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ISB
ISB
ISB - Insimbi -Voluntary update of shareholding information
Insimbi Refractory and Alloy Supplies Limited
Formerly Insimbi Alloy Supplies (Proprietary) Limited
(Registration number 2002/029821/06)
JSE share code: ISB
ISIN Number: ZAE000116828
("Insimbi" or "the company")
VOLUNTARY UPDATE OF SHAREHOLDING INFORMATION
Shareholders are referred to the private placing and listing of Insimbi
announcement of 11 March 2008("the announcement").
Paragraph 4 of the announcement detailed the interests of directors in the share
capital of Insimbi, as follows:
Direct Indirect Percentage
Beneficial Beneficial
F Botha - 46 250 000 23.125
EP Liechti - 46 250 000 23.125
CF.Botha - 46 250 000 23.125
PJ Schutte - 46 250 000 23.125
DJ O`Connor - 15 000 000 7.500
TOTAL - 200 000 000 100.000
As part of the private placing process, certain directors and their associates
subscribed for additional new shares in Insimbi at the private placing price of
80 cents per share, as follows:
Director Number Value Extent of
Of Interest
Ordinary
Shares
Associate of F Botha 250 000 R200 000 Indirect
beneficial
Associate of CF Botha 250 000 R200 000 Indirect
beneficial
L Tessendorf 187 500 R150 000 Direct
beneficial
Associate of EP Liechti 250 000 R200 000 Indirect
beneficial
Associate of PJ Schutte 300 000 R240 000 Indirect
beneficial
Associate of R Makkink 125 000 R100 000 Indirect
(Director and Company beneficial
Secretary)
Accordingly, the updated interests of directors are as follows:
Direct Indirect Percentage*
Beneficial Beneficial
F Botha - 46 500 000 17.88
E.P Liechti - 46 500 000 17.88
C.F.Botha - 46 500 000 17.88
P.J Schutte - 46 550 000 17.90
D.J O`Connor - 15 000 000 5.77
L Tessendorf 187 500 - 0.07
M Makkink(co sec - 125 000 0.05
and director)
TOTAL 187 500 201 175 000 77,45
*Based on the current issued share capital of 260 000 000 ordinary shares.
Johannesburg
4 April 2008
DESIGNATED ADVISOR
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Registration number 1970/003711/07
Date: 04/04/2008 11:17:01 Produced by the JSE SENS Department.
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