Resource Group International Ltd - Sep 27, 2024 Form 4 Insider Report for IBEX Ltd (IBEX)

Signature
/s/ Mohammed Khaishgi, CEO, The Resource Group International Limited
Stock symbol
IBEX
Transactions as of
Sep 27, 2024
Transactions value $
-$242,118
Form type
4
Date filed
10/1/2024, 07:54 PM
Previous filing
Sep 26, 2024
Next filing
Nov 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBEX Common Shares Sale -$57.1K -2.86K -0.05% $20.00 5.36M Sep 27, 2024 Direct F1, F3
transaction IBEX Common Shares Sale -$183K -9.15K -0.17% $20.00 5.35M Sep 30, 2024 Direct F2, F3
transaction IBEX Common Shares Sale -$2K -100 0% $20.00 5.35M Oct 1, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.035 inclusive. The Resource Group International Limited ("TRG") undertakes to provide Ibex Limited (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.02 inclusive. TRG undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
F3 TRG holds the Issuer shares directly. The Resource Group Pakistan ("TRGP") is the largest shareholder of TRG and, as a result of its relationship with TRG, may be deemed to beneficially own the shares beneficially owned by TRG. TRGP does not have voting or dispositive control over Issuer shares and disclaims beneficial ownership of the shares reported herein, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that TRGP is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.