CVN - Convergenet Holdings Limited - Award of securities to a director
CVN
CVN
CVN - Convergenet Holdings Limited - Award of securities to a director
CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000102067
("ConvergeNet" or "the company")
AWARD OF SECURITIES TO A DIRECTOR
In terms of the ConvergeNet Holdings Limited Forfeitable Share Plan (FSP) as
approved by the shareholders at the annual general meeting which was held on
Friday, 18 January 2008 the following director has been awarded a further 2 000
000 shares at an issue price of 23 cents per share being the market value of the
shares on 18 November 2011.
In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed.
Name of director: DF Bisschoff
Name of company: ConvergeNet
Date of transaction: 13 December 2011
Class of securities: Ordinary shares
Number of securities: 2 000 000
Nature of transaction: Award of shares under FSP
Purchase price: 23 cents per share
Total value of transaction: R460 000.00
Nature of interest: Direct beneficial
Extent of interest: 0.22%
Clearance for this award was obtained in accordance with Rule 3.66 of the JSE
Listing Requirements.
Johannesburg
14 December 2011
Sponsors
Arcay Moela Sponsors (Pty) Ltd
Date: 14/12/2011 17:16:00 Produced by the JSE SENS Department.
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