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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 Directors dealing in securities (5355U)

31/12/2012 9:07am

UK Regulatory


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RNS Number : 5355U

Petmin Limited

31 December 2012

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")

31 December 2012

Directors dealing in securities

Shareholders are advised that, the Company was informed on 28 December 2012 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: 28 December 2012

Price: 2.08 cents per share

Number of shares: 24,008,050

Class: Ordinary shares

Nature: Off Market Sale

Total consideration: R 49,976,502.78

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".

Further to the announcement on 1 July 2010, dealing with the internal restructuring of the Martin Family's holding in Petmin, 20 million of the above shares are part of the internal restructuring and approximately 4 million is the settling of third party debt.

The above transaction is subject to approval from the South African Reserve Bank.

Shareholders are advised that, the Company was informed on 31 December 2012 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. J du Preez (CEO - Executive Director)

Date: 31 December 2012

Price: 220 cents per share

Number of shares: 250,000

Class: Ordinary shares

Nature: On Market Purchase

Total consideration: R 550,000.00

Extent of Directors` interest: Direct and Beneficial

Director: Me. ALK Mogotsi (Executive Director)

Date: 31 December 2012

Price: 220 cents per share

Number of shares: 1,250,000

Class: Ordinary shares

Nature: On Market Sale

Total consideration: R 2,750,000.00

Extent of Directors` interest: Direct and Beneficial

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

31 December 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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