AFRICAN DAWN CAPITAL LIMITED - Directors Dealing Pursuant To The Knife Capital Acquisition
ADW 201404080011A
Directors Dealing Pursuant To The Knife Capital Acquisition
African Dawn Capital Limited
Incorporated in the Republic of South Africa
(Registration Number: 1998/020520/06)
JSE share code: ADW
ISIN: ZAE000060703
(“Afdawn” or the “Company")
DIRECTORS DEALING PURSUANT TO THE KNIFE CAPITAL ACQUISITION
Shareholders are referred to the SENS announcement dated Friday,
28 March 2014, whereby shareholders were advised that the
acquisition of 100% of the issued shares in Knife Capital
Proprietary Limited (“Knife Capital”) was unconditional and would
be implemented in accordance with the terms of the agreement
entered into on Friday, 13 December 2013 (“the Agreement”) (“the
Knife Capital Acquisition”).
In terms of the Agreement, the purchase consideration for the
Knife Capital Acquisition was payable through the issue of Afdawn
ordinary shares after the closing of the Afdawn rights offer,
which took place on Friday, 4 April 2014. Accordingly, the details
are set out below:
1.
NAME OF DIRECTOR E van Heerden
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
INTENDED DATE OF TRANSACTION 8 April 2014
CENTS PER SHARE 10
NUMBER OF SECURITIES TRANSACTED 33 333 334
TOTAL RAND VALUE OF SECURITIES R3 333 333.40
NATURE OF TRANSACTION Receipt of shares in terms of the
Knife Capital Acquisition (Off-
market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
2.
NAME OF DIRECTOR K van Zyl
STATUS:EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
INTENDED DATE OF TRANSACTION 8 April 2014
CENTS PER SHARE 10
NUMBER OF SECURITIES TRANSACTED 33 333 333
TOTAL RAND VALUE OF SECURITIES R3 333 333.00
NATURE OF TRANSACTION Receipt of shares in terms of the
Knife Capital Acquisition (Off-
market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
Johannesburg
8 April 2014
Corporate Adviser and Transaction Designated Adviser
PSG Capital
Date: 08/04/2014 10:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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