Italtile - Dealing In Securities By A Director
Italtile Limited
(Incorporated in the Republic of South Africa)
(Registration number 1955/00058/06)
Share code: ITE ISIN: ZAE000003679
(`Italtile` or `the Company`)
DEALING IN SECURITIES BY A DIRECTOR
In terms of paragraphs 3.63 - 3.65 of the JSE Securities Exchange South Africa
Listings Requirements, the following information, relating to the dealing in
securities by a director, is disclosed:
Non-executive director: Mr DH Rabin
Director of: Italtile
Number of securities
taken delivery of: 2 450
Strike price: R27.50 per share
Value of transaction: R67 375
Share class: Ordinary shares
Extent of interest: Direct beneficial
Nature of transaction: Shares taken delivery of and subsequently sold as
a result of the expiry of a vesting period as
determined by the Italtile Share Incentive Trust.
All the delivered shares were sold on the open
market at R90 per share.
Date of delivery and
subsequent sale: 16 August 2004
Clearance to deal obtained: Yes
17 August 2004
Investment bank and sponsor
Nedbank Capital
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