Argent Industrial : Dealings in Shares by Associates of Directors
March 07, 2022 at 02:19 pm IST
Share
ARGENT INDUSTRIAL LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1993/002054/06) Share code: ART
ISIN: ZAE000019188
("Argent" or "the Company")
DEALINGS IN SHARES BY ASSOCIATES OF DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed:
NAME OF DIRECTOR
T R Hendry
COMPANY OF WHICH A DIRECTOR
Argent
STATUS: EXECUTIVE/NON-EXECUTIVE
Executive director
TYPE AND CLASS OF SECURITIES
Ordinary shares
NATURE OF TRANSACTION
Purchase of shares by an associate
of director (on-market transaction)
DATE OF TRANSACTION
(1)
3 March 2022
(2)
3 March 2022
(3)
3 March 2022
(4)
4 March 2022
PRICE PER SECURITY
(1)
R12.68
(2)
R12.72
(3)
R12.75
(4)
R12.65
NUMBER OF SECURITIES TRANSACTED
(1)
67 800
(2)
20 400
(3)
13 800
(4)
77 520
TOTAL RAND VALUE OF SECURITIES
(1)
R859 704
TRANSACTED
(2)
R259 488
(3)
R175 950
(4)
R980 628
NATURE AND EXTENT OF INTEREST IN
Indirect beneficial
THE TRANSACTION
NAME OF ASSOCIATE
NWN
Automotive Precision Engineering
Pty Ltd
RELATIONSHIP WITH DIRECTOR
Shareholder
NAME OF DIRECTOR
A F Litschka
COMPANY OF WHICH A DIRECTOR
Argent
STATUS: EXECUTIVE/NON-EXECUTIVE
Executive director
TYPE AND CLASS OF SECURITIES
Ordinary shares
NATURE OF TRANSACTION
Purchase of shares by an associate
of director (on-market transaction)
DATE OF TRANSACTION
(1)
3 March 2022
(2)
3 March 2022
(3)
3 March 2022
(4)
4 March 2022
PRICE PER SECURITY
(1)
R12.68
(2)
R12.72
(3)
R12.75
(4)
R12.65
NUMBER OF SECURITIES TRANSACTED
(1)
22 600
(2)
6 800
(3)
4 600
(4)
25 840
TOTAL RAND VALUE OF SECURITIES
(1)
R286 568
TRANSACTED
(2)
R86 496
(3)
R58 650
(4)
R326 876
NATURE AND EXTENT OF INTEREST IN
Indirect beneficial
THE TRANSACTION
NAME OF ASSOCIATE
NWN
Automotive Precision Engineering
Pty Ltd
RELATIONSHIP WITH DIRECTOR
Shareholder
NAME OF DIRECTOR
S J Cox
COMPANY OF WHICH A DIRECTOR
Argent
STATUS: EXECUTIVE/NON-EXECUTIVE
Executive director
TYPE AND CLASS OF SECURITIES
Ordinary shares
NATURE OF TRANSACTION
Purchase of shares by an associate
of director (on-market transaction)
DATE OF TRANSACTION
(1)
3 March 2022
(2)
3 March 2022
(3)
3 March 2022
(4)
4 March 2022
PRICE PER SECURITY
(1) R12.68
(2) R12.72
(3)
R12.75
(4)
R12.65
NUMBER OF SECURITIES TRANSACTED
(1)
22 600
(2)
6 800
(3)
4 600
(4)
25 840
TOTAL RAND VALUE OF SECURITIES
(1)
R286 568
TRANSACTED
(2)
R86 496
(3)
R58 650
(4)
R326 876
NATURE AND EXTENT OF INTEREST IN
Indirect beneficial
THE TRANSACTION
NAME OF ASSOCIATE
NWN Automotive Precision Engineering
Pty Ltd
RELATIONSHIP WITH DIRECTOR
Shareholder
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
Durban
7 March 2022
Sponsor
PSG Capital
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Disclaimer
Argent Industrial Limited published this content on 07 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2022 08:48:07 UTC.
Argent Industrial Limited is a holding company organized around 3 areas of activity:
- manufacturing and distribution of consumer goods (63.8% of net sales);
- trading and distribution of steel products (36.1%);
- real estate management (0.1%): owned, at the end of March 2022, a real estate portfolio of 8 assets with a value of ZAR 235 million.