|
AET
Notice of Share Dealings by Associates Directors
ALERT STEEL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/005144/06)
JSE code: AET
ISIN: ZAE000092847
(Alert Steel)
Notification of Share Dealings by Associates of Directors
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements, Alert Steel shareholders are hereby notified that Alert Steel shares were acquired by various associates of directors of Alert Steel in terms of the rights offer that closed on 29 June 2012 (Rights Offer Closing Date).
The details are as follows:
Name of director: Malcolm McCulloch
Category of director: Non-Executive Director
Name of company: Alert Steel
Name of Associate of Director: Capital Africa Steel Pty
Ltd(CAS)
Nature of relationship: Mr McCulloch is the
Chairman of
CAS.
Date of transaction: Rights Offer Closing Date
Price of securities: 2.8 cents
Number of securities: 877948 900
Total value of securities: R24582569.20
Nature of transaction: Acquisition
Interest (direct or indirect): Indirect beneficial
Clearance given in terms of
Paragraph 3.66: Yes
Name of director: Malcolm McCulloch
Category of director: Non-Executive Director
Name of company: Alert Steel
Name of Associate of Director: Carlmac Steel Pty Ltd
(Carlmac)
Nature of relationship: Mr McCulloch is a director
and 10% shareholder of
Carlmac.
Date of transaction: Rights Offer Closing Date
Price of securities: 2.8 cents
Number of securities: 180558087
Total value of securities: R5055626.44
Nature of transaction: Acquisition
Interest (direct or indirect): Indirect beneficial
Clearance given in terms of
Paragraph 3.66: Yes
Name of directors: Edwin Hewitt
Category of director: Non-Executive Director
Name of company: Alert Steel
Name of Associate of Director: CAS
Nature of relationship: Mr Hewitt is the CEO of
CAS.
Date of transaction: Rights Offer Closing Date
Price of securities: 2.8 cents
Number of securities: 877948 900
Total value of securities: R24582569.20
Nature of transaction: Acquisition
Interest (direct or indirect): Indirect beneficial
Clearance given in terms of
Paragraph 3.66: Yes
Name of directors: Wessel van der Merwe
Category of director: Independent Non-Executive
Director
Name of company: Alert Steel
Name of Associate of Director: Cannistraro Investments
219 Pty Ltd
(Cannistraro)
Nature of relationship: Mr van der Merwe is a 100%
shareholder and the only
director of Cannistraro.
Date of transaction: Rights Offer Closing Date
Price of securities: 2.8 cents
Number of securities: 71841443
Total value of securities: R2011560.40
Nature of transaction: Acquisition
Interest (direct or indirect): Indirect beneficial
Clearance given in terms of
Paragraph 3.66: Yes
Name of directors: Gwen Mahuma
Category of director: Independent Non-Executive
Director
Name of company: Alert Steel
Name of Associate of Director: Mahuma Investments
Holdings
Pty Ltd (Mahuma
Investments)
Nature of relationship: Ms Mahuma is a 100%
shareholder and director
of
Mahuma Investments.
Date of transaction: Rights Offer Closing Date
Price of securities: 2.8 cents
Number of securities: 10866 543
Total value of securities: R304263.21
Nature of transaction: Acquisition
Interest (direct or indirect): Indirect beneficial
Clearance given in terms of
Paragraph 3.66: Yes
Pretoria
12 July 2012
Designated adviser
QuestCo (Pty) Limited
Date: 12/07/2012 04:20:00 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 ] | |||||||||||||
|
|||||||||||||
