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REINET INVESTMENTS S.C.A - Notification of a manager's transaction

Release Date: 06/06/2024 16:00
Code(s): RNI     PDF:  
Wrap Text
Notification of a manager's transaction

Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI
LEI: 222100830RQTFVV22S80


COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE

Notification of a manager's transaction

The Company is required, pursuant to Section 18.21(e) of the JSE Listings Requirements, to announce on SENS the equivalent information that is made publicly available on the Luxembourg Stock Exchange.

Pursuant to the European Union regulation on market abuse, which requires that persons discharging managerial responsibilities within an issuer as well as persons closely associated with them shall notify the issuer of certain transactions, Reinet Investments S.C.A. (the "Company") has been notified of the following:

On 5 June 2024, the Company has been notified that Reinet Investment Advisors Limited, will dispose on or around the date hereof of 4 516 ordinary shares of the Company at a price of EUR 24.2916 per share. The disposal results from an obligation under a share appreciation rights scheme and related awards to key executives. The transaction will be executed outside a trading venue. 

Reinet Investment Advisors Limited is the investment advisor of Reinet Fund S.C.A., F.I.S. and also a person closely associated with persons discharging managerial responsibilities within the Company. Prior to the disposal, which is the subject of this notification, it held 773 889 ordinary shares of the Company, which it had acquired to hedge share based incentive awards to key executives and employees.



Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)


6 JUNE 2024


Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Legal Entity Identifier : 222100830RQTFVV22S80
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10   Fax (+352) 22 72 53
Email: info@reinet.com  website: www.reinet.com
Date: 06-06-2024 04:00:00
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