PINNACLE TECHNOLOGY HOLDINGS LTD - Dealing in securities by a family trust of Mr A J Fourie a director of Pinnacle
PNC 201212140007A
Dealing in securities by a family trust of Mr A J Fourie, a director of Pinnacle
Pinnacle Technology Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000022570
(“Pinnacle” or the “Company”)
Dealing in securities by a family trust of Mr A J Fourie, a
director of Pinnacle
In compliance with paragraphs 3.63 and 3.64 of the Listings
Requirements of the JSE Limited (“Listings Requirements”), the
following off-market dealing took place by a director of Pinnacle:
Name of trust: The Carmen Fourie Family Trust
Name of director: A J Fourie
Position Director
Nature of Interest Indirect / Beneficial
Class of securities: Ordinary shares
Transaction date: 12 December 2012
Nature of transaction: Zero premium collars entered into for
hedging purposes comprising five tranches
of 1 200 000 collars per tranche with a
put strike price of 1708 cents per share
(“cps”) and individual call strike prices
and expiry dates as;
Tranche 1: 1870 cps, 12 December 2013
Tranche 2: 1894 cps, 13 January 2014
Tranche 3: 1906 cps, 12 February 2014
Tranche 4: 1917 cps, 12 March 2014
Tranche 5: 1927 cps, 14 April 2014
Clearance to deal was obtained in terms of paragraph 3.66 of the
Listings Requirements.
Midrand
14 December 2012
Sponsor
Deloitte and Touche Sponsor Services (Pty) Limited
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