ELB GROUP LIMITED - ELR : Disclosure of dealings by an associate of a director
ELR : Disclosure of dealings by an associate of a director:
ELB GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1930/002553/06)
ISIN: ZAE000035101
JSE Code: ELR
("ELB" or "the Company")
Disclosure of dealings by an associate of a director
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("Listing
Requirements"), the following information is disclosed in relation to ordinary shares held by an
associate of Charles Pettit, a director of the Company:
Name of associate: Apex Partners Holdings (Pty) Ltd ("APH")
Relationship to the associate: Mr Pettit has a beneficial shareholding in APH
Nature of transaction: Settlement of a pre-existing loan obligation entered
into by APH on 12 November 2019, for which APH
provided ELB shares as security
Nature and extent of director's interests in Indirect beneficial holding
the transaction:
Date of settlement of loan obligation: 11 February 2020
Deemed value per share: R8.6028
Number of shares released from security: 4,500,000
Rand value of shares: R38,712,600
Permission to deal obtained: Yes
Johannesburg
12 February 2020
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 12-02-2020 12:55:00
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