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BWI
BWI
BWI - B & W Instrumentation and Electrical Limited - Change in
directors` indirect beneficial interests
B & W INSTRUMENTATION AND ELECTRICAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 2001/008548/06)
Share code: BWI ISIN: ZAE000098687
("B&W")
CHANGE IN DIRECTORS` INDIRECT BENEFICIAL INTERESTS
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the
Listings Requirements of JSE Limited, shareholders are advised of the
following change in directors` indirect beneficial interests:
As a result of a change in shareholding in a private company that holds
B&W shares, there has been a change in the indirect beneficial
shareholdings of two of the B&W directors.
As there has not been a transfer of B&W shares through the market, the
price per share to determine the value of the affected shares has been
shown at the 30 day volume weighted average price of R0.91 per ordinary
share as at 26 July 2011.
Increase in indirect beneficial shareholding:
Name of director: Danie Evert
Company: B & W Instrumentation and Electrical
Limited
Date of transaction: 29 July 2011
Class of securities: Ordinary shares
Clearance to deal Yes
obtained:
Nature of the Change in beneficial interest due to a
transaction: change in shareholding in a private
company that holds B&W shares
Price per share: R0.91
Number of securities: 3 640 000
Total value: R3 312 400
Extent of director`s Indirect beneficial
interest:
Decrease in indirect beneficial shareholding:
Name of director: John Barrow
Company: B & W Instrumentation and Electrical
Limited
Date of transaction: 29 July 2011
Class of securities: Ordinary shares
Clearance to deal Yes
obtained:
Nature of the Change in beneficial interest due to a
transaction: change in shareholding in a private
company that holds B&W shares
Price per share: R0.91
Number of securities: 3 640 000
Total value: R3 312 400
Extent of director`s Indirect beneficial
interest:
Johannesburg
29 July 2011
Designated Adviser
Merchantec Capital
Date: 29/07/2011 13:00:02 Produced by the JSE SENS Department.
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