ACUITY GROUP HOLDINGS LIMITED - DEALING IN SECURITIES BY A DIRECTOR
Acuity Group Holdings Limited
Incorporated in the Republic of South Africa
(Registration number:1998/011074/06)
Share code: ACY ISIN: ZAE000018149
("Acuity" or "the company")
DEALING IN SECURITIES BY A DIRECTOR
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the
following information is disclosed:
In order to correct the public shareholding spread of the company such that a
minimum of 10% of the company"s securities will be held by the public post the
implementation of the proposed acquisition of the businesses conducted by
Avondale (Pty) Ltd and S Roux and the CPM Trust trading as Cream Star Ice Cream
("the Milkworx transaction"), Mr KJ Gribnitz, a director of Acuity, has effected
an off-market disposal of 15 000 000 shares arising from his indirect
shareholding in Acuity. The details of the transaction are as follows:
Name of director: KJ Gribnitz
Name of company: Acuity Group Holdings Limited
Date of transaction: 19 March 2004
Class of securities: Ordinary shares
Number of securities: 15 000 000
Nature of transaction: Off-market disposal of shares arising from
director"s indirect shareholding and effected in
order to meet the requisite public shareholder
spread requirements post implementation of the
Milkworx transaction
Selling price: R0.07 per share
Total value of transaction: R1 050 000.00
Extent of interest: Indirect beneficial
Clearance for this trade has been given in terms of rule 3.66 of the JSE
Listings Requirements.
Pretoria
24 March 2004
Sponsor:
LPC Manhattan Sponsors (Pty) Ltd
Date: 24/03/2004 03:58:32 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
