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PTMN Petmin

11.50
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petmin LSE:PTMN London Ordinary Share ZAE000076014 ORD ZAR0.25 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Petmin Limited DIRECTOR DEALINGS IN SECURITIES (9119G)

12/06/2013 3:46pm

UK Regulatory


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RNS Number : 9119G

Petmin Limited

12 June 2013

PETMIN LIMITED

Incorporated in the Republic of South Africa

Registration Number 1972/001062/06

Share Code JSE: PET & ISIN: ZAE000076014

Share Code AIM: PTMN

("Petmin" or "the Company")

12 June 2013

DIRECTOR DEALINGS IN SECURITIES

Shareholders are advised that, the Company was informed on 11 June 2013 that in terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited the following information relating to dealing in securities by directors of the Company be disclosed:

Director: Mr. AR Martin (Non-Executive Director)

Date: 11 June 2013

Price: 200 cents per share

Number of shares: 6,000,000

Class: Ordinary shares

Nature: Off Market Sale

Total consideration: R 12 000 000

Extent of Directors` interest: INDIRECT - non beneficial

Director: Mr. AR Martin (Non-Executive Director)

Date: 11 June 2013

Price: 210 cents per share

Number of shares: 8,797,823

Class: Ordinary shares

Nature: Off Market Sale

Total consideration: R 18 475 428.30

Extent of Directors` interest: INDIRECT - non beneficial

Dark Capital (Proprietary) Limited ("Dark Capital") is Petmin's preferred Black Economic Empowerment ("BEE") shareholder and the key member of the Petmin Anchor BEE Consortium. Alwyn Martin (a Petmin non-executive director), and Heloise Mgcina (nee Martin) are directors of Dark Capital and have an indirect interest in Dark Capital. Raphael Martin is a co controlling shareholder of Dark Capital. Heloise Mgcina, Alwyn Martin and Raphael Martin are collectively referred to herein as "the Martin Family".

The Martin Family announced its restructuring on 1 July 2010 and on 31 December 2012, this transaction forms part of the restructuring of the Martin Family's holding in Petmin . The sale of the 8 797 823 shares is subject to approval from the South African Reserve Bank.

The above transactions will not materially affect the company's BEE holdings.

Clearance has been received in terms of rule 3.66 of the JSE`s Listings Requirements in respect of the above transaction.

Enquiries:

Petmin

Bradley Doig

+27 11 706 1644

Media

Jonathon Rees

+27 76 185 1827

Sponsor and Corporate Advisor (JSE)

River Group

Andrew Lianos

+27 834 408 365

Nominated Adviser and Broker (AIM)

Macquarie Capital (Europe) Limited

Steve Baldwin

+44 20 3037 2362

Nicholas Harland

+44 20 3037 2369

River Group

Johannesburg

12 June 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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