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AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealings in securities by a director of a related company

Release Date: 16/09/2020 09:53
Code(s): AIL     PDF:  
Wrap Text
Dealings in securities by a director of a related company

African Rainbow Capital Investments Limited
(Incorporated in the Republic of Mauritius)
(Registration number C148430)
Share code: AIL
ISIN: MU0553S00000
("ARC Investments")


In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following
dealing in ARC Investments securities by a director of a related company:

         Name of director:                               Johan van der Merwe
         Office held:                                    Director
         Name of related company:                        UBI General Partner Proprietary Limited,
                                                         the general partner of the ARC Fund*

         Date of transaction:                            15 September 2020
         Nature of transaction:                          On-market purchase of securities
         Number of securities:                           2 000 000
         Class of securities:                            ARC Investments ordinary shares
         Volume weighted average purchase price:         273,84 cents
         Highest purchase price:                         280.00
         Lowest purchase price:                          270.00
         Total value of the transaction:                 R5,476,800.00
         Clearance obtained:                             Yes

*ARC Investments is a Limited Partner in the ARC Fund, an en-commandite partnership. Full details of
the structure were disclosed in the Pre-Listing Statement published on 28 August 2017.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
16 September 2020

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 16-09-2020 09:53:00
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