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SBG
SBG
SBG - Simeka Business Group Limited - Dealings In Securities
SIMEKA BUSINESS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/012583/06)
JSE code: SBG & ISIN: ZAE000074878
("the company")
DEALINGS IN SECURITIES
Due to personal requirements, T Botha, a director of the company, has sold a
total of 20 million shares in the company, of which 17,5 million shares were
sold to management and staff including the directors (further entrenching
management`s shareholding in the company), as set out below:
Name of director: Nishani Singh
Date of transaction: 3 September 2008
Number of securities: 500,000
Price per security: 55 cents
Total value: 275,000
Class of securities: Ordinary shares
Nature of transaction: Off-market purchase from T Botha
Nature and extent of director`s Direct beneficial
interest:
Name of associate of director: The Waqawaqa Trust, an associate
of director Bashier Adam
Date of transaction: 3 September 2008
Number of securities: 1,035,000
Price per security: 55 cents
Total value: R569,250
Class of securities: Ordinary shares
Nature of transaction: Off-market purchase from T Botha
Nature and extent of director`s Indirect beneficial
interest:
Name of director: Tozamile Botha
Date of transaction: 3 September 2008
Number of securities: 17,500,000
Price per security: 55 cents
Total value: R9,625,000
Class of securities: Ordinary shares
Nature of transaction: Off-market sale to management,
staff and directors
Nature and extent of director`s Direct beneficial
interest:
Name of director: Tozamile Botha
Date of transaction: 3 September 2008
Number of securities: 2,500,000
Price per security: 55 cents
Total value: R1,375,000
Class of securities: Ordinary shares
Nature of transaction: Sale of shares
Nature and extent of director`s Direct beneficial
interest:
Clearance to deal was received as required in terms of the JSE`s
Listings Requirements.
4 September 2008
Designated advisor
Java Capital (Proprietary) Limited
Date: 04/09/2008 17:35:13 Produced by the JSE SENS Department.
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