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BEG
BEG
BEG - Beige Holdings Limited - Directors dealing announcement
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
("Beige" or "the company")
ISIN Code: ZAE 000034161 Share code: BEG
DIRECTORS` DEALING ANNOUNCEMENT
Thebe Medicare (Pty) Ltd ("Thebe") has entered into 2 648 856 single stock
futures contracts in respect of its shareholding in Beige. The contracts
entered into are akin to a conversion of Thebe`s existing investment in Beige
into a different instrument through the sale of the underlying ordinary shares
at 25 cents per share and the purchase of the single stock futures at an average
price of R27.16 per futures contract, secured by the underlying shares. Through
each single stock futures contract, Thebe has committed to purchase 100 shares
when the futures contract expires and accordingly the 264 885 725 shares sold
have effectively been replaced by the 2 648 856 futures contracts purchased. In
compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information relating to directors of Beige holding an
indirect beneficial interest in Thebe is disclosed:
Name of director: Y Bhayat
Date of transaction 16 August 2007
Number of shares sold (indirectly): 51 197 602 shares at 25 cents
per share
Number of single stock futures 519 176 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 R27.16
(average):
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly 2.83%
held):
Indirect value of transaction: R14 100 820.16
Expiry date of contract: 20 December 2007
Name of director: J Black
Date of transaction: 16 August 2007
Number of shares sold (indirectly): 21 190 858 shares at 25 cents
per share
Number of single stock futures 211 909 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 R27.16
(average):
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly 1.16%
held):
Indirect value of transaction R5 755 448.40
(indirect):
Expiry date of contract: 20 December 2007
Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings
Requirements of the JSE.
Johannesburg
03 September 2007
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 03/09/2007 09:28:11 Produced by the JSE SENS Department.
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