Edgars Consolidated Stores Limited - Dealing In Securities By A Director
EDGARS CONSOLIDATED STORES LIMITED
`Edcon`
(Reg. No. 1946/022751/06)
(Incorporated in the Republic of South Africa)
Share Code : ECO ISIN Code : ZAE000018388
DEALING IN SECURITIES BY A DIRECTOR
In compliance with Section 3.63 to 3.74 of the Listings Requirements of the JSE
Securities Exchange South Africa (`the Listings Requirements`) we hereby advise
that Mr Stephen Michael Ross, Executive Director and Chief Executive Officer of
Edcon, has been offered the share options detailed below, which offer he has
accepted :
1. Transaction Date : 11 November 2004
Price per share : R232.00
Number of Share Options : 150 000
Total value of Share
Options : R34 800 000.00
Class of Share : ordinary shares of 10 cents each
Option Strike Price : R232.00 per share
Option Strike Date : 11 November 2004
Nature of transaction : Grant of Share Options
Vesting period : 100% of allocation on 31 March 2007
Nature of Interest : Directly beneficial
2. Transaction Date : 11 November 2004
Price per share : R232.00
Number of Share Options : 150 000
Total value of Share
Options : R34 800 000.00
Class of Share : ordinary shares of 10 cents each
Option Strike Price : R232.00 per share
Option Strike Date : 11 November 2004
Nature of transaction : Grant of Share Options
Vesting period : 100% of allocation on 31 March 2008
Nature of Interest : Directly beneficial
In terms of Section 3.66 of the Listings Requirements, prior clearance to deal
in the above securities has been obtained from Mr W S MacFarlane, Chairman of
the Board of Directors of Edcon.
11 November 2004
Johannesburg
Sponsor
Cazenove
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
