| Thu 17 Apr 2008, 12:45 | | YRK - The York Timber Organisation Limited - Direc |
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YRK
YRK
YRK - The York Timber Organisation Limited - Directors` Dealings In Securities
The York Timber Organisation Limited
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000008108
("York")
DIRECTORS` DEALINGS IN SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited ("JSE Listing Requirements"), the following information is
disclosed:
Name of director: PC Botha
Date of transaction 17 April 2008
Class of securities: Ordinary shares
Nature of transaction: Purchase
Number of securities purchased: 8,013,462
Purchase price for 8 million shares: R25.17
Purchase price for 7,735 shares: R24.50
Purchase price for 5,727 shares: R25.00
Nature of director`s interest: Indirect, non-beneficial as
a result of being a
principal of Lereko Metier
Capital Growth Fund
Total value of transactions R201.7 million
Name of director: A Bonamour
Date of transaction 17 April 2008
Class of securities: Ordinary shares
Nature of transaction: Disposal
Number of securities purchased: 8,000,000
Purchase price per ordinary share: R25.17
Nature of director`s interest: Indirect, non-beneficial as
a result of interest held
in the sub-advisor of
Blackstar Investors plc
("Blackstar")
Value of transaction R201.3 million
Clearance to deal was obtained in accordance with paragraph 3.66 of the JSE
Listings Requirements.
Subsequent to the above transactions, the Lereko Metier Capital Growth Fund`s
interest in York has increase to 14.1%, bringing York`s BEE shareholding to 39%.
Blackstar will remain a significant and valued shareholder in York with an
interest of 10.4% in the ordinary share capital of York and will remain fully
invested in the preference shares.
Sabie
17 April 2008
Acting Sponsor
Barnard Jacobs Mellet Corporate Finance
Date: 17/04/2008 12:45:48 Produced by the JSE SENS Department.
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