Sovereign Food Investments Ltd - Dealings In Secur
Release Date: 13/03/2002
Code(s): SOV
(Incorporated in the Republic of South Africa)
Registration number 1995/003990/06
Share code: SOF
ISIN Code: ZAE 000009221
DEALING IN SECURITIES BY DIRECTORS
In compliance with 3.72 - 3.75 of the Listing Requirements of the JSE
Securities Exchange South Africa, the following information is disclosed:
Name of directors : Messrs R B Spanjaard and B A Spanjaard
Date of transactions : 14 February 2002
Class of security : Ordinary shares
Nature of transactions : Purchased
No. of shares and purchase price: 1718 shares each, at a price of 160 cents
per share
Nature of extent of interest : Indirect beneficial
Name of directors : Messrs R B Spanjaard and B A Spanjaard
Date of transactions : 21 February 2002
Class of security : Ordinary shares
Nature of transactions : Sold
No. of shares and purchase price: 66 666 shares each, at a price of 175
cents per share
Nature of extent of interest : Indirect beneficial
Name of director : Mr R B Spanjaard
Date of transaction : 28 February 2002
Class of security : Ordinary shares
Nature of transaction : Purchased
No. of shares and purchase price: 3 400 shares at a price of 150 cents per
share
Nature of extent of interest : Indirect non-beneficial
The directors concerned have submitted details of their above share dealings
timeously to the company secretary for processing. However, due to the
considerable work pressures relating to the finalisation of year-end
accounts, the company secretary overlooked the matter and only informed the
sponsor of the company on 12 March 2002.
The directors concerned have submitted a letter of apology to the JSE and
confirmed that procedures have been put in place to ensure that such lapses
are avoided in future.
Port Elizabeth
13 March 2002
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