PNC 201509100045A
Dealing in securities
Pinnacle Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle”)
Dealing in securities
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 Mr HMP Ferreira, a director of a major subsidiary of Pinnacle:
Name of Director HMP Ferreira
Position Executive Director
Nature of Interest Direct / Beneficial
Type of Transaction Sale of Securities
Class of Security Ordinary shares in Pinnacle
Number of shares 154 trades totalling 250 000 shares
Price - High 1270 cents
- Weighted average 1238.07 cents
- Lowest 1230 cents
Value of Transaction R 3 095 175
Date of Transaction 9 September 2015
These shares had been acquired three years ago through the Pinnacle Share Purchase Scheme. The restrictive period,
whereby the shares were unable to be traded, had passed and the share debt incurred on the acquisition of the
shares needed to be settled. Most of the proceeds from the sale of the shares are to be applied to settle the share
debt.
The trades were done on-market and clearance to deal was obtained in terms of paragraph 3.66 of the Listings
Requirements.
Midrand
10 September 2015
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
Date: 10/09/2015 04:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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