FrontRange - Dealing in securities by a director
FRONTRANGE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/009928/06)
Share code: FRO ISIN: ZAE000035325
(`FrontRange`)
DEALING IN SECURITIES BY A DIRECTOR
In compliance with rule 3.63 to 3.65 of the JSE Listings Requirements, the
following information is disclosed:
Executive director: J Pienaar
Company: Frontrange Limited
Date of transaction: 17 March 2005
Number of shares: 75 000
Strike price: R1.60 per share
Value of transaction: R120 000
Extent of interest: Direct beneficial
Share class: Ordinary shares
Nature of transaction: Delivery taken and payment made for options that
have vested in terms of the FrontRange Share Trust
and sale on the open market. The total of 75 000
delivered shares were sold on the open market at
R4.75 per share for the 50 000 shares and at 4.71
per share for the 25 000 shares.
Value of sale: R355 250
Executive director: J Pienaar
Company: Frontrange Limited
Date of transaction: 18 March 2005
Number of shares: 25 000
Strike price: R1.60 per share
Value of transaction: R40 000
Extent of interest: Direct beneficial
Share class: Ordinary shares
Nature of transaction: Delivery taken and payment made for options that
have vested in terms of the FrontRange Share Trust
and sale on the open market. The 25 000 delivered
shares were sold on the open market at R4.71 per
share.
Value of sale: R117 750
Clearance in terms of 3.66 of the JSE Listings Requirements was obtained for
both transactions.
Johannesburg
22 March 2005
Sponsor
Nedbank Capital
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