Transaction in Own Shares
NAMIBIA ASSET MANAGEMENT LTD (“NAM”)
Registration No. 97/397
Registered in Namibia
ISIN Code: NA000AOJMZ44
NSX Share Code: NAM
TRANSACTION IN OWN SHARES
Namibia Asset Management Ltd (“NAM” or “the Group”), with the
objective of simplifying its Group structure by unwinding NSST,
announces that it has sold the following number of its ordinary
shares owned through its employee share scheme trust, NAM Staff
Share Scheme Trust (“NSST”), on market. The shares sold were
unallocated shares. Other incentive schemes are in place to
incentivise staff.
Transaction date: 17 March 2023
Number of shares sold: 100,000
Selling price (cents per 68
share):
Market price (cents per 68
share):
Total value (N$) N$68,000
Class of shares: Ordinary Shares
BY ORDER OF THE BOARD
17 March 2023
BOARD OF DIRECTORS
A Pillay* (Chairman)
T Shaanika (Chief Executive Officer)
B Uisso (Chief Financial Officer)
R G Young*
B Rossouw
S Walters
E Angula
L Smith*
E Kandongo
(* South African)
COMPANY SECRETARY
B Uisso
REGISTERED OFFICE
1st Floor, Millennium House,Corner of Robert Mugabe Avenue and
DR AB May Street, Windhoek
P.O. Box 23329, Windhoek, Namibia
SPONSOR
IJG Securities (Pty) Ltd
Member of the NSX
4th Floor, 1@Steps, c/o Grove and Chasie Streets, Windhoek
Namibia
1
TRANSFER SECRETARIES
Transfer Secretaries (Pty) Ltd
4 Robert Mugabe Avenue
P.O. Box 2401
Windhoek, Namibia
2
Date: 17-03-2023 02:00:00
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