| Mon 24 Feb 2014, 8:00 | | JASCO ELECTRONICS HOLDINGS LIMITED - Dealing in securities by directors |
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JSC 201402240008A
Dealing in securities by directors
Jasco Electronics Holdings Limited
Incorporated in the Republic of South Africa
Registration number 1987/003293/06
Share code: JSC
ISIN: ZAE000003794
("Jasco" or "the Company")
DEALING IN SECURITIES BY DIRECTORS
In accordance with the requirements of paragraph 3.63 to 3.74 of the
JSE Limited Listings Requirements (“Listings Requirements”), the
following dealing in securities by a director should be noted:
Name of company : JASCO ELECTRONICS HOLDINGS LIMITED
Name of director : AMF Da Silva, an executive director
of Jasco
Class of securities : Shares in Jasco
Nature of transactions : Grant of shares
Nature of interests : Direct beneficial
Acceptance date : 21 February 2014
No of shares : 720 000
Share strike price : 72 cents per share
Share strike date : 19 February 2014
Period of exercise and/or * after 2 years have elapsed from
vesting the date on which the share is
granted, in respect of not more
than fifty percent of the shares
which are the subject of that
share;
* after 3 years have elapsed from
the date on which the share is
granted, in respect of not more
than seventy five percent of the
shares which are the subject of
that share; and
* after 4 years have elapsed from
the date on which the share is
granted, in respect of all the
shares which are the subject of
that share.
Total value of transaction : R518,400.00
Name of company : JASCO ELECTRONICS HOLDINGS LIMITED
Name of director : WA Prinsloo, an executive director
of Jasco
Class of securities : Shares in Jasco
Nature of transactions : Grant of shares
Nature of interests : Direct beneficial
Acceptance date : 21 February 2014
No of shares : 750 000
Share strike price : 72 cents per share
Share strike date : 19 February 2014
Period of exercise and/or * after 2 years have elapsed from
vesting the date on which the share is
granted, in respect of not more
than fifty percent of the shares
which are the subject of that
share;
* after 3 years have elapsed from
the date on which the share is
granted, in respect of not more
than seventy five percent of the
shares which are the subject of
that share; and
* after 4 years have elapsed from
the date on which the share is
granted, in respect of all the
shares which are the subject of
that share.
Value of transaction : R540,000.00
Name of company : JASCO ELECTRONICS HOLDINGS LIMITED
Name of director : M Janse Van Vuuren, director of
Jasco Enterprise (Pty) Limited a
major subsidiary of Jasco
Class of securities : Options in Jasco
Nature of transactions : Grant of options
Nature of interests : Direct beneficial
Acceptance date : 21 February 2014
No of options : 637 000
Option strike price : 72 cents per share
Option strike date : 19 February 2014
Period of exercise and/or * after 2 years have elapsed from
vesting the date on which the option is
granted, in respect of not more
than fifty percent of the options
which are the subject of that
option;
* after 3 years have elapsed from
the date on which the option is
granted, in respect of not more
than seventy five percent of the
options which are the subject of
that option; and
* after 4 years have elapsed from
the date on which the option is
granted, in respect of all the
options which are the subject of
that option.
Value of transaction : R458,640.00
* Clearance to trade has been obtained in terms of section 3.66
of the Listings Requirements.
Johannesburg
24 February 2014
Designated Advisor:
Grindrod Bank Limited
Date: 24/02/2014 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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