Mgx Holdings Limited - Dealing In Securities By Di
MGX Holdings Limited - Dealing in securities by Director
MGX Holdings Limited
(Registration number 1983/012697/06)
ISIN Code: ZAE000009262
Code: MGX
Pursuant to a PUT and CALL option arrangement concluded by Mr DJJ McMahon on 5
September 2001 at a share price of R12.80 per MGX share and exercisable on 16
September 2002, which arrangement was concluded solely to guarantee certain
personal financial obligations, Mr DJJ McMahon has exercised his Put option to
sell 100 000 MGX shares at a price of R12.80 per share. The effective date of
the sale is 16 September 2002.
In compliance with rules 3.72 - 3.75 of the Listings Requirements, the following
information is disclosed:
Director : Mr DJJ McMahon
Date of Transaction : 16 September 2002
Class of security : Ordinary shares
Nature of transaction : Exercise of Put option
Number of shares and sale price : 100 000 shares @ R12.80 per share
Nature of director`s interest : Direct & beneficial
Pursuant to a PUT and CALL option arrangement concluded by Mr CS Hills on 5
September 2001 at a share price of R12.80 per MGX share and exercisable on 16
September 2002, which arrangement was concluded solely to guarantee certain
personal financial obligations, Mr CS Hills has exercised his Put option to sell
146 000 MGX shares at a price of R12.80 per share. The effective date of the
sale is 16 September 2002.
In compliance with rules 3.72 - 3.75 of the Listings Requirements, the following
information is disclosed:
Director: Mr CS Hills
Date of Transaction : 16 September 2002
Class of security : Ordinary shares
Nature of transaction : Exercise of Put option
Number of shares and sale price : 146 000 shares @ R12.80 per share
Nature of director`s interest : Indirect & non-beneficial
17 September 2002
Date: 17/09/2002 03:40:00 PM Produced by the JSE SENS Department
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