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`)
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 GF Cousins
Director of: Italtile
Number of securities
taken delivery of: 15 000
Strike price: R27.50 per share
Value of transaction: R412 500
Share class: Ordinary shares
Extent of interest: Direct beneficial
Nature of transaction: Shares taken delivery of as a result of the expiry
of a vesting period as determined by the Italtile
Share Incentive Trust.
1 000 of the delivered shares were subsequently sold on the open market at R90
per share.
Date of delivery and
subsequent sale: 18 August 2004
Clearance to deal obtained: Yes
Johannesburg
19 August 2004
Investment bank and sponsor
Nedbank Capital
Date: 19/08/2004 02:40:07 PM
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