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African Bank Limited (62TL)

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Friday 30 March, 2012

African Bank Limited

Dealing in securities by directors

RNS Number : 4875A
African Bank Limited
30 March 2012
 



AFRICAN BANK INVESTMENTS LIMITED

(Incorporated in the Republic of South Africa)

(Registered bank controlling company)

(Registration number 1946/021193/06)

Ordinary share code: ABL ISIN: ZAE000030060

Preference share code: ABLP ISIN: ZAE000065215    

 

DEALING IN SECURITIES BY DIRECTOR

 

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

 

African Bank Investments Limited ("ABIL") has been informed of the following purchase of securities in Eyomhlaba Investment Holdings Limited ("Eyomhlaba"), ABIL's black equity ownership programme. The purchase represents an indirect investment in ABIL. Eyomhlaba currently holds 40.5 million ABIL ordinary shares, representing 5% of ABIL's ordinary share capital.

 

 

Director

:

Nithiananthan Nalliah

Company

Office held                                   

:

:  

Eyomhlaba, ABIL's black equity ownership programme

Executive director of ABIL

Date of transaction

Nature of transaction

:

:

27 March 2012                                             

On market purchase of Eyomhlaba shares

Number of securities

:

2500

Class of securities

:

Ordinary Eyomhlaba shares

Purchase price

:

1513 cents per share

Total value of transaction

:

R37 825.00

Nature of interest

:

Direct beneficial

Clearance obtained

:

Yes

 

 

Director

:

Nithiananthan Nalliah

Company

Office held                                   

:

:

Eyomhlaba, ABIL's black equity ownership programme

Executive director of ABIL

Date of transaction

Nature of transaction

:

:

27 March 2012

On market purchase of Eyomhlaba shares

Number of securities

:

700

Class of securities

:

Ordinary Eyomhlaba shares 

Purchase price

:

1520 cents per share

Total value of transaction

:

R10 640.00

Nature of interest

:

Direct beneficial

Clearance obtained

:

Yes

 

 

Director

:

Nithiananthan Nalliah

Company

Office held                                   

:

:  

Eyomhlaba, ABIL's black equity ownership programme

Executive director of ABIL

Date of transaction

Nature of transaction

:

:

28 March 2012

On market purchase of Eyomhlaba shares

Number of securities

:

505

Class of securities

:

Ordinary Eyomhlaba shares 

Purchase price

:

1523 cents per share

Total value of transaction

:

R7 691.15

Nature of interest

:

Direct beneficial

Clearance obtained

:

Yes

Director

:

Nithiananthan Nalliah

 

Company

Office held                                   

:

:  

Eyomhlaba, ABIL's black equity ownership programme

Executive director of ABIL

 

Date of transaction

Nature of transaction

:

:

28 March 2012

On market purchase of Eyomhlaba shares

 

Number of securities

:

90

 

Class of securities

:

Ordinary Eyomhlaba shares 

 

Purchase price

:

1525 cents per share

 

Total value of transaction

:

R1 372.50

 

Nature of interest

:

Direct beneficial

 

Clearance obtained

:

Yes

 

 

 

Director

:

Nithiananthan Nalliah

Company

Office held                                   

:

:  

Eyomhlaba, ABIL's black equity ownership programme

Executive director of ABIL

Date of transaction

Nature of transaction

:

:

28 March 2012

On market purchase of Eyomhlaba shares

Number of securities

:

7329

Class of securities

:

Ordinary Eyomhlaba shares 

Purchase price

:

1600 cents per share

Total value of transaction

:

R117 264.00

Nature of interest

:

Direct beneficial

Clearance obtained

:

Yes

 

 

Midrand

29 March 2012

 

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)


This information is provided by RNS
The company news service from the London Stock Exchange
 
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