Connection Group Holdings Limited - Transaction In
Connection Group Holdings Limited - Transaction Involving Vested Shares Of A
Release Date: 24/07/2003 13:39:09 Code(s): CCT
CONNECTION GROUP HOLDINGS LIMITED - TRANSACTION INVOLVING VESTED SHARES OF A
DIRECTOR
CONNECTION GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/005390/06)
ISIN : ZAE000016630
Share code : CCT
("CONNECTION GROUP")
In the interest of good corporate governance and disclosure, the following
information concerning the exercise of shares in terms of the company"s share
option scheme is disclosed:
Director : Antonio Fourie
Date Exercised : 23 July 2003
Class of security : Ordinary shares
Nature of transactions : Exercise of 500 000 options in terms of the
Connection Group Holdings Limited Share Trust
Scheme at an exercise price of R1,00. Exercise
of 400 000 options in terms of the Connection
Group Holdings Limited Share Trust Scheme at an
exercise price of R1,50. Exercise of 120 000
options in terms of the Connection Group
Holdings Limited Share Trust Scheme at an
exercise price of R1,75. A total of 1 020 000
shares were sold at a price of R2,95.
Nature of director"s
interest : Direct/Beneficial
Director : Paul Moses
Date of Transaction : 23 July 2003
Class of security : Ordinary shares
Nature of transaction : Sale
Number of shares : 1 000 000
selling price : R 3,00 per share
Nature of director"s
interest : Indirect/beneficial
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