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PNG
PNG
PNG - Pinnacle Point - Dealings In Securities By An Approved Executive
PINNACLE POINT GROUP LIMITED
(Formerly Acc-Ross Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2000/000059/06)
Share code: PNG ISIN: ZAE000127122
("Pinnacle Point" or "the company")
DEALINGS IN SECURITIES BY AN APPROVED EXECUTIVE
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited ("JSE"), shareholders are advised that, following the close out of
Pinnacle Point Single Stock Futures ("SSF"), the following approved executive
has exited SSF`s and purchased the underlying securities as follows:
Name of approved executive: MJ Krastanov
Company: Pinnacle Point
Date of transaction: 20 March 2009
Number of shares: 40 279 contracts representing 4 027 900
shares
Class of securities: SSF`s
Nature of transaction: Sale of SSF`s
Price per contract: R4.80 per contract
Nature of director`s interest: Indirect, beneficial
Extent of interest: 0.87%
Value of transaction: R1 933 392.00
Name of approved executive: MJ Krastanov
Company: Pinnacle Point
Date of transaction: 20 March 2009
Number of shares: 4 027 900 shares
Class of securities: Ordinary shares
Nature of transaction: Purchase
Price per share: 48 cents
Nature of director`s interest: Indirect, beneficial
Extent of interest: 0.87%
Value of transaction: R1 933 392.00
Clearance to deal was not obtained in accordance with paragraph 3.66 of the
Listings Requirements of the JSE as the company is in a closed period. However,
the SSF contracts were not rolled over, which resulted in the close out of the
position.
Johannesburg
23 March 2009
Designated Advisor
Arcay Moela Sponsors (Pty) Limited
(Registration number: 2006/033725/07)
Date: 23/03/2009 17:27:02 Produced by the JSE SENS Department.
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