ELI - Ellies Holdings Limited - Dealings in securities by Director
ELI
ELI
ELI - Ellies Holdings Limited - Dealings in securities by Director
Ellies Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE code: ELI ISIN: ZAE000103081
("Ellies" or the "company")
DEALINGS IN SECURITIES BY DIRECTOR
Shareholders of the company are advised of the following information relating to
the dealing in securities by a director of Ellies:
Name of director: Elliot Salkow
Name of company: Ellies Holdings Limited
Transaction date: 10 February 2012
Class of securities: Ordinary shares
Number of securities: 15 000 000
Price per security: Not applicable, see below
Total value: Not applicable, see below
Nature of transaction: See Below
Nature and extent of directors` interest: Indirect beneficial
Clearance to deal received: Yes
Mr Salkow has entered into an agreement to purchase 100% of the shares in and
claims against Berrywood Investments 10 (Proprietary) Limited ("Berrywood") for
an amount of R2 million. Berrywood owns 15 million Ellies shares and has
extensive obligations under preference shares issued by it in order to fund its
purchase of its Ellies shares.
14 February 2012
Sponsor
Java Capital
Date: 14/02/2012 08:44:01 Produced by the JSE SENS Department.
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