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Tue 23 Mar 2010, 17:00 SER/SRN - Seardel - Dealing In Securities
SER   SRN
SER                                                                             
SER/SRN - Seardel - Dealing In Securities                                       
Seardel Investment Corporation Limited                                          
Registration no. 1968/011249/06                                                 
(Incorporated in the Republic of South Africa)                                  
JSE Code: SER & ISIN Code:  ZAE000029815                                        
JSE Code: SRN & ISIN Code:  ZAE000030144                                        
("Seardel")                                                                     
DEALING IN SECURITIES                                                           
Shareholders are advised of the following information relating to the dealing in
securities by directors of Seardel and of major subsidiaries of Seardel:        
                                                                                
Name of director:                          S QUEEN                              
Name of group company:                     Seardel Investment Corporation       
                                          Limited                               
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
                                          date)                                 
Number of securities:                      6,000,000                            
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0%                                   
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
                                          30% 18 March 2014                     
                                          40% 18 March 2015                     

                                                                                
Name of director:                          A E DIXON-SEAGER                     
Name of group company:                     Seardel Investment Corporation       
Limited                               
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
date)                                 
Number of securities:                      5,000,000                            
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0%                                   
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
30% 18 March 2014                     
                                          40% 18 March 2015                     
                                                                                
                                                                                
Name of director:                          G WEGE                               
Name of group company:                     Seardel Investment Corporation       
                                          Limited                               
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
                                          date)                                 
Number of securities:                      2,500,000                            
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0%                                   
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
                                          30% 18 March 2014                     
                                          40% 18 March 2015                     

                                                                                
Name of director:                          I MORRIS                             
Name of group company:                     Prima Toy & Leisure Trading (Pty)    
Ltd                                   
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
date)                                 
Number of securities:                      1,500,000                            
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0,03%                                
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
30% 18 March 2014                     
                                          40% 118 March 2015                    
                                                                                
                                                                                
Name of director:                          W AMBROSINI                          
Name of group company:                     Prima Toy & Leisure Trading (Pty)    
                                          Ltd                                   
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
                                          date)                                 
Number of securities:                      800,000                              
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0,0%                                 
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
                                          30% 18 March 2014                     
                                          40% 18 March 2015                     

                                                                                
Name of director:                          F U NUSSBAUM                         
Name of group company:                     Prima Toy & Leisure Trading (Pty)    
Ltd                                   
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
date)                                 
Number of securities:                      800,000                              
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0,0%                                 
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
30% 18 March 2014                     
                                          40% 18 March 2015                     
                                                                                
Name of director:                          T J S ATKINSON                       
Name of group company:                     Seartec Trading (Pty) Ltd            
Class of security:                         Options                              
Date of transaction:                       18 March 2010                        
Strike/exercise date:                      18 March 2012 (first exercise        
date)                                 
Number of securities:                      1,250,000                            
Strike/exercise price:                     Nil                                  
Total value:                               Nil                                  
Nature of transaction:                     Acceptance of options                
Nature and extent of director`s interest:  0%                                   
Periods of exercise/vesting:               10% 18 March 2012                    
                                          20% 18 March 2013                     
30% 18 March 2014                     
                                          40% 18 March 2015                     
                                                                                
Clearance to deal was received as required in terms of the JSE Listings         
Requirements.                                                                   
23 March 2010                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 23/03/2010 17:00:01 Produced by the JSE SENS Department.                  
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