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SBG
SBG
SBG - Simeka - Directors` Dealings In Securities
SIMEKA BSG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/012583/06)
JSE code: SBG & ISIN: ZAE000074878
("Simeka")
DIRECTORS` DEALINGS IN SECURITIES
In compliance with sections 3.63 to 3.65 of the Listings Requirements of
the JSE Limited ("JSE"), the following information is disclosed:
Name of director: BP Hopkinson a director of Simeka.
Date of transaction: 29 November 2007
Bought Put at a strike price of 125 cents per share
Average Sold Call at a strike 166 cents per share
price of
Average Expiry 7 December 2009
Nature of transaction Zero cost collar hedge over Simeka
ordinary shares
No of options 800,000
Nature and extent of directors Direct beneficial
interest:
Clearance to deal Yes
Name of director: BP Hopkinson a director of Simeka.
Date of transaction: 29 November 2007
Bought Put at a strike price of 125 cents per share
Average Sold Call at a strike 165 cents per share
price of
Average Expiry 7 December 2009
Nature of transaction Zero cost collar hedge over Simeka
ordinary shares
No of options 1,200,000
Nature and extent of directors Direct beneficial
interest:
Clearance to deal Yes
Name of director: BP Hopkinson a director of Simeka.
Date of transaction: 29 November 2007
Nature of transaction: Purchase of 2,000,000 Simeka
futures contracts (equivalent to
2,000,000 Simeka ordinary shares).
Effective price per share 129 cents
Total value R2,580,000
Average Expiry March 2008
Nature and extent of director`s Direct beneficial
interest:
Clearance to deal: Yes
Name of associate of director: Ramsingh Investments (Pty) Ltd an
associate of KS Ramsingh a
director of the company
Date of transaction: 29 November 2007
Bought Put at a strike price of 125 cents per share
Average Sold Call at a strike 166 cents per share
price of
Average Expiry 7 December 2009
Nature of transaction Zero cost collar hedge over Simeka
ordinary shares
No of options 1,000,000
Nature and extent of interest: Indirect beneficial
Clearance to deal Yes
Name of associate of director: Ramsingh Investments (Pty) Ltd an
associate of KS Ramsingh a
director of the company
Date of transaction: 29 November 2007
Bought Put at a strike price of 125 cents per share
Average Sold Call at a strike 165 cents per share
price of
Average Expiry 7 December 2009
Nature of transaction Zero cost collar hedge over Simeka
ordinary shares
No of options 1,500,000
Nature and extent of interest: Indirect beneficial
Clearance to deal Yes
Clearance to deal was received in terms of paragraph 3.66 of the JSE
Listings Requirements.
Rosebank
30 November 2007
Designated advisor
Java Capital (Proprietary) Limited
Date: 30/11/2007 15:53:15 Produced by the JSE SENS Department.
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