Capital Appreciation director sells R780,000 worth of shares

BJ Powell, executive director of Dashpay Proprietary Limited, a subsidiary of Capital Appreciation Limited, sold 444,987 shares worth R780,527 in two on-market transactions.

Powell sold 200,000 shares on 18 July at an average price of R1.71, totaling R342,000. He offloaded another 244,987 shares on 21 July at R1.79 per share, worth R438,527.