Reinet Investments SCA / Key word(s): Miscellaneous 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.
Reinet Investments S.C.A. (the 'Company') is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. ('Reinet Fund'), a specialised investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam and the Johannesburg Stock Exchange, the secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg Stock Exchange. The Company and Reinet Fund together with Reinet Fund's subsidiaries are referred to as 'Reinet'.
End of Inside Information |
| Language: | English |
| Company: | Reinet Investments SCA |
| 35, Boulevard Prince Henri | |
| 1724 Luxemburg | |
| Luxemburg | |
| Phone: | +352 22 72 53 |
| E-mail: | info@reinet.com |
| ISIN: | LU0383812293 |
| Valor: | 4503016 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich |
| EQS News ID: | 1961335 |
| End of Announcement | EQS News Service |
1961335 05-Aug-2024 CET/CEST
