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LEW
LEW
LEW - Lewis Group Limited - Directors Dealings in Securities
Lewis Group Limited
Registration No: 2004/009817/06
JSE Share Code: LEW
ISIN: ZAE000058236
("Lewis" or the "company")
Directors Dealings in Securities
In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE
Listing requirements, the following should be noted:
As a consequence of the change in control resulting from GUS Holdings BV`s
disposal of shares in Lewis on 26 May 2005, shares and options vested in terms
of the rules of the company share schemes. The Lewis executives accepted a
condition imposed by the company that they shall not dispose of any shares
awarded nor call for delivery of the option shares prior to 1 October 2007.
(refer SENS dated 29 June 2005).
The condition imposed by the company has now expired. It has therefore become
necessary for the Lewis executive to:
a) Take delivery and settle the exercise price payable for the option shares,
and
b) To settle their tax liability on the ordinary shares vested on 26 May 2005
and the option shares delivered.
These liabilities are payable by the end of November 2007.
a) Delivery of the ordinary shares on 22 November 2007 in terms of the options
awarded.
No. of Shares
Executive Designation Purchased Price Value
A.J Smart Executive Director - 93 137 R28 R2 607 836
Lewis Group Limited
L.A Davies Executive Director - 24 503 R28 R686 084
Lewis Group Limited
J Enslin Director - 18 552 R28 R519 456
Lewis Stores (Pty) Ltd
C Heiberg Director - 26 253 R28 R735 084
Lewis Stores (Pty) Ltd
C Irwin Director - 24 503 R28 R686 084
Lewis Stores (Pty) Ltd
P.B Company Secretary - 5 250 R28 R147 000
Croucher Lewis Group Limited
b) Sale of the above ordinary shares on 22 November 2007 to mainly fund the
exercise price and taxes due.
No. of Shares
Executive Designation Sold Price Value
A.J Smart Executive Director - 93 137 R50-82 R4 733 222
Lewis Group Limited
L.A Davies Executive Director - 24 503 R50-82 R1 245 242
Lewis Group Limited
J Enslin Director - 18 552 R50-82 R942 813
Lewis Stores (Pty) Ltd
C Heiberg Director - 26 253 R50-82 R1 334 177
Lewis Stores (Pty) Ltd
C Irwin Director - 24 503 R50-82 R1 245 242
Lewis Stores (Pty) Ltd
P.B Company Secretary - 5 250 R50-82 R266 805
Croucher Lewis Group Limited
All the above transactions were for the direct benefit of the directors and
company secretary.
The requisite clearances have been obtained.
Cape Town
26 November 2007
Sponsor: UBS South Africa (Pty) Ltd
Date: 26/11/2007 17:06:02 Produced by the JSE SENS Department.
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