|
MNY
MNY
MNY - Moneyweb Holdings Limited - Dealing in securities by directors
MONEYWEB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/025067/06)
JSE code: MNY
ISIN: ZAE000025409
("Moneyweb" or "the Company")
DEALING IN SECURITIES BY DIRECTORS
Shareholders are referred to the announcement dated 18 November 2010 and the
circular, dated 10 December 2010, regarding the mandatory offer by Caxton and
CTP Publishers and Printers Limited(Company number:1947/026616/07)("Caxton") to
acquire the ordinary shares in Moneyweb at a price of 68 cents per share held by
shareholders of the Company not part of the voting pool ("the circular"). LM
Hogg, a director of Moneyweb, indicated that she wished to accept the offer in
respect of her holding of 18 631 373 ordinary shares in Moneyweb. However AB
Hogg, who has a pre-emptive right on these ordinary shares, exercised his pre-
emptive right to acquire these shares on substantially the same terms and
conditions and the same price as set out in the circular.
Consequently, and in compliance with sections 3.63 to 3.70 of the Listings
Requirements of the JSE Limited, the following information is disclosed in
relation to dealings by directors in the Company`s securities:
Name of director: LM Hogg (non-executive director)
Date of transaction: 7 January 2011
Class of security: Ordinary shares
Total number securities: 18 631 373
Price: 68 cps
Total value: R12 669 334
Nature of transaction: Sale
Extent of interest: Direct beneficial
Clearance to deal Obtained
Where dealt: On-Market
Name of director: AB Hogg (executive director)
Date of transaction: 7 January 2011
Class of security: Ordinary shares
Total number securities: 18 549 738
Price: 68 cps
Total value: R12 613 822
Nature of transaction: Purchase
Extent of interest: Direct beneficial
Clearance to deal Obtained
Where dealt: On-Market
AB Hogg subsequently entered into a transaction to sell certain of the ordinary
shares so acquired to Caxton:
Name of director: AB Hogg (executive director)
Date of transaction: 7 January 2011
Class of security: Ordinary shares
Total number securities: 15 549 738
Price: 68 cps
Total value: R10 573 822
Nature of transaction: Sale
Extent of interest: Direct beneficial
Clearance to deal Obtained
Where dealt: Off-Market
Johannesburg
10 January 2011
Designated Adviser
Vunani Corporate Finance
Date: 10/01/2011 17:15:01 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 ] | |||||||||||||
|
|||||||||||||
