LEW - Lewis Group Limited - Directors dealings in securities
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.
The following executive purchased his option shares and settled his tax
liability on 30 November 2007.
Executive : B van Aswegen
Designation : Director - Lewis Stores (Pty) Ltd
Number of shares : 14 185
Class : Ordinary
Price : R28
Value of transaction : R397 180
Extent of interest : Direct Beneficial
Cape Town
4 December 2007
Sponsor: UBS South Africa (Pty) Ltd
Date: 04/12/2007 17:05:02 Produced by the JSE SENS Department.
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