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REINET INVESTMENTS S.C.A - Notification of managers transactions

Release Date: 05/08/2024 17:00
Code(s): RNI     PDF:  
Wrap Text
Notification of managers’ transactions

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


COMPANY ANNOUNCEMENT FOR IMMEDIATE RELEASE

Notification of managers' transactions

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, and the issuer shall in turn disclose the information received, Reinet Investments S.C.A. (the "Company") announces the following:

On 2 August 2024, the Company has been notified that Reinet Investment Advisors Limited, will dispose on or around the date hereof of 134 561 ordinary shares of the Company at a price of EUR 24.8943 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 607 733 ordinary shares of the Company, which it had acquired to hedge share based incentive awards to key executives and employees.

On 2 August 2024, the Company has been notified that Mr Frederik Wilhelm van Zyl, a director of Reinet Investments Manager S.A., the general partner of the Company, acquired 127 415 ordinary shares of the Company at a price of EUR 24.8943 per share on 1 August 2024. The acquisition resulted from an entitlement under a share appreciation rights scheme and related awards to key executives. The transaction was executed outside a trading venue. 

 



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)

5 August 2024

Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
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: 05-08-2024 05:00:00
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