BLUE LABEL TELECOMS LIMITED - Dealing in securities by Director
Dealing in securities by Director:
Dealing in securities by Director
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label”)
DEALING IN SECURITIES BY DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:
Director : BM Levy
Company : Blue Label Telecoms Limited
Date of transaction : 24 March 2020
Nature of transaction : Termination of off market finance agreement entered
into with an institutional lender on 1 August 2016
(4,350,000 shares) and 26 April 2019 (900,000 shares)
in terms of which ordinary Blue Label shares were
pledged as security
Number of shares pledged : 5 250 000
Deemed value of pledged shares : R1.65
Deemed value of transaction : R8 662 500
Nature of interest : Direct beneficial
Clearance obtained : Not required
Director : MS Levy
Company : Blue Label Telecoms Limited
Date of transaction : 24 March 2020
Nature of transaction : Termination of off market finance agreement entered
into with an institutional lender on 1 August 2016
(4,350,000 shares) and 26 April 2019 (900,000 shares)
in terms of which ordinary Blue Label shares were
pledged as security
Number of shares pledged : 5 250 000
Deemed value of pledged shares : R1.65
Deemed value of transaction : R8 662 500
Nature of interest : Direct beneficial
Clearance obtained : Not required
Sandton
31 March 2020
Sponsor:
Investec Bank Limited
Date: 31-03-2020 04:44:00
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