Johnnic Holdings Limited - Dealing in shares by Di
Johnnic Holdings Limited - Dealing in shares by Directors
JOHNNIC HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Share Code: JNC
ISIN Code: ZAE000024352
(" Johnnic ")
In compliance with the rules 3.72 to 3.75 of the JSE Securities Exchange South
Africa Listings Requirements, please be advised that the undermentioned Johnnic
executive directors, who held options and/or allocation shares under the Johnnic
Share Incentive Scheme ("the Scheme"), have exercised their options and/or taken
delivery of their allocation shares and subsequently sold the ordinary shares in
Johnnic which were the subject of such options and/or allocation shares in order
to take into account the unbundling by Johnnic of substantially all its shares
in MTN Group Limited. All participants in the Scheme agreed to pool the
disposal of their shares and the proceeds were averaged out amongst the
participants, including the executive directors.
Name of
Director/ Transaction Number of Average Price Nature of Extent of
*Alternate Dates Johnnic per Share Transaction Interest
Director Options
Exercised/
Shares Sold
I Charnley 4 - 10 225 000 R49,73 Sale Direct
June 2003 beneficial
R K Jackson * 4 - 10 195 900 R49,73 Sale Direct
June 2003 beneficial
P M Jenkins 4 - 10 170 000 R49,73 Sale Direct
June 2003 beneficial
J R D Modise 4 - 10 492 900 R49,73 Sale Direct
June 2003 beneficial
K C Ramon 4 - 10 191 280 R49,73 Sale Direct
June 2003 beneficial
Johannesburg
12 June 2003
Sponsor: Merrill Lynch South Africa (Proprietary) Limited
Date: 12/06/2003 05:31:41 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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