GLENRAND M.I.B LIMITED - DEALING IN SECURITIES BY DIRECTORS
Glenrand M.I.B Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008001/06)
Share Code: GMB ISIN: ZAE000018529
(`Glenrand M.I.B`)
DEALING IN SECURITIES BY DIRECTORS
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
Listing Requirements, the following information relating to the dealing in
securities by two directors is disclosed.
Messrs von Roretz and Mansfield are shareholders in Aconcagua 7 Investments
(Proprietary) Limited (`Aconcagua`), a company which was formed by certain
Glenrand M.I.B employees in their personal capacity, for the purpose of
acquiring Glenrand M.I.B shares. In terms of the Aconcagua shareholders`
agreement the shareholdings are to be equalised and Messrs von Roretz and
Mansfield`s shareholdings in Aconcagua have decreased as a result of this, which
has resulted in a reduction in their holding of Glenrand shares as reported
below:
Name: Mr E S G von Roretz
Designation: Chief Operating Officer of Glenrand M.I.B
Date of transaction: 3 November 2004
Nature of transaction: Decrease in shareholding as explained above
Average price: R3.187
Number of shares: 3 022 ordinary shares
Total value: R9 631.11
Nature and extent of interest: Indirect beneficial
Name: Mr A W Mansfield
Designation: Chairman of Glenrand M.I.B
Date of transaction: 3 November 2004
Nature of transaction: Decrease in shareholding as explained above
Average price: R3.187
Number of shares: 3 022 ordinary shares
Total value: R9 631
Nature and extent of interest: Indirect beneficial
Johannesburg
4 November 2004
Sponsor
Nedbank Capital
Date: 04/11/2004 04:39:01 PM
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