Cashbuild Limited - DEALING IN SECURITIES BY A DIRECTOR
Cashbuild Limited
Registration number: 1986/001503/06
(Incorporated in the Republic of South Africa)
Share Code: CSB
ISIN Code: ZAE000028320
DEALING IN SECURITIES BY A DIRECTOR
A special purpose vehicle, which held 1 750 000 Cashbuild ordinary shares and in
which Mr P Goldrick holds a 50% beneficial interest, has disposed of the
investment on 13 November 2003 in accordance with the original funding agreement
in order to repay the funding obligations. This transaction resulted in Mr P
Goldrick indirectly disposing of 875 000 Cashbuild shares ("the shares") at a
total value of R 16 187 500, equating to a price of R 18.50 per share. Mr
Goldrick intends to utilise a portion of the proceeds to acquire a home in South
Africa and, to the extent possible, to refinance a portion of the shares.
The transaction was effected through a book-over sale on the open market.
This announcement is made in compliance with rule 3.63 of the JSE Listings
Requirements.
Johannesburg
14 November 2003
Sponsor
Nedbank Corporate
Date: 17/11/2003 01:53:02 PM Supplied by www.sharenet.co.za
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