MVG/MVGP - Mvela Group - Change In Director`s Interest In Mvela Group
MVG MVGP
MVG
MVG/MVGP - Mvela Group - Change In Director`s Interest In Mvela Group
MVELAPHANDA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/004153/06)
Ordinary Share Code: MVG & ISIN: ZAE000060737
Preference Share Code: MVGP & ISIN: ZAE000073540
("Mvela Group")
Change in director`s interest in Mvela Group
M Xayiya has an indirect holding of 12 956 122 shares in Mvela Group via
Mvelaphanda Holdings as he is a beneficiary of The Dikela Trust which is a
shareholder of Mvelaphanda Holdings.
Further to the transfer of 10 000 000 and 8 000 000 Mvela Group shares by
Mvelaphanda Holdings in lieu of the repayment of debt on 3 March 2009 and 8
September 2009 respectively, the indirect beneficial interest in Mvela Group
held by M Xayiya via his indirect shareholding in Mvelaphanda Holdings have
reduced by 1 800 000 shares. Consequently, M Xayiya holds an indirect
beneficial interest of 11 156 122 Mvela Group shares (representing 2.5% of
the issued share capital of Mvela Group).
29 September 2009
Sandton
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 29/09/2009 17:05:01 Produced by the JSE SENS Department.
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