - 2 min read
Dealings in securities
Dealings in securities SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia”) DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES AND DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS Disclosure of beneficial interests in securities In compliance with section 122(3)(b) of the Companies Act, 2008 and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, the following information is disclosed: Ulundi Holdings Proprietary Limited (“Ulundi”) has disposed of 8 933 166 ordinary shares in the share capital of Sygnia, representing 5.97% of the total issued share capital of Sygnia, such that the total of all beneficial interests of the securities of that class held by Ulundi is now 0% of the total issued securities of that class. Shareholders are advised that Ulundi’s disposal of its Sygnia shares is pursuant to the unwinding of the Sygnia-sponsored Ulundi broad-based employee share scheme established in 2013 for the benefit of black staff and management. Dealings by an associate of a director and a director of a major subsidiary In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: Name of associate: Ulundi Holdings Proprietary Limited Director : Ms MF Wierzycka Director of a major subsidiary: Mr SJB Peile (director of Sygnia Life Limited) Company: Sygnia Limited Class of shares: Sygnia ordinary shares Nature of Interest: Indirect beneficial minority interest (in the case of both directors) Nature of transaction: Off market sale of Sygnia Limited shares held by Ulundi Holdings Proprietary Limited Transaction date: 14 September 2021 Number of shares: 8 563 166 Price per share: R16.00 Transaction value: R137 010 656 Transaction date: 20 September 2021 Number of shares: 370 000 Price per share: R16.00 Transaction value: R5 920 000 Cape Town 20 September 2021 Sponsor: The Standard Bank of South Africa Limited Date: 20-09-2021 03:50:00 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.