CVN - ConvergeNet - Award Of Securities To A Direc
CVN
CVN
CVN - ConvergeNet - Award Of Securities To A Director
CONVERGENET HOLDINGS LIMITED
(Formerly Vestor Investments Limited)
Incorporated in the Republic of South Africa)
(Registration number 1998/015580/06)
Share code: CVN & ISIN: ZAE000102067
("ConvergeNet" or "the company")
AWARD OF SECURITIES TO A DIRECTOR
In terms of the ConvergeNet Holdings Limited Forfeitable Share Plan (FSP) as
approved by the shareholders at the annual general meeting which was held on
Friday, 18 January 2008 the following director has been awarded 2 500 000 shares
at an issue price of 128 cents per share being the market value of the shares on
29 February 2008.
In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed.
Name of director: DF Bisschoff
Name of company: ConvergeNet
Date of transaction: 01 March 2008
Class of securities: Ordinary shares
Number of securities: 2 500 000
Nature of transaction: Award of shares under FSP
Purchase price: 128 cents per share
Total value of transaction: R3 200 000.00
Nature of interest: Direct beneficial
Extent of interest: 0.36%
Clearance for this award was obtained in accordance with Rule 3.66 of the JSE
Listing Requirements.
Johannesburg
04 March 2008
Sponsors
Arcay Moela Sponsors (Pty) Ltd
Date: 04/03/2008 10:56:28 Produced by the JSE SENS Department.
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