ARH - ARB Holdings Limited - Dealings in securities by directors
ARH
ARH
ARH - ARB Holdings Limited - Dealings in securities by directors
ARB HOLDINGS LIMITED
(Registration number: 1986/002975/06)
Share code: ARH ISIN: ZAE000109435
("ARB")
DEALINGS IN SECURITIES BY DIRECTORS
Shareholders are referred to the directors` dealings announcement released on
the Securities Exchange News Service of the JSE Limited ("JSE") on 15 February
2011 whereby shareholders were informed of the sale of shares by Jacob Modise
("Jacob") and Dumisani Muhlwa ("Dumisani"), of 2,000,000 and 1,000,000 ordinary
ARB shares ("the sale shares"), respectively, to Batsomi Investment Holdings
(Pty) Limited ("Batsomi"). Jacob and Dumisani are shareholders of Batsomi (which
is the 26% BEE shareholder in ARB`s major subsidiary, ARB Electrical Wholesalers
(Pty) Limited).
Shareholders are advised that the transfer of the sale shares was effected
through the JSE trading system on 24 February 2011 at R3.80 per share (as per
the abovementioned announcement and being the ruling market price at the time of
agreeing the transaction).
Durban
24 February 2011
Sponsor:
Grindrod Bank Limited
Date: 24/02/2011 15:40:00 Produced by the JSE SENS Department.
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