Senior insider sale
CEO & Executive Chairman at KAROOOOO LTD. — senior position signals high conviction
$780.0K
28.81K shares
CALISTO ISAIAS JOSE plans to sell 28.81K shares of KAROOOOO LTD. valued at approximately $780.0K. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Pursuant to a scheme of arrangement and subsequent Reinvestment Offer by the Issuer
See "Nature of Acquisition Transaction"
Acquired pursuant to the conversion of a shareholder loan from IJ Calisto to the Issuer on November 18, 2020. Calisto remained the sole shareholder.
See "Nature of acquisition transaction"
Subscription for shares pursuant to incorporation of the Issuer on May 19, 2018. Sole shareholder owning 100% of the issued shares.
Initial issue of founder shares
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
4/21/2021 | Pursuant to a scheme of arrangement and subsequent Reinvestment Offer by the Issuer See "Nature of Acquisition Transaction" | 86.40K | — |
11/18/2020 | Acquired pursuant to the conversion of a shareholder loan from IJ Calisto to the Issuer on November 18, 2020. Calisto remained the sole shareholder. See "Nature of acquisition transaction" | 20.33M | — |
5/19/2018 | Subscription for shares pursuant to incorporation of the Issuer on May 19, 2018. Sole shareholder owning 100% of the issued shares. Initial issue of founder shares | 1K | — |
| Total | 20.42M | ||
Units to sell
28.81K
Market value
$780.0K
Units
28.81K
Value
$780.0K
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
11/24/2023 | 28.81K | $780.0K | Nasdaq &/or JSE | Planned |
| Total | 28.81K | $780.0K | ||