BLU - Blue Label Telecoms Limited - Voluntary Announcement
BLU
BLU
BLU - Blue Label Telecoms Limited - Voluntary Announcement
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU & ISIN: ZAE000109088
("Blue Label" or "the company")
Voluntary Announcement
Dealing in shares by directors and their associates
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, an
executive director of The Prepaid Company (Pty) Ltd (TPC), a major subsidiary of
Blue Label, today issued a SENS announcement regarding his purchase of Blue
Label shares.
In light of the JSE Limited`s (JSE) ongoing investigation into Blue Label, the
company has informed the JSE of the aforementioned open period share purchase.
The JSE`s investigation into Blue Label concerns a breach by associates of
directors of TPC, and in certain instances the directors themselves, of their
obligations in terms of the JSE`s Listings Requirements. These obligations
relate specifically to the individuals concerned requiring approval from the
company`s designated director prior to dealing in the company`s shares as well
as the timeous announcement of such share dealings to the market via SENS.
Blue Label and its executive management team are co-operating fully with the
JSE`s investigation.
1 April 2008
Sponsor:
Investec Bank Limited
Date: 01/04/2008 16:16:01 Produced by the JSE SENS Department.
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