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4SIGHT HOLDINGS LIMITED - Dealings in securities by an associate of a director of the company

Release Date: 05/11/2024 15:45
Code(s): 4SI     PDF:  
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Dealings in securities by an associate of a director of the company

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
JSE share code: 4SI ISIN: ZAE000324059
("4Sight" or "the Company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are referred to the announcement published on 25 April 2018 regarding the acquisition by 4Sight of
4Sight Systems Proprietary Limited (previously known as AccTech Systems Proprietary Limited) ("Systems") and
Dynamics Africa Services Proprietary Limited ("Dynamics Africa") (the "Acquisition").

Prior to the announcement and implementation of the Acquisition, an agreement was concluded between the
shareholders of Systems and Dynamics Africa and certain members of their respective management teams at the time
(the "Nominated Employees") whereby the Nominated Employees would also participate in the Acquisition through
the receipt of 4Sight shares.

The parties wish to give effect to this agreement and as such, a tranche of shares owing to Eric van der Merwe, a director
of 4Sight and a Nominated Employee, will be transferred to an associate of Mr van der Merwe from Silver Knight
Trustees Proprietary Limited ("Silver Knight"). In addition. Mr van der Merwe will dispose of a portion of those 4Sight
shares to settle the tax liabilities arising from the transfer.

Accordingly, shareholders are advised of the following dealings in securities by an associate of a director of the
Company:

Name of associate:                                       Suez Investments Proprietary Limited ("Suez Investments")
Name of director and relationship to director:           Eric van der Merwe, who is the sole shareholder of Suez
                                                         Investments
Transaction date:                                        30 October 2024
Class of securities:                                     Ordinary shares
Number of securities:                                    11 929 500
Deemed price per security:                               R0.71
Deemed value of the transaction:                         R8 469 945.00
Nature of transaction:                                   Off-market receipt of shares from Silver Knight
Nature and extent of director's interest:                Indirect beneficial
Clearance to deal received                               Yes

Name of associate:                                       Suez Investments
Name of director and relationship to director:           Eric van der Merwe, who is the sole shareholder of Suez
                                                         Investments
Transaction date:                                        30 October 2024
Class of securities:                                     Ordinary shares
Number of securities:                                    3 309 859
Deemed price per security:                               R0.71
Deemed value of the transaction:                         R2 349 999.89
Nature of transaction:                                   Off-market sale of shares to settle tax liabilities
Nature and extent of director's interest:                Indirect beneficial
Clearance to deal received                               Yes

5 November 2024

Designated advisor
Java Capital

Date: 05-11-2024 03:45:00
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