MONTAUK HOLDINGS LIMITED - Director & Associate: Change of Interest in Securities
MNK 201903290077A
Director & Associate: Change of Interest in Securities
MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNK & ISIN: ZAE000197455)
("MNK" or "the company")
DIRECTOR & ASSOCIATE: CHANGE OF INTEREST IN SECURITIES
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listings Requirements,
the following information is disclosed:
Name of Director : B.S. Raynor
Designation : Non-Executive director
Nature of transaction : Change of interest from direct beneficial to that of an associate.
The change is a result of the restructure of Mr Raynor's
retirement benefit scheme, whereby a portion of his interest in
the Company, as held by his retirement benefit scheme, was
transferred off-market to the retirement benefit scheme of his
spouse, J. Raynor.
Class of shares : Ordinary shares
Nature of interest : Direct beneficial
Date of transaction : 21.03.2019
Number of shares : 396 573
Transfer price : 4 840 cps
Total value of transaction : R19 194 133.20
Name of Associate : J. Raynor
Nature of transaction : Off-market acquisition of shares by an associate
The acquisition is a result of the restructure of Mr B.S. Raynor's
retirement benefit scheme, whereby a portion of his interest in
the Company, as held by his retirement benefit scheme, was
transferred off-market to the retirement benefit scheme of his
spouse, J.Raynor.
Class of shares : Ordinary shares
Nature of interest : Direct beneficial
Date of transaction : 21.03.2019
Number of shares : 396 573
Transfer price : 4 840 cps
Total value of transaction : R19 194 133.20
Clearance : Clearance in respect of par 3.66 of the JSE
Listings Requirements was obtained
Cape Town
29 March 2019
Sponsor:
Investec Bank Limited
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