Tiger Brands - NOTICE OF SHARE DEALINGS
Tiger Brands Limited
Share Code: TBS
ISIN Code: ZAE000023560
("Tiger Brands", or "the Company")
NOTICE OF SHARE DEALINGS LODGED WITH THE JSE Securities Exchange South Africa IN
TERMS OF THE REVISED LISTINGS REQUIREMENTS PARAGRAPH 3.63
1.
In terms of paragraph 3.63 of the Listings Requirement of the JSE Securities
Exchange, notice is hereby given that Mr I W M Isdale, company secretary of
Tiger Brands, has exercised options and disposed of 10 400 ordinary shares in
Tiger Brands Limited, being shares that were beneficially held by Mr I W M
Isdale.
Details in respect of options exercised are reflected hereunder:
Date Options Number of Options Price (R) Date Exercised
Granted
22/09/1998 10 400 36.09625 29/08/2003
The shares that were disposed of were disposed of on 29 August 2003 at the
prices reflected hereunder:
Number of Shares Price (R) Value (R)
10 400 72.00 748 800.00
The company secretary"s interest in the transaction is that Mr I W M Isdale
disposed of ordinary shares beneficially held by him in terms of the Company"s
share option and share purchase schemes.
2.
In terms of paragraph 3.63 of the Listings Requirement of the JSE Securities
Exchange, notice is hereby given that Mr N Dennis, the chief executive and
director of Tiger Brands, has disposed of 13 000 ordinary shares in Tiger Brands
Limited, being shares that were beneficially held by Mr N Dennis.
The shares that were disposed of were disposed of on 29 August 2003 at the
prices reflected hereunder:
Number of Price (R) Value Date Options Option
Shares Granted Price (R)
13 000 72.00 936 000.00 18/11/1993 40.94625
These shares relate to options previously exercised by Mr. N Dennis. In terms of
the Tiger Brands share purchase and share option schemes all options are
required to be exercised and any loans advanced are to be repaid by no later
than the tenth anniversary of the granting of such options.
In terms of the Code of Ethics of the Company, no share transactions may take
place from 1 September to the release of the final results in November. Mr. N
Dennis has accordingly sold shares to facilitate his repayment of loans by 18
November 2003, being the tenth anniversary of the date of the granting of the
options.
Sandton
1 September 2003
Date: 01/09/2003 03:15:06 PM Supplied by www.sharenet.co.za
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