AFRICAN RAINBOW MINERALS LIMITED - Dealings in securities by a Director and the Group Company Secretary and Governance Officer of ARM
Dealings in securities by a Director and the Group Company Secretary and Governance Officer of ARM
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or “the Company”)
Dealings in securities by a Director and the Group Company Secretary
and Governance Officer of ARM
A. Sale of shares
In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements
of the JSE Limited (the “Listings Requirements”), we hereby provide the
following information regarding dealings in ARM securities by an
Executive Director and the Group Company Secretary and Governance
Officer (“Company Secretary”) of ARM:
1. Name of director Jongisa Magagula
Category of director Executive Director for Investor Relations
and New Business Development
Date of transaction 8 April 2021
Nature of transaction On-market sale of shares
Class of securities Ordinary Shares
Number of securities 3 791 shares
Selling price of R285.00 per share
securities
Value of transaction R1 080 435.00
Nature of interest Direct, beneficial
Clearance obtained Yes
2. Name of Company Secretary Alyson Nerene D’Oyley
Category of executive Company Secretary
Date of transaction 8 April 2021
Nature of transaction On-market sale of shares
Class of securities Ordinary Shares
Number of securities 9 000 shares
Selling price of R285.00 per share
securities
Value of transaction R2 565 000.00
Nature of interest Direct, beneficial
Clearance obtained Yes
B. Exercise of share options
In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements,
we hereby provide the following information regarding the exercise of
share options by an Executive Director of ARM:
In terms of the ARM Share Incentive Scheme the share options described
below will expire on 29 October 2021, if not exercised by this date.
Name of director Jongisa Magagula
Category of director Executive Director for Investor Relations
and New Business Development
Date of transaction 8 April 2021
Nature of transaction Exercise of share options settled by on-
market sale of shares
Class of securities Ordinary Shares
Offer Price 2 244 options at R200.75 per share option;
granted on 29 October 2013 and vested on
30 October 2016
Number of securities 2 244
Market price of securities R285.00 per share
Total market value of R639 540.00
securities
Nature of interest Direct, beneficial
Clearance obtained Yes
The requisite clearances and approvals for these transactions have been
obtained in compliance with the securities dealing policies and
procedures of ARM and paragraph 3.66 of the Listings Requirements.
Sandton
12 April 2021
Sponsor to ARM:
Investec Bank Limited
Date: 12-04-2021 05:29:00
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