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NAI NAN
NAI
NAI / NAN - Nail - Directors Dealings In Securities
NEW AFRICA INVESTMENTS LIMITED ("NAIL")
(Incorporated in the Republic of South Africa)
(Registration number 1993/002467/06)
Share codes: NAI and NAN
ISIN : ZAE000033338 and ZAE000033346
DIRECTORS DEALINGS IN SECURITIES
In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE
Limited ("Listings Requirements"), we hereby advise of the following dealings by
a director in NAIL`s securities:
Name of director: G Chadwick
Date of transaction: 16 February 2009
Initial price per share: R0.26
Number of shares: 113 456
Total initial value: R29 498.56
Class of securities: Ordinary shares
Nature of transaction: Purchase
Nature and extent of director`s interest: Indirect Beneficial
Name of director: G Chadwick
Date of transaction: 16 February 2009
Initial price per share: R0.26
Number of shares: 726 166
Total initial value: R188 803.16
Class of securities: "N" Ordinary shares
Nature of transaction: Purchase
Nature and extent of director`s interest: Indirect Beneficial
Name of director: G Snelgar
Date of transaction: 16 February 2009
Initial price per share: R0.26
Number of shares: 551 397
Total initial value: R143 363.22
Class of securities: Ordinary shares
Nature of transaction: Purchase
Nature and extent of director`s interest: Indirect Non-Beneficial
Name of director: G Snelgar
Date of transaction: 16 February 2009
Initial price per share: R0.26
Number of shares: 3 529 175
Total initial value: R917 585.50
Class of securities: "N" Ordinary shares
Nature of transaction: Purchase
Nature and extent of director`s interest: Indirect Non-Beneficial
The initial price per share may be increased in the event that certain tax
claims NAIL has against South African Revenue Services are received.
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements.
The JSE Limited granted dispensation with respect to the dealing of securities
by directors in a closed period in terms of the Listings Requirements provided
that the mandatory offer, which will follow these trades, must remain open for
at least 10 working days after the reviewed results of NAIL are published.
Sandton
17 February 2009
Sponsor
Investec Bank Limited
Date: 17/02/2009 11:20:02 Produced by the JSE SENS Department.
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