Rand Merchant Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2010/005770/06)
ISIN: ZAE000210688
JSE ordinary share code: RMI ("RMI" or "the Company")
DEALING IN SECURITIES BY THE COMPANY
RMI shareholders are referred to the announcement released on the Stock Exchange News Service on 16 March 2022 in respect the decision not to continue with an active investment strategy and to embark on an orderly and managed transition to a structure that represents an effective listing of OUTsurance. In line with this decision, RMI has unwound its hedge position relating to its long-term incentive plan for qualifying employees.
In compliance with the JSE Limited Listings Requirements, the following information is disclosed:
Company | : | RMI |
Date of transaction | : | 25 March 2022 |
Nature of transaction | : | Off-market acquisition and sale |
of RMI call options | ||
Class and number of | : | Call options on 3 109 870 RMI |
securities acquired | ordinary shares | |
Class and number of | : | Call options on 7 157 846 RMI |
securities sold | ordinary shares | |
Delta reference | : | 4 914.21 cents per ordinary |
share | ||
Strike price range of | : | 5 600.00 cents to 8 000.00 |
securities acquired | cents per ordinary share | |
Strike price range of | : | 0.01 cents to 4 600.00 cents |
securities sold | per ordinary share | |
Premium received | : | R132 663 684.25 |
Expiry date range | : | 4 April 2022 to 2 October 2026 |
Nature of interest | : | Direct beneficial |
Clearance obtained | : | Yes |
Rosebank | ||
29 March 2022 | ||
Sponsor |
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
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RMI - Rand Merchant Investment Holdings Ltd published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 11:08:01 UTC.