Balwin Properties Limited
(Incorporated in the Republic of South Africa) Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Group" or "the Company")
CONSOLIDATION OF PRESCRIBED OFFICER'S INTEREST
Shareholders are advised that Rodney Gray ("Mr Gray"), the Managing Director of Balwin, disposed of his personal shareholding in the Company to Rodna Investments (Pty) Ltd, of which he is the sole director and he and related family entities are the sole shareholders.
The rationale for the transaction is that Mr Gray is consolidating his shareholding into the holding company which holds the balance of his interests in Balwin.
In compliance with the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed:
Name of prescribed officer: | Rodney Norman Gray |
Designation: | Managing Director |
Name of company: | Balwin Properties Limited |
Date of transaction: | 10 August 2022 |
Number of shares: | 456 410 |
Price per share: | R2.60 |
Total value: | R1 186 666 |
Nature of transaction: | Disposal of shares by Mr Gray to his associate (off market |
Nature of interest: | transaction) |
Change from direct beneficial to indirect beneficial | |
Clearance obtained: | Yes |
Corlett Drive
12 August 2022
Sponsor
Investec Bank Limited
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Balwin Properties Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 05:58:02 UTC.