|
Edgars Consolidated Stores Limited - Dealing In Shares By A director
EDGARS CONSOLIDATED STORES LIMITED
`Edcon`
(Reg. No. 1946/022751/06)
(Incorporated in the Republic of South Africa)
ISIN Code : ZAE000018388
Share Code : ECO
DEALING IN SHARES BY A DIRECTOR
In compliance with Section 3.63 of the Listings Requirements of the JSE
Securities Exchange South Africa (`the Listings Requirements`) we hereby advise
that for financial planning purposes, the following executive directors have
dealt in Edcon shares as follows :
1. Name of director : Mark Richard Bower
1.1 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 5 655
Class of security : Ordinary shares of 10 cents each
Price per share : 2180 cents
Total Value : R123 279.00
Option Strike Price : 2180 cents per share
Option Strike Date : 20 November 2000
Vesting Periods : 30% after three years from the
option strike date, a further 30% after four years
from the option strike date and the balance after
five years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
1.2 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 5 361
Class of security : Ordinary shares of 10 cents each
Price per share : 3100 cents
Total Value : R166 191.00
Option Strike Price : 3100 cents per share
Option Strike Date : 20 May 2002
Vesting Periods : 30% after three years from the
option strike date, a further 30% after four years
from the option strike date and the balance after
five years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
1.3 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 16 970
Class of security : Ordinary shares of 10 cents each
Price per share : 5800 cents
Total Value : R984 260.00
Option Strike Price : 5800 cents per share
Option Strike Date : 21 May 2003
Vesting Periods : one-third after two years from the
option strike date, one-third after three years
from the option strike date and the balance after
four years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
2. Name of director : Adriaan van Aswegen Boshoff
2.1 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 3 723
Class of security : Ordinary shares of 10 cents each
Price per share : 2180 cents
Total Value : R81 161.40
Option Strike Price : 2180 cents per share
Option Strike Date : 20 November 2000
Vesting Periods : 30% after three years from the
option strike date, a further 30% after four years
from the option strike date and the balance after
five years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
2.2 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 3 672
Class of security : Ordinary shares of 10 cents each
Price per share : 3100 cents
Total Value : R113 832.00
Option Strike Price : 3100 cents per share
Option Strike Date : 20 May 2002
Vesting Periods : 30% after three years from the
option strike date, a further 30% after four years
from the option strike date and the balance after
five years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
2.3 Nature of Transaction : Purchase pursuant to the exercise
of options
Transaction Date : 20 June 2005
Number of shares : 11 187
Class of security : Ordinary shares of 10 cents each
Price per share : 5800 cents
Total Value : R648 846.00
Option Strike Price : 5800 cents per share
Option Strike Date : 21 May 2003
Vesting Periods : one-third after two years from the
option strike date, one-third after three years
from the option strike date and the balance after
four years from the option strike date, provided
all options are purchased by no later than 10
years after the option strike date.
Nature of Interest : Directly beneficial
2.4 Nature of Transaction : Sale on the open market
Transaction Date : 20 June 2005
Number of shares : 3 723
Class of security : Ordinary shares of 10 cents each
Average price per share : 29169 cents
Total Value : R1 085 961.87
Nature of Interest : Directly beneficial
2.5 Nature of Transaction : Sale on the open market
Transaction Date : 20 June 2005
Number of shares : 3 672
Class of security : Ordinary shares of 10 cents each
Average price per share : 29169 cents
Total Value : R1 071 085.68
Nature of Interest : Directly beneficial
2.6 Nature of Transaction : Sale on the open market
Transaction Date : 20 June 2005
Number of shares : 11 187
Class of security : Ordinary shares of 10 cents each
Average price per share : 29169 cents
Total Value : R3 263 136.03
Nature of Interest : Directly beneficial
In terms of Section 3.66 of the Listings Requirements prior clearance for Messrs
Bower and Boshoff to deal in the above securities has been obtained from
Mr W S MacFarlane, non-executive Chairman of the Board of Directors of Edgars
Consolidated Stores Limited.
Johannesburg
21 June 2005
Sponsor :
JP Morgan Equities Limited
Namibian Sponsor
Irwin Jacobs Greene (Pty) Limited
Date: 21/06/2005 09:16:46 AM
Produced by the JSE SENS Department
| 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. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
