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LIBERTY TWO DEGREES LIMITED - Dealings in Securities by the Restricted Share Plan Trust (RSP)

Release Date: 23/03/2022 11:05
Code(s): L2D     PDF:  
Wrap Text
Dealings in Securities by the Restricted Share Plan Trust (”RSP”)

LIBERTY TWO DEGREES LIMITED
Incorporated in the Republic of South Africa
(Registration number 2018/388906/06)
(Approved as a REIT by the JSE)
Share code: L2D   ISIN: ZAE000260576
(“L2D” or “the Company”)


DEALINGS IN SECURITIES BY THE RESTRICTED SHARE PLAN TRUST (”RSP”)


In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

1.    FORFEITURE OF RESTRICTED SHARES PREVIOUSLY AWARDED

Date of forfeiture                                1 March 2022
Number of securities                              1 173 160 ordinary shares
Nature of transaction                             Off-market forfeiture of securities in the terms of the
                                                  RSP
Notional value per share *                        R4.20
Total notional value                              R4 927 272.00
Nature of interest                                Indirect beneficial

2.    ACQUISITION OF SECURITIES FOR ALLOCATION TO PARTICIPANTS

Date of transaction                               1 March 2022
Number of securities                              1 173 160 ordinary shares
Nature of transaction                             Off-market allocation of forfeited securities to fulfil
                                                  the obligations of the RSP
Price per share *                                 R4.20
Total value of transaction                        R4 927 272.00
Nature and extent of interest                     Indirect beneficial

Date of transaction                               8 March 2022
Number of securities                              4 174 426
Nature of transaction                             On-market purchase of securities to fulfil the
                                                  obligations of the RSP
Volume weighted average price per share           R4.5928
Lowest purchase price                             R4.30
Highest purchase price                            R4.60
Total value of transaction                        R19 172 303.70
Nature and extent of interest                     Indirect beneficial

Date of transaction                               22 March 2022
Number of securities                              212 940
Nature of transaction                             On-market purchase of securities to fulfil the
                                                  obligations of the RSP
Volume weighted average price per share           R4.1223
Lowest purchase price                             R4.09
Highest purchase price                            R4.20
Total value of transaction                        R877 802.56
Nature and extent of interest                     Indirect beneficial


Clearance to trade was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements.

* The price per share is the closing price of the L2D ordinary share on Friday, 28 February 2022.


Johannesburg
23 March 2022

Sponsor
Merchantec Capital

Investor Relations
Sumenthree Moodley
Contact number: 011 358 9171

Date: 23-03-2022 11:05:00
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