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BEG
BEG
BEG - Beige Holdings Limited - Exercise of options by directors
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
EXERCISE OF OPTIONS BY DIRECTORS
Thebe Medicare (Pty) Ltd ("Thebe") has exercised its option to subscribe for 19
066 584 shares in the company at an exercise price of 8 cents per share. This
option was granted to Thebe at the time of the acquisition of the remaining 50%
plus one share in Quality Products (Pty) Ltd and was approved by shareholders at
a general meeting held on 13 November 2006. 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
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Number of options exercised 3 737 050
(indirectly):
Option strike price: 8 cents per share
Date option exercised: 28 September 2007
Indirect value of transaction: R298 964
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly held): 0.20%
Name of director: J Black
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Number of options exercised 1 525 327
(indirectly):
Option strike price: 8 cents per share
Date option exercised: 28 September 2007
Indirect value of transaction: R122 026.16
Nature of director`s interest: Indirect Beneficial
Extent of interest (indirectly held): 0.08%
Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings
Requirements of the JSE.
Johannesburg
08 October 2007
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 09/10/2007 15:16:59 Produced by the JSE SENS Department.
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