ANS - Ansys Limited - Placement Of Director`s Shares With An Institutional
ANS
ANS
ANS - Ansys Limited - Placement Of Director`s Shares With An Institutional
Investor
Ansys Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(JSE code: ANS & ISIN: ZAE000097028)
("Ansys" or "the company")
PLACEMENT OF DIRECTOR`S SHARES WITH AN INSTITUTIONAL INVESTOR
A director of Ansys has sold 3 million shares at R1.60 per share to an
institutional investor through a Share Block Placement. The sale of shares is in
line with the company`s objective to expand its institutional shareholding base.
The placement will also increase the free float of Ansys shares with a resulting
improvement in liquidity.
In compliance with rule of 3.63 to 3.65 of the JSE Listing Requirements, the
following should be noted in terms of the director offering his shares in the
above-mentioned Share Block Placement:
Name of director: A Holloway
Date of transaction: 29 July 2008
Nature of transaction: Sale
Price: 160 cps
Number of shares: 3 000 000
Total amount: R4 800 000-00
Class of security: Ordinary Shares
Nature of interest: Direct Beneficial
Clearance obtained: Yes
31 July 2008
Johannesburg
Designated Advisor:
Exchange Sponsors (Pty) Ltd
Date: 31/07/2008 11:21:02 Produced by the JSE SENS Department.
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