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Italtile Limited - Dealing In Securities By Directors
Italtile Limited
(Incorporated in the Republic of South Africa)
(Registration number 1955/000558/06)
Share code: ITE ISIN: ZAE000003679
(`Italtile`)
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the
following information, relating to the dealing in securities by directors, is
disclosed:
Executive director: Mr G A M Ravazzotti
Director of: Italtile
Number of securities: 150 000
Date of transaction: 22 August 2005
Price: R42.00 per share
Value of transaction: R6 300 000
Share class: Ordinary shares
Extent of interest: Direct beneficial
Nature of transaction: Shares paid for and taken delivery of as a result
of the expiry of a vesting period as determined by
the Italtile Share Incentive Trust
Clearance to deal obtained: Yes
Executive director: Mr G E Ravazzotti
Director of: Italtile
Number of securities: 15 000
Date of transaction: 22 August 2005
Price: R44.00 per share
Value of transaction: R660 000
Share class: Ordinary shares
Extent of interest: Direct beneficial
Nature of transaction: Shares paid for and taken delivery of as a result
of the expiry of a vesting period as determined by
the Italtile Share Incentive Trust
Clearance to deal obtained: Yes
Executive director: Mr P D Swatton
Director of: Italtile
Number of securities: 50 000
Date of transaction: 22 August 2005
Price: R28.00 per share
Value of transaction: R1 400 000
Share class: Ordinary shares
Extent of interest: Direct beneficial
Number of shares subsequently
sold to the Italtile Share
Incentive Trust: 9 000
Date of delivery and
Subsequent sale: 22 August 2005
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. 9 000 of the delivered
shares were subsequently sold to the Italtile
Share Incentive Trust at R157.50 per share for a
total value of R1 417 500
Clearance to deal obtained: Yes
Executive director: Mr C Trumpelmann
Director of: Italtile
Number of securities: 25 000
Date of transaction: 22 August 2005
Price: R44.00 per share
Value of transaction: R1 100 000
Share class: Ordinary shares
Extent of interest: Direct beneficial
Number of shares subsequently
sold to the Italtile Share
Incentive Trust: 7 000
Date of delivery and
Subsequent sale: 22 August 2005
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. 7 000 of the delivered
shares were subsequently sold to the Italtile
Share Incentive Trust at R157.50 per share for a
total value of R1 102 500
Clearance to deal obtained: Yes
23 August 2005
Investment bank and sponsor
Nedbank Capital
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