|
CYB
CYB
CYB - Cyberhost Limited - Directors Dealings In Securities
CYBERHOST LIMITED
(To be renamed Queensgate Hotels and Leisure Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1998/013649/06)
Share code: CYB & ISIN code: ZAE000017471
(`Cyberhost` or `the company`)
DIRECTORS DEALINGS IN SECURITIES
In order to facilitate the transaction between Queensgate Holdings (Proprietary)
Limited ("QH") and Mvelaphanda Group Limited ("Mvela") and in conjunction with
the intended reverse listing of Queensgate Leisure Holdings (Proprietary)
Limited ("Queensgate Leisure") into Cyberhost, QH has restructured its affairs
through the purchase of shares and settled loans due with the Dale Group and its
associates, which amount has been settled through the transfer of shares in
Cyberhost. The Dale Group and its associates remain part of the control
structure of Cyberhost. A Hubbard and H Friedrichsen are shareholders in QH.
Accordingly, in compliance with rules 3.63 - 3.74 of the JSE Listing
Requirements, the following information is disclosed:
Name of director: A Hubbard
Name of company: Cyberhost
Date of transaction: 29 February 2008
Class of securities: Ordinary shares
Number of securities: 53 769 624
Nature of transaction: Sale
Transaction price: 24.8 cents per share
Total value of transaction: R13 334 866.75
Nature of interest: Indirect beneficial
Extent of interest: 10.75%
Name of director: HGB Friedrichsen
Name of company: Cyberhost
Date of transaction: 29 February 2008
Class of securities: Ordinary shares
Number of securities: 35 544 823
Nature of transaction: Sale
Transaction price: 24.8 cents per share
Total value of transaction: R8 815 116.10
Nature of interest: Indirect beneficial
Extent of interest: 7.11%
In addition, QH has set aside 60 620 000 shares for its own employees, in terms
of which QH employees can purchase shares in Cyberhost at 4 and 5 cents per
share, depending on terms of payment. The shares will remain under the control
of QH.
Accordingly, in compliance with rules 3.63 - 3.74 of the JSE Listing
Requirements, the following information is disclosed:
Name of director: A Hubbard
Name of company: Cyberhost
Date of transaction: 29 February 2008
Class of securities: Ordinary shares
Number of securities: 25 217 920
Nature of transaction: Sale
Transaction price: 4 cents per share
Total value of transaction: R1 008 716.80
Nature of interest: Indirect beneficial
Extent of interest: 5.04%
Name of director: HGB Friedrichsen
Name of company: Cyberhost
Date of transaction: 29 February 2008
Class of securities: Ordinary shares
Number of securities: 16 670 500
Nature of transaction: Sale
Transaction price: 4 cents per share
Total value of transaction: R666 820.00
Nature of interest: Indirect beneficial
Extent of interest: 3.33%
Name of director: W Voigt
Name of company: Cyberhost
Date of transaction: 29 February 2008
Class of securities: Ordinary shares
Number of securities: 5 000 000
Nature of transaction: Purchase
Transaction price: 4 cents per share
Total value of transaction: R200 000
Nature of interest: Indirect beneficial
Extent of interest: 1.00%
Clearance was obtained in accordance with Rule 3.66 of the JSE Listing
Requirements.
Johannesburg
10 March 2008
Sponso Company Secretary
Arcay Moela Sponsors (Pty) Ltd Arcay Client Support
(Pty) Ltd
Date: 10/03/2008 07:24:44 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
