|
BEG
BEG
BEG - Beige - Correction Announcement
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE000034161 & Share code: BEG
CORRECTION ANNOUNCEMENT
Shareholders are referred to the single stock futures dealing announcement
released on SENS on 12 July 2007. The number of single stock futures
contracts entered into by Thebe Medicare (Proprietary) Limited ("Thebe") is
in fact 1 876 686 contracts and not 18 766 860 contracts as appeared in the
introduction to the announcement. Through each single stock futures
contract, Thebe has committed to purchase 100 shares when the futures
contract expires and accordingly the 187 668 600 shares sold have
effectively been replaced by the 1 876 686 futures purchased. Shareholders
are, however, advised that an additional 4 199 595 shares, representing 41
996 contracts are held by the broker as additional cover, which shares will
be released into the Thebe`s future trading account on a weekly basis. As
indicated in the prior announcement, Thebe retains the beneficial interest
in and the voting rights attached to the shares. Shareholders are further
advised that the indirect beneficial interests of the directors as
previously disclosed related to indirect holdings in the entity that traded,
as opposed to their indirect beneficial holdings in Beige itself. The
indirect beneficial interests in Beige, including the shares held as cover,
are accordingly disclosed below.
Name of director: Y Bhayat
Date of transaction 03 July 2007
Number of shares sold 37 606 166 shares at 28 cents
(indirectly): per share
Number of single stock futures 376 062 contracts
contracts purchased (indirectly):
Class of securities: Single stock futures
Nature of transaction: Sale of underlying shares and
purchase of single stock
futures contracts
Contract price per future: R29.00
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly 4.78%
held):
Indirect value of transaction: R10 905 798
Expiry date of contract: September 2007
Name of director: J Black
Date of transaction: 03 July 2007
Number of shares sold 15 349 456 shares at 28 cents
(indirectly): per share
Number of single stock futures 153 495 contracts
contracts purchased (indirectly):
Class of securities: Single stock futures
Nature of transaction: Sale of underlying shares and
purchase of single stock
futures contracts
Contract price per future: R29.00
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly 1.95%
held):
Indirect value of transaction R4 451 355
(indirect):
Expiry date of contract: September 2007
Clearance to deal was obtained in accordance with paragraph 3.66 of the
Listings Requirements of the JSE.
Johannesburg
25 July 2007
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 25/07/2007 09:08:01 Produced by the JSE SENS Department.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
