Sabvest director kyle de matteis increases stake with august share purchases
Kyle De Matteis, a director of Sabvest Capital Limited ("Sabcap"), conducted two on-market transactions involving ordinary Sabcap shares in August 2025. The first transaction, executed on 25 August 2025, saw the purchase of 58,350 shares at a price of 9500 cents per share, resulting in a total transaction value of R5,543,250.
A subsequent purchase by De Matteis occurred on 28 August 2025, involving 17,960 ordinary shares. These shares were acquired at a volume-weighted average purchase price of 10001 cents per share. The individual purchase prices for this transaction ranged from a lowest of 9999 cents to a highest of 10002 cents. This second dealing amounted to a total transaction value of R1,796,198.54.
Both transactions were direct, beneficial on-market purchases, and clearance to deal was obtained prior to their execution. Sabvest Capital Limited released this announcement from Sandton on 29 August 2025, with Rand Merchant Bank serving as the sponsor.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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