| Wed 22 Jun 2011, 16:20 | | PGR - Peregrine Holdings Limited - Dealings in securities by a director |
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PGR
PGR
PGR - Peregrine Holdings Limited - Dealings in securities by a director
Peregrine Holdings Limited
(Registration number 1994/006026/06)
("Peregrine" or "the company")
JSE code: PGR ISIN code: ZAE000078127
DEALINGS IN SECURITIES BY A DIRECTOR
Shareholders are advised of the following information relating to the dealing in
securities by a director of Peregrine:
Name of director: Sean Alan Melnick
Name of group company: Peregrine Holdings Limited
Total number of shares: 3,600,000
Class of shares: Ordinary
Date of transaction: 21 June 2011
Nature and value of transaction: Zero cost collar hedge over
3,600,000 Peregrine shares in 18
equal tranches of 200,000 each
with, in each case, a put strike
price of R9.78 and a call strike
price of R20.07 and with weekly
expiry dates from 5 May 2014 to 1
September 2014.
Nature and extent of director`s Indirect beneficial
interest:
Name of director: Sean Alan Melnick
Name of group company: Peregrine Holdings Limited
Total number of shares: 2,200,000
Class of shares: Ordinary
Date of transaction: 21 June 2011
Nature and value of transaction: Sale of 2,200,00 put options over
Peregrine shares (previously
purchased in terms of a SENS
announcement dated 15 September
2009), in 11 equal tranches of
200,000 each with, in each case, a
strike price of R8,12 and with
weekly expiry dates from 18 July
2011 to 26 September 2011.
Nature and extent of director`s Indirect beneficial
interest:
Clearance to deal was received in terms of the JSE Listings Requirements.
22 June 2011
Sponsor
Java Capital (Pty) Limited
Date: 22/06/2011 16:20:01 Produced by the JSE SENS Department.
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