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QHL
QHL
QHL - Queensgate - Dealings In Securities By Associates
QUEENSGATE HOTELS AND LEISURE LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/013649/06)
Share code: QHL
ISIN code: ZAE000113718
("Queensgate" or "the Company")
DEALINGS IN SECURITIES BY ASSOCIATES
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements,
the following information is disclosed:
1. NAME OF DIRECTORS A J Hubbard, H G B
Friedrichsen
NAME OF ASSOCIATE Queensgate Holdings (Pty)
Limited
TYPE AND CLASS OF Ordinary shares
SECURITIES
DATE OF EXERCISE OF 22 December 2009
PLEDGE
PRICE AT WHICH SHARES 8.8 cents per share
WERE PLEDGED (CENTS)
NUMBER OF SHARES 64 800 000
PLEDGED
TOTAL RAND VALUE OF R 5 773 307.25
SHARES PLEDGED
NATURE OF TRANSACTION Disposal
Shares in Queensgate Hotels
and Leisure Limited were
pledged as surety in respect
of certain contracts entered
into by Queensgate Holdings
(Pty) Limited and were called
upon by the pledgor thereby
giving rise to the disposal
COMPANY TO WHOM HPF Properties (Pty) Limited
SHARES WHERE PLEDGED
NATURE AND EXTENT OF Indirect Beneficial
INTEREST IN A J Hubbard and H G B
TRANSACTION Friedrichsen, who are
executive directors of
Queensgate Hotels and Leisure
Limited, are the controlling
shareholders of Queensgate
Holdings (Pty) Limited.
2. NAME OF DIRECTORS A J Hubbard, H G B
Friedrichsen
NAME OF ASSOCIATE Queensgate Holdings (Pty)
Limited
TYPE AND CLASS OF Ordinary shares
SECURITIES
DATE OF EXERCISE OF 21 January 2010
PLEDGE
PRICE AT WHICH SHARES 7 cents per share
WERE PLEDGED (CENTS)
NUMBER OF SHARES 30 000 000
PLEDGED
TOTAL RAND VALUE OF R 2 100 000
SHARES PLEDGED
NATURE OF TRANSACTION Disposal
Shares in Queensgate Hotels
and Leisure Limited were
pledged as surety in respect
of certain contracts entered
into by Queensgate Holdings
(Pty) Limited and were called
upon by the pledgor thereby
giving rise to the disposal
COMPANY TO WHOM Exhibition Building
SHARES WHERE PLEDGED Investments (Pty) Limited
NATURE AND EXTENT OF Indirect Beneficial
INTEREST IN A J Hubbard and H G B
TRANSACTION Friedrichsen, who are
executive directors of
Queensgate Hotels and Leisure
Limited, are the controlling
shareholders of Queensgate
Holdings (Pty) Limited.
Clearance to deal in these shares was obtained in accordance with Rule 3.66 of
the JSE Limited`s Listings Requirements.
18 February 2010
Designated Adviser
PSG Capital (Pty) Limited
Date: 18/02/2010 17:28:01 Produced by the JSE SENS Department.
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