PINNACLE HOLDINGS LTD - Dealing in securities by Director
PNC 201402140034A
Dealing in securities by Director
Pinnacle Holdings Limited
(Previously Pinnacle Technology Holdings Limited)
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle”)
Dealing in securities by director
In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE Limited (“Listings Requirements”), Pinnacle advises that the following dealing took place by an executive director of Pinnacle:
Name of Director : Arnold Fourie
Designation : Chief Executive Officer
Nature of Transaction : Disposal (Arising from the expiry of zero cost collar entered into on 12 December 2012 at a put strike price of 1708 cents per share)
Nature of Interest: Indirect Beneficial (Held through Carmen Fourie Family Trust)
Number of shares: 1 200 000
Price: 1906 cents
Date: 12 February 2014
Total value or transaction: R 22 872 000
Clearance Obtained: Yes
The trade was done on-market and clearance to deal was obtained in terms of paragraph 3.66 of the Listings Requirements.
Midrand
14 February 2014
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
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