MRF
MRF
MRF - Merafe Resources Limited - Director`s dealing in Merafe Resources
securities
MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
("Merafe Resources" or "the Company")
Director`s dealing in Merafe Resources securities
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealing by a director in Merafe
securities:
Director: Stuart Elliot
Company: Merafe Resources Limited
Date of transaction: 18 September 2008
Nature of transaction: Sale of securities
Class of securities: Single stock futures
Number of securities: 41,100 contracts (each contract consists of
100 shares, and the contracts expire in +-
March 2009)
Cost price: 292 cents per share
Sale price: 169 cents per share
Total value of transaction: R6,933,010
Nature of interest: Direct beneficial
Clearance obtained: Yes
This sale represents 11% of the director`s direct and indirect effective
shareholding in Merafe Resources.
Sandton
19 September 2008
Sponsor:
Deutsche Securities SA (Proprietary) Limited
Date: 19/09/2008 17:00:01 Produced by the JSE SENS Department.
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