Business Connexion Group Limited - Exercise Of Opt
Business Connexion Group Limited - Exercise Of Options And Subsequent Sale Of
Securities By A Director
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX ISIN: ZAE000054631
("BCX")
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Mr. P A Watt
Company : Business Connexion Group
Limited
Date of transaction : 11 November 2005
Nature of transaction : Exercise of options
Class of securities : Options in respect of ordinary
shares
Number of options exercised : 132 313
Option strike price : R6.05
Total value of transaction : R800 493.65 (the option
strike price of R6.05 has been
reduced by R6.50 as a result of special
dividends paid and the restructuring of the
group in 2004, resulting in a negative strike
price of R0.45)
Nature and extent of
director"s interest : Direct beneficial
Clearance obtained : Yes
Date of transaction : 11 November 2005
Nature of transaction : Sale of securities
Number of securities : 92 313 @ R6.10
40 000 @ R6.15
Total value of transaction : R809 109.30
Class of securities : Ordinary shares
Nature and extent of
director"s interest : Direct beneficial
Clearance obtained : Yes
Sandton
11 November 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11/11/2005 05:06:59 PM Produced by the JSE SENS Department
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